Loan Manager

Key responsibilities Client and application management: Meet with clients to understand their borrowing needs, advise them on different loan products, and assist with the application process.  Financial analysis: Obtain, verify, and analyze applicants' financial information, such as credit history, income, assets, and debts, to assess their creditworthiness and ability to repay the loan. Also visit banks for approval process Loan evaluation and approval: Make recommendations for loan approval or denial based on the financial analysis and underwriting guidelines.  Compliance and documentation: Ensure all loan applications and processes comply with federal and state regulations. They also prepare and submit accurate loan files.  Collaboration: Work with underwriters, loan processors, and other departments to ensure applications are processed efficiently and accurately.  Closing and post-closing: Explain loan terms to borrowers, obtain necessary signatures, and ensure all paperwork is complete.  Essential skills Strong interpersonal and communication skills to interact effectively with clients. Analytical and problem-solving skills to evaluate complex financial information. Knowledge of financial principles and lending regulations. Attention to detail to ensure accuracy in financial documents and applications. Sales skills for marketing loan products and building client relationships.