How do they match: Loan Officers

  • Commercial Loan Collection Officer
  • Consumer Lending Specialist
  • Consumer Loan Specialist
  • Financial Assistance Specialist
  • Loan Specialist
  • Loan Servicing Specialist
  • Mortgage Specialist
  • Personal Loan Specialist

  • Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

  • Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.
  • Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
  • Authorize or sign mail collection letters.
  • Contact applicants or creditors to resolve questions about applications or to assist with completion of paperwork.
  • Establish payment priorities according to credit terms and interest rates to reduce clients' overall costs.
  • Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.
  • Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
  • Prepare reports to send to customers whose accounts are delinquent, and forward irreconcilable accounts for collector action.
  • Review and update credit and loan files.
  • Review accounts to determine write-offs for collection agencies.
  • Set credit policies, credit lines, procedures and standards in conjunction with senior managers.
  • Submit applications to credit analysts for verification and recommendation.