Standard Daily Operations:
- Evaluate loan applications and determine the creditworthiness of applicants
- Collect and analyze financial information to assess the risk and feasibility of loan requests
- Advise clients on loan options and assist them in selecting the most suitable loan product
- Guide clients through the loan application process, ensuring all necessary documentation is completed accurately and in a timely manner
- Have a complete understanding of loan products and be able to cross compare appropriate guidelines to buyers exact financial scenarios
- Stay up-to-date with industry regulations and changes in lending practices, including TILA and Fair Housing regulations
- Provide exceptional customer service, addressing client inquiries and resolving any issues that may arise during the loan process
- Follow-up with all pre-approved and in process clients to provide necessary data and statuses to all parties in the transaction
Skills:
- Strong knowledge of loan origination, underwriting, and loan processing procedures
- Proficiency in using financial software systems, such as Arive or other POS and LOS systems
- Excellent communication skills, both written and verbal, to effectively interact with clients and colleagues
- Ability to analyze financial data and make informed decisions based on risk assessment
- Detail-oriented with strong organizational skills to manage multiple loan applications simultaneously
- Proven track record of meeting sales targets or goals in a financial sales environment
- Familiarity with banking regulations and compliance requirements
Please note that this job description is not exhaustive and additional duties may be assigned as needed.
Job Type: Full-time
Pay: $36,000.00 - $55,000.00 per year
Benefits:
- Opportunities for advancement
- Professional development assistance
- Work from home
Compensation package:
Payment frequency:
Schedule:
- Monday to Friday
- Weekends as needed
Work setting:
Education:
- High school or equivalent (Preferred)
Experience:
- Loan Officer Assistant: 2 years (Required)
License/Certification:
Work Location: Remote