Loan Application Manager
1 week ago
We're seeking an experienced Loan Originator to join our team at Boutique Recruiting. As a key member of our financial services team, you will be responsible for working with loan applicants to gather information, review documents, and prepare proposals for loan processing.
Salary Range: $70,000 - $90,000 per year
About the Job
In this role, you will work closely with loan applicants to understand their financial situations, analyze loan files, and provide recommendations to improve the loan process. You will also be responsible for completing loan contracts, teaching clients about policies and regulations, and interviewing applicants to determine their financial eligibility and create debt payment plans.
Key Responsibilities:
- Gather information from loan applicants to complete loan applications.
- Analyze active loan files and recommend solutions to expedite the loan process.
- Review and finalize loan contracts.
- Educate clients on loan policies and regulations.
- Determine applicant eligibility and create debt repayment plans.
- Monitor and update account records.
- Submit loan applications in a timely manner.
- Develop and present detailed loan proposals.
- Communicate loan decisions to applicants.
Qualifications:
- Bachelor's degree in Finance or a related field.
- 1-2 years of experience in loan origination.
- Strong understanding of local, state, and federal loan regulations.
- Proficient in Encompass and other banking software.
- Excellent communication and interpersonal skills.
- Customer-focused with strong sales abilities.
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