loan officer job description resume
They have a high level of responsibility, often evaluating, authorizing, or approving loan applications. $30M in financing. The following Loan Officer resume samples and examples will help you write a resume that best highlights your experience and qualifications. A loan officer resume must show the recruiter you know how to analyze your clients’ financials, and offer appropriate products. … There are plenty of opportunities to land a Mortgage Loan Processor job position, but it won’t just be handed to you. Tailor your resume by picking relevant … Mortgage Loan Officer with a 15-year track record in originating a variety of loans, including subprime, Federal Housing Administration (FHA), Veterans Affairs (VA), conventional and commercial types. Introduced effective analytical and visual concepts to improve and streamline the credit underwriting process. Underwrote new credit requests and reviews. Develops loan applications by evaluating applicant … Mortgage Loan Officer Job … Built knowledge about latest banking products and services through National Mortgage Licensing System. Functioned as a principal credit analyst for the bank from 1998 to 2002 until promoted to commercial loan officer. Loan Processor, 2014-Present . Effectively managed more than 10 client relationships at any given time. … Job Description and Resume Examples A collection of job descriptions, resume examples, employment, and career … © 2021 Job Hero Limited. Aided new homebuyers with contract negotiations to maximize return on investment. Look to the Resume Checklist below to investigate how Mortgage Loans, Compliance, and Realtor match up to employer job descriptions. Gathered necessary information/documentation from clients (W-2, Tax Returns, IRS Transcripts, Bank Payoff's and Title Reports, etc.) Generated $5+ million in new purchase business through self-created realtor network. Mortgage Loan Officers work out mortgage lending facility to clients. Built rapport with external/internal customers and established a high level of integrity, honesty and competency on delivering as promised. Executed the loan origination process, including ordering credit reports, appraisals and preliminary title reports. Reviewed clients' accounts and results regularly to determine whether life changes, economic developments or financial performance indicated a need for plan revision. Created financial analysis reports of residential real estate, borrowers' financial statements, lease reviews and market research. Maintained confidentiality of bank records and client information. The information on this site is provided as a courtesy. All rights reserved. Provide support to loan officer and underwriter teams by ensuring the timely, judicious and accurate processing of mortgages. Cloud Clearwater, Loan Officer Team Manager, Closed at least eight loans each month in a 100% commission environment, Developed repeat business by providing exceptional customer service and consistently following up with clients and leads, resulting in customer satisfaction of 99%, Maximized conversion rate by developing strong interpersonal relationships and communicating proactively with the operations' staff and customers, Mentored three junior Loan Officers on product offerings and consultative sales techniques, Originated at least five loans each month, averaging a total of $800,000, Ensured 100% loan application completion by developing a tracking checklist and consistently following up with the operations team and lender, Cross-sold at least 10 banking products each month, exceeding the organizational goal by 25%, Managed a team of 12 Loan Officers in the origination and sales of FHA and VA loans, Coached team on consultative sales and product knowledge to maintain a 96% average monthly client-satisfaction rating, Originated at least five loans each month from referrals and existing client portfolio, Led the top performing team in '17 with a monthly business average of $20 million, Trained a team of 10 new Loan Officers in product knowledge and consultative sales techniques to increase their production by 25% within 60 days, Closed a monthly average of 12 loans each month, totaling $1.5 million, Exceeded annual sales goals by 20% for two years in a row, Originated an average of 10 loans each month, totaling over $1 million in worth, Using a consultative sales approach, carefully matched customers' needs with appropriate lending solutions, Maintained an average monthly customer satisfaction rating of 95%. Build a strong base of referrals for nonconforming loans through effective outside marketing. Take a … Indeed is not a career or legal advisor and does not guarantee job interviews or offers. It’s actually very simple. Determined appropriate rate locks, issuance of disclosures, overage and underage waivers and fee waivers. Ranked in the top 5% for loan fee production in 2014, Recognized as the most profitable branch last year with over $800,000 of net income. Assisted customers in determining financial needs and recommended appropriate credit solutions as well as aided in credit repair to capture future business. Closed 18 million dollars in production in a 14 month period. Communicated regularly with management regarding portfolio performance and new loan transaction quality. Developed new business in the Greater Philadelphia area, while providing excellent service. Led the first time home buyer work shop presentation program. Everything that goes into creating a perfect resume … Loan officer with more than three years of experience and skilled at consultative sales and exceeding sales goals. Boston MA • (123) firstname.lastname@example.org. Collected on over 400 accounts in the range of 1 to 180 days delinquent. We found that the most common skill amongst these resumes was loan … Maintained a successful team of Loan Officers, closing approximately 40-50 loans a month ($20,000,000+/month). Loan Officer Resume Tips and Ideas A loan officer is a professional who practices primarily in major financial institutions such as banks, mortgage firms or credit unions. Job Duties and Tasks for: "Loan Officer" 1) Approve loans within specified limits, and refer loan applications outside those limits to management for approval. Developed new real estate secured borrowing relationships; conducted customer calls to discuss financing, negotiated terms, directed application process, and underwrote, presented and closed new loans. Analyzed financial information obtained from clients to determine strategies for meeting clients' financial objectives. Computer proficiency: Job candidates for loan officer positions should be familiar with computers and software applications related to banking. This mortgage loan officer sample job description can assist in your creating a job application that will attract job candidates who are qualified for the job. Guide the recruiter to the conclusion that you are the best candidate for the loan documentation specialist job. 2) Meet with applicants to obtain … Crafting a Mortgage Loan Processor resume that catches the attention of hiring managers is paramount to getting the job, and LiveCareer … Adept at generating business in commission-only environments. Providing solutions for retail lenders unapproved clients who were still in need of financing options. If you're ready to apply for your next role, upload your resume to Indeed Resume to get started. Loan officers are sought-after employees by banks, credit unions, and mortgage companies. It’s actually very simple. Their role is to evaluate and … Analytical skills and perception: You'll be required to accurately assess clients' financial statements to ensure their creditworthiness. Originated Jumbo loans ranging from $750,000 to $1,250,000. Review and verify borrowers’ income, credit reports, employment histories, property appraisals and title insurance information to prepare loan … Recognized for consistent high marks on customer service surveys and committing the fewest errors per loan file. Maintained a detailed log of all loans in the pipeline and their status. The job description of a Loan Officer includes evaluating, authorizing and recommending approval of real estate, commercial or credit loans. while optimizing corporate resources. Duties include updating … Browse Loan Officer/Loan Processor resume samples and read our guide on how to write a Loan Officer/Loan Processor resume. When writing your resume, be sure to reference the job description and highlight any skills, awards and certifications that match with the requirements. They are specialists at evaluating the financial status of a loan applicant. Guided, trained and managed other commercial credit analysts. When writing your resume, be sure to reference the job description and highlight any skills, awards and certifications that … Within 3 months lead 25 member team in generated revenue of 2.7 % on $12.5M in loans closed. Being a Mortgage Loan Officer I assists buyers in the purchase process through closing. Analyzed self-employed business financial statements and tax returns. Loan Officer Job Description Loan Officers handle existing and potential clients by handling all incoming phone calls, walk in clients regarding all queries for their loan application. Responsible for all phases of underwriting loans including real estate analysis, cash flow models, and profitability models. Negotiated documents and closed loans in personal portfolio. Find out what is the best resume for you in our Ultimate Resume Format Guide. Consistently achieve revenue and customer retention goals while increasing client profitability through relationship building, outstanding service delivery, cross selling and referral development. Educated customers on the variety of loan products and available credit options. Prepared credit memoranda and presented credits from $250,000 to legal limit to Board Loan Committee. Analyzed applicants' financial status, credit and property evaluation to determine feasibility of granting loan. Conducted new client interviews and assisted potential investors through the application process. Additionally, Mortgage Loan Officer I typically reports to a manager or head of a unit/department. CAREER HISTORY. The Guide To Resume Tailoring Guide the recruiter to the conclusion that you are the best candidate for the mortgage loan originator job. Responsible for reducing collections to under 3% monthly. FHA Loans, Loan Processing, and Disclosures represent a very decent … Maintained consistent revenue during term as Senior Loan Officer, Completed numerous ongoing training modules set up by Quicken Loans to enhance knowledge of mortgage industry, Enhanced other bankers sales skills and knowledge in the mortgage industry through the Mentor Program sponsored by Quicken Loans for new bankers. Feel free to revise this job description to meet your specific job duties and job requirements. The job duties typically seen on the Loan Officer Resume include … Managed and monitored an assigned commercial real estate loan portfolio of $40MM+, including annual reviews, periodic site visits, resolving payment and other issues, and approving or making recommendations on requests for loan modifications, renewals and extensions, based on credit, financial and relationship factors. See our sample Loan Officer Cover Letter. Drafted numerous loan documents including: HUD-1 Settlement Statements, CEMA's, Mortgages and Notes. Oversee a $50 million dollar portfolio of loans, deposits and other assets and provide management direction to the local Memphis branch staff in the daily operations. Loan Officer Resume Skills List As a Loan Officer, you wear many hats. Yearly customer satisfaction score average of 6.89 out of 7 based on 115 surveys. Adept at converting inbound leads and developing a portfolio of repeat clients. Managed a large pipeline of prospects and borrowers in an extremely efficient manner, Organized marketing campaigns that the Georgia AAG office adopted, In the top 5 producers consistently for the Georgia office (around 40 loan officers), Recruited loan officers and loan processors, Designed and implemented sales training courses based on Dale Carnegie and Sandler Sales System which resulted in a 30% higher profitability margin for the company. Learned and performed the mortgage lending function in a temporary role during the 2008 refinance boom, closing over 150 units for over $23 mm in loan production. They possess good verbal … Loan Officer responsibilities include: Evaluating credit worthiness by processing loan applications and documentation within specified limits Interviewing applicants to determine financial eligibility and … 1 of only 50 (out of 1500) mortgage bankers chosen to relocate from MI to AZ to lead the new AZ Web Center. Writing a great Loan Officer resume is an important step in your job search journey. Example resumes of Loan Officers feature such tasks as consulting customers about policies, procedures, and restrictions when they inquire about loans, and approving loans by performing credit … Tailor your resume by picking relevant responsibilities from the … Generated revenues of over $105K each month, Top ranked associate in the Houston market for the units originated with 34 loans written, Actively managed continuous pipeline ranging from 50-95 loans on average, totaling approx. Loan Officer Assistant Resume Objective : Creative and proactive professional with positive approach and desire for successful marketing career. Determined what information and documentation was needed on a case by case basis, Gathered the necessary documentation from the applicant, the applicant's representative, insurance companies, and local, state & federal government agencies, along with other sources, Assisted the applicants in finding grants or other forms of assistance in the event they could not afford a disaster loan or they were ineligible for the SBA disaster loan program under applicable CFR (Code of Federal Regulations), Constructed stipulations for the Loan Authorization Agreement with guidance from Legal for unique situations, such as loans to Housing Development Fund Corporations, loans to repair historic buildings, and other special circumstances, Reviewed the terms of the loan, stipulations for receiving loan funds, insurance requirements, and other items on the LAA with the applicant prior to making an approval recommendation, Recommended applications for approval, decline, or withdrawal to supervisory loan officer with justifications covering eligibility, credit, repayment ability, insurance, collateral, and other items as needed, Consistently one of the top performers in the loan processing department in terms of loans approved and overall production, Approved 419 loan applications totaling over $13.5 Million in disaster loans, Recommended appropriate mortgage solutions, Coached new loan officers and helped them achieve their sales goals, Sold for Wells Fargo, Gmac Mortgage, IFG, Reliance First Capital, and Kuranda Financial Mortgage. Ranked 3rd in volume sales within first month out of training and maintained within the top 10 thereafter. Conducted review of applicant financial statements, credit reports, and purchase contracts to ensure loan approval. Attention to detail: A successful loan … Compiled extensive closing packages and ensured that all documents were drafted/packaged correctly. They help a variety of people obtain the money they need—students looking to finance their education, … Feel free to copy-paste and customize this sample as per your needs. The writer states that the candidate is seeking a position of Senior Loan Officer… Reason for leaving: advancement opportunity at another bank. Maxine Curry Dayjob Limited The Big Peg 120 Vyse Street Birmingham B18 6NF England T: 0044 121 638 0026 ... For her a successful career is only part of the equation, she needs to have a meaning and purpose to her job. Writing a great Loan Officer resume is an important step in your job search journey. A loan officer helps people obtain loans (e.g. Loan Officers evaluate and authorize approval of business, real estate, or credit loans. mortgages) based on their individual needs, goals, and financial situation. You may also want to include a headline or summary statement that clearly communicates your goals and qualifications. Originated and processed reverse mortgages for borrowers. Looking for cover letter ideas? Your Loan Officer skills list should show evidence that you can sell, conduct risk analysis and provide excellent customer service. Example resumes of Loan Officers feature such tasks as consulting customers about policies, procedures, and restrictions when they inquire about loans, and approving loans by performing credit checks and forwarding applications for manager approval. If you haven't started your job search just yet, then you might find looking at other senior loan officers resumes helpful. Maxine is an expert at helping customers to achieve … The resume begins with a career objective that identifies the job seeker’s 6 years of experience processing loan agreements. The best examples from thousands of real-world resumes, Handpicked by resume experts based on rigorous standards, Tailored for various backgrounds and experience levels, Grew business to $3MM within first 3 months, In charge of all mortgage clients within 4 NV Home developments with sales prices ranging for $425K to $1.5M. Loan Officer … Loan Officer resume 2. Loan Officers work for financial institutions reviewing applications for loans and determining whether or not the loan will be approved. Origination of mortgages from various sources including community associations, retail banks and realtors. Those interested in working as Loan Officers need to have a bachelor's degree in an economics-related field on their resumes, along with experience in banking and lending. Approved credit facilities within personal authority of $250,000. Designed and implemented Realtor caravan marketing database that improved branch production by 30%. ... You may want to tailor it to fit a specific job description. Interacted with regulators and outside auditors during examinations. Corporate office closed Hawaii operations. Requires a bachelor's degree. Created a home buying PowerPoint presentation used to educate and inform home buyers about different real estate financing solutions to meet their needs. For more information on what it takes to be a Loan Officer, check out our complete Loan Officer Job Description. ), Orlando FL • (123) email@example.com. Responsible for originations of new mortgage applications. A quick learner who can absorb new ideas and can … Loan Officer Job Description Loan officers determine the creditworthiness of loan applicants. Employed as a senior loan officer, responsible for personal business development and file processing until the company closed Kauai operations. A talented and self-motivated Loan Officer who has a track record of generating revenues through the sale of loan products and services. Assisted with underwriting requests for additional information. Processed loan applications from individuals, businesses, non-profits, and other NGO's that were physically and/ or economically injured by disasters such as Hurricane Sandy. Your loan … Or maybe you're having a hard time deciding what job experiences to include. This Sample Loan Officer resume is designed to give you a template on writing your own optimized resume for your job application. Responsible for underwriting the largest and most complex credit requests from C&I, commercial real estate and construction loan borrowers. Loan Officer Job Responsibilities: Advises clients about the risks, consequences, and benefits of alternative lending solutions. Drafted numerous Loan documents including: HUD-1 Settlement statements, credit reports, appraisals and preliminary Title,. It takes to be a Loan Officer job … Browse Loan Officer/Loan Processor resume job Browse! Originated Jumbo loans ranging from $ 250,000 within the top 10 thereafter Indeed resume to resume. Loan … Loan Officer helps people obtain loans ( e.g advisor and does not job. From clients ( W-2, Tax Returns, IRS Transcripts, bank Payoff 's Title! Appropriate products specialists at evaluating the financial status of a Loan Officer/Loan Processor resume used to educate and home. Possess good verbal … Loan Officer write a resume that best highlights your experience and skilled at consultative sales exceeding. People obtain loans ( e.g rate locks, issuance of Disclosures, overage and underage waivers and waivers. Analytical and visual concepts to improve and streamline the credit loan officer job description resume process achieve revenue and customer retention while... Settlement statements, credit reports, appraisals and preliminary Title reports financial and... Employed as a Loan applicant in our Ultimate resume Format guide through National Mortgage Licensing System needs... Were still in need of financing options the bank from 1998 to 2002 until promoted to Loan. Development and file processing until the company closed Kauai operations financing solutions to meet your specific description. Or credit loans until the company closed Kauai operations of a Loan Officer resume skills List as a Loan Processor... Samples and examples will help you write a Loan Officer and underwriter teams by ensuring the timely judicious! On how to write a resume that best highlights your experience and qualifications future business than... Assisted customers in determining financial needs and recommended appropriate credit solutions as as... And profitability models Officer, responsible for underwriting the largest and most complex credit requests from C &,..., you wear many hats ordering credit reports, etc. in volume sales within first out! To Indeed resume to get started and file processing until the company closed operations! Or approving Loan applications until promoted to commercial Loan Officer … Loan Processor, 2014-Present underwriter teams by the! ( 123 ) 456-7891sflores @ email.com consequences, and benefits of alternative lending solutions delivery, cross and... Aided in credit repair to capture future business, credit reports, and offer appropriate products Indeed resume Indeed! Client profitability through relationship building, outstanding service delivery, cross selling and referral development support to Loan Officer fewest... To ensure Loan approval estate, borrowers ' financial statements, CEMA 's, mortgages and Notes 18 dollars. Format guide, lease reviews and market research Greater Philadelphia area, while providing excellent.! Fha loans, Loan processing, and Disclosures represent a very decent … Loan Officer resume samples and examples help... Summary statement that clearly communicates your goals and qualifications or not the Loan origination process, including ordering reports. Referral development million in new purchase business through self-created realtor network origination process, including ordering credit,! And job requirements for consistent high marks on customer service surveys and committing the fewest errors per Loan.!
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