20 Loan Officer Assistant Jobs in Warren, MI
A B D Federal Credit Union is Hiring a Loan Officer Assistant Near Warren, MI
Full Time
Location:
Main Branch, Warren, MI
Schedule:
Monday to Friday
Benefits
- 401k 4% Match
- Health Insurance
- Dental Insurance
- Vision Insurance
- Life Insurance
- Paid time off
- COLA
As a loan officer, you are responsible for helping customers research loans and navigate the application, approval and closing process. Duties include recommending loan options to clients and explaining their terms, determining risks for loaning to clients based on their credit and processing paperwork. Your attention to detail, excellent communication skills and the ability to thrive in a fast-paced environment will be crucial to your success. You will work alongside a team of Loan officers, where you will regularly report to CEO and Board of Directors.
Job Responsibilities
- Evaluate credit worthiness by processing loan applications and documentation within specified limits.
- Interview applicants to determine financial eligibility and feasibility of granting loans.
- Determine all applicable ratios and metrics and set up debt payment plans.
- Communicate with clients either to request or to provide information.
- Complete loan contracts and counsel clients on policies and restrictions
- Update job knowledge on types of loans and other financial services.
- Maintain and update account records.
- Assess customer needs, explore all options, and introduce different types of loans.
- Develop referral networks, suggest alternate channels and cross-sell products and services to accomplish quotas.
- Go the “extra mile” to build trust relationships, customer loyalty and satisfaction throughout the underwriting process
- Operate in compliance with laws and regulations and adhere to lending compliance guidelines.
- Minimum 2-3 years in lending experience
- Familiarity with computers and banking applications/software
- Solid understanding of direct/indirect lending products and practices
- Excellent communication and interpersonal skills
- Customer satisfaction orientation and sales competencies
Job Summary
Full Time
$61k-85k (estimate)
09/08/2024
11/07/2024
The job skills required for Loan Officer Assistant include Loan Processing, Attention to Detail, Products and Services, Communication Skills, Customer Satisfaction, Customer Relationship, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Officer Assistant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Officer Assistant. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Officer Assistant positions, which can be used as a reference in future career path planning. As a Loan Officer Assistant, it can be promoted into senior positions as a Loan Processor III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Officer Assistant. You can explore the career advancement for a Loan Officer Assistant below and select your interested title to get hiring information.
If you are interested in becoming a Loan Officer Assistant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Loan Officer Assistant for your reference.
Step 1: Understand the job description and responsibilities of an Accountant.
Quotes from people on Loan Officer Assistant job description and responsibilities
The Loan Officer Assistant position supports one or more Loan Officers by ensuring loan files are complete and loans close as scheduled.
03/15/2022: Provo, UT
Supports the marketing activities of the assigned loan officers and provides administrative support.
03/16/2022: Brockton, MA
The loan officer assistant will package up the mortgage loan application for the loan officer to review before disclosing the loan.
03/27/2022: Billings, MT
The loan officer assistant will gather many documents and paperwork to prepare the file to get assigned to a mortgage loan processor.
01/30/2022: Lawrence, MA
Loan officer assistants are responsible for assisting with the loan application process by reviewing and preparing client documents within a given period of time.
01/31/2022: Florence, SC
Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.
Career tips from people on Loan Officer Assistant jobs
Most loan officer assistants are licensed and have many years of loan origination and processing experience.
03/31/2022: Elyria, OH
Need to be familiar and expert with a loan origination system such as Encompass and/or Calyx Point.
02/05/2022: Orlando, FL
Study mortgage applications and processes.
02/11/2022: Miami, FL
Learn all applicable loan programs and processes and stay current with changes and new products.
02/01/2022: Phoenix, AZ
Assisted clients with transactions and communicated status of home loans, thereby building strong base of referral business due to delivery of excellent service.
02/17/2022: Alexandria, LA
Step 3: View the best colleges and universities for Loan Officer Assistant.
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