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Loan Officer Assistant
EVOLVE Danbury, CT
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$47k-60k (estimate)
Full Time Just Posted
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EVOLVE is Hiring a Loan Officer Assistant Near Danbury, CT

Job Description:
The Loan Officer Assistant will assist loan officers in increasing mortgage loan production by developing contacts, attracting mortgage customers, reviewing and processing loan applications and structuring and maintaining contact and care with customers from start to finish during the process of obtaining a mortgage.
Main Job Tasks and Responsibilities:
  • Attracts new mortgage loan applications by developing relationships specifically in the real estate community and making sales calls to prospective customers.
  • Provides applicants with information regarding the loan application process.
  • Obtains complete loan application including all support documentation needed to process the loan.
  • Reviews information and documentation received from the borrowers by examining application and documentation, reviewing credit worthiness and calculating repayment risk.
  • Pre-qualifies potential loan applicants by analyzing credit and financial background.
  • Follows up on processing the loan by obtaining additional applicant information if necessary.
  • Maintains communication with the borrower from time of application through closing.
  • Establishes the rate with the borrower, verbally and in writing, prior to settlement.
  • Understands and supports the corporation's policies and procedures to provide proper and effective treatment to all of the corporation's customers.
  • Resolves any customer questions and disputes in an expeditious and tactful manner.
  • Reviews and reports complaints from customers and recommends corrective action to management.
  • Protects the bank and the customer by keeping all mortgage loan information confidential.
  • Performs other related duties as assigned.
Education and Experience :
  • High School Diploma or Equivalent.
  • Prior sales experience is preferred.
Key Competencies:
  • Budgeting
  • Oral Communication Skills
  • Written Communication Skills
  • Customer Relations
  • Customer Service
  • Good Math Skills
  • Negotiations
  • Professionalism
  • Time Management

Job Summary

JOB TYPE

Full Time

SALARY

$47k-60k (estimate)

POST DATE

04/27/2024

EXPIRATION DATE

05/10/2024

WEBSITE

evolvemodhair.com

HEADQUARTERS

PITTSBURGH, PA

SIZE

25 - 50

TYPE

Private

CEO

BETH VERMILLION

REVENUE

$5M - $10M

INDUSTRY

Consumer Services

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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.

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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.

Florida Southern College
Colby College
Dartmouth College
University of Notre Dame
Western Washington University
Canisius College