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Loan Officer
Ref No.: 18-10481
Location: Trenton, New Jersey
Position Type:Contract
Experience Level: 3 Years
Start Date: 07/02/2018
Loan Officer

Meet with customers to determine their needs and recommend the right loan products to help meet their goals
Maintain an active knowledge base of all of the organizationÆs loan products and an understanding of the qualifications required of each applicant
Identify and recommend products that meet the customerÆs needs and the organizationÆs lending guidelines
Review active loan files each day to determine if any documents are missing or what can be done to help the process along
Utilize professional judgment to determine which potential borrowers represent good risk opportunities for the organization.
Approve loans within specified limits, and refer loan applications outside those limits to management for approval.
Meet with applicants to obtain information for loan applications and to answer questions about the process.
Analyze applicants' financial status, credit, and property evaluations to determine the feasibility of granting loans.
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.