Posted:23 hours ago| Platform: Naukri logo

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Job Type

Full Time

Job Description

Loan Officer

Key Responsibilities:

  • Meet with applicants

    to obtain personal and financial information and answer questions about loan procedures.
  • Evaluate creditworthiness

    by processing loan applications, reviewing credit reports, and analyzing financial data.
  • Recommend appropriate loan products

    based on client needs, goals, and eligibility.
  • Present and explain loan options

    clearly to clients, ensuring full understanding of terms and conditions.
  • Collect and verify documentation

    such as income statements, bank statements, tax returns, and collateral information.
  • Work with underwriters

    to ensure timely loan approval and disbursement.
  • Maintain accurate loan files and records

    in compliance with internal policies and external regulations.
  • Achieve monthly and quarterly loan origination targets

    (e.g., home loans, personal loans, auto loans, business loans).
  • Build and maintain relationships

    with clients, real estate agents, and other referral partners.
  • Stay updated on

    loan products, interest rates, and regulatory changes

    in the lending industry.

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