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, and loan underwriters.
<ul><li>Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans.</li><li>Meet with applicants to obtain information for loan applications and to answer questions about the process.</li><li>Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.</li><li>Explain to customers the different types of loans and credit options that are available, as well as the terms of those services.</li><li>Approve loans within specified limits, and refer loan applications outside those limits to management for approval.</li><li>Review loan agreements to ensure that they are complete and accurate according to policy.</li><li>Handle customer complaints and take appropriate action to resolve them.</li><li>Review and update credit and loan files.</li><li>Stay abreast of new types of loans and other financial services and products to better meet customers' needs.</li><li>Compute payment schedules.</li><li>Submit applications to credit analysts for verification and recommendation.</li><li>Analyze potential loan markets and develop referral networks to locate prospects for loans.</li></ul>