What are the responsibilities and job description for the Loan Officer position at Embark Recruiting Solutions?
Title: Loan Officer
Location: Columbus, OH
Duration: Direct Hire
Job Summary:
Our client, located in Columbus, is seeking motivated and detail-oriented Loan Officers to evaluate, authorize, and recommend approval of loan applications for individuals and businesses. The Loan Officer will play a critical role in helping clients secure financing by assessing creditworthiness, explaining loan terms, and guiding borrowers through the application process.
Key Responsibilities:
• Evaluate loan applications and supporting documentation to determine creditworthiness and eligibility.
• Interview loan applicants to gather personal and financial information.
• Analyze applicants’ financial status, credit, and property evaluations to determine feasibility of granting loans.
• Present loan options and explain terms and conditions to clients.
• Recommend loan approval or denial based on underwriting guidelines and risk assessment.
• Maintain up-to-date knowledge of loan products, regulations, and compliance standards.
• Build and maintain strong relationships with clients, realtors, and referral sources.
• Ensure all loan documents are complete, accurate, and compliant with lending policies.
• Meet or exceed sales and performance goals related to loan production.
• Follow up with clients throughout the loan process to ensure satisfaction and timely closing.
Qualifications:
• Bachelor’s degree in Finance, Business Administration, Economics, or related field (preferred).
• Proven experience as a Loan Officer, Mortgage Consultant, or similar role.
• Strong understanding of lending procedures, financial analysis, and credit risk assessment.
• Excellent communication, interpersonal, and customer service skills.
• Proficiency in loan origination software (e.g., Encompass, Calyx, or similar platforms).
• Knowledge of local, state, and federal lending regulations.
• Ability to work independently and as part of a team.
• Licensed by the NMLS (for mortgage loan officers) or willingness to obtain licensing if required.