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Loan Executive

Equitas Small Finance Ltd

0 - 31 years

2 - 3 Lacs

Bengaluru/Bangalore

Posted:1 day ago| Platform: Apna logo

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Skills Required

lending documentation analysis checks contracts technology pipeline underwriting

Work Mode

On-site

Job Type

Full Time

Job Description

Loan Officer Job Responsibilities: Advises clients about the risks, consequences, and benefits of alternative lending solutions. Develops loan applications by evaluating applicant information and documentation. Consults with clients about their lending needs to help them achieve their financial goals, including the collection and analysis of information about the client’s financial situation. Evaluates loan applications and documentation by informing applicant of additional requirements. Rejects loans by explaining deficiencies to applicants. Schedules and tracks closing dates, contingency dates, and loan lock expirations. Approves loans by issuing checks or forwarding applications to loan committee. Completes loan contracts by explaining provisions to applicant, obtaining signatures and notarizations, and collecting fees. Prepares and submits timely and accurate loan files. Uses state of the art technology to manage loan pipeline and conduct credit and underwriting analysis.

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Loan Executive