Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Responsibilities:
- Collect, review and examine an applicant’s financial history and records
- Perform risk assessment reports
- Analyze all income, asset, credit, title and property information in a residential loan for all loans.
- Maintain knowledge of and adhere to investor guidelines, state and federal underwriting lending policies and the required documentation
- Keep up with changes and adaptations as they occur
- Provide elite service to internal and external clients
- Communicate immediately and effectively verbally and in writing with all applicants and internal team members.
- Manage multiple priorities while building rapport with clients
Skills:
- Complex rationale and problem-solving skills
- Excellent written and verbal communication skills
- Proficient in using mortgage software and other relevant tools
- Willingness to learn and be coached
- Adaptable to a flexible, fast-changing industry
- Self-motivated with a strong work ethic
Qualifications:
- Bachelor's Degree, associate degree OR 1 year of mortgage experience in underwriting and/or processing
- Preferred experience in Finance and/or Accounting (financial analysis, accounts receivable and accounts payable)
Job Type: Full-time
Pay: $60,000.00 - $70,000.00 per year
Benefits:
Schedule:
Ability to Relocate:
Work Location: In person
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0 Lending Officer jobs found in Anaheim, CA area