Loan Agent Resume
Objective : As a Loan Agent, updates job knowledge by participating in educational opportunities, reading professional publications, maintaining professional networks, and participating in professional organizations.
Skills : Interpersonal, Communication.
Description :
- Evaluated creditworthiness by processing loan applications and documentation within specified limits.
- Interviewed applicants to determine financial eligibility and feasibility of granting loans.
- Determined all applicable ratios and metrics and set up debt payment plans.
- Communicated with clients either to request or to provide information.
- Justified decisions (approvals/rejections) and report on them.
- Completed loan contracts and counseled clients on policies and restrictions.
- Updated job knowledge on types of loans and other financial services.
Experience
0-2 Years
Level
Entry Level
Education
BS Degree in Finance
Loan Agent Resume
Summary : As a Loan Agent, responsible for developing and maintaining relationships with borrowers, evaluating various loan applications, and managing loan portfolios.
Skills : Sales and Negotiation skills.
Description :
- Guided clients through the loan application process, explaining terms and conditions and answering any questions or concerns.
- Developed and maintained relationships with clients, real estate agents, and financial institutions to generate leads and referrals.
- Worked closely with underwriters to ensure timely processing and approval of loan applications.
- Advised clients about the risks, consequences, and benefits of alternative lending solutions.
- Developed loan applications by evaluating applicant information and documentation.
- Consulted with clients about their lending needs to help them achieve their financial goals, including the collection and analysis of information about the client’s financial situation.
- Evaluated loan applications and documentation by informing applicants of additional requirements.
Experience
10+ Years
Level
Senior
Education
BS degree in Finance
Loan Agent Resume
Summary : As a Loan Agent, responsible for evaluating the financial status of a loan applicant. This includes updating account records and reviewing loan files. work for commercial banks, mortgage companies, or credit unions.
Skills : Analytical skills, Customer service skills.
Description :
- Rejected loans by explaining deficiencies to applicants.
- Scheduled and tracked closing dates, contingency dates, and loan lock expirations.
- Provided ongoing support to clients throughout the loan closing process, ensuring a smooth and seamless experience.
- Completed loan contracts by explaining provisions to applicants, obtaining signatures and notarizations, and collecting fees.
- Prepared and submitted timely and accurate loan files.
- Used state-of-the-art technology to manage loan pipeline and conduct credit and underwriting analysis.
- Helped customers by answering questions and responding to requests.
Experience
7-10 Years
Level
Management
Education
BS degree in Finance
Loan Agent Resume
Objective : As a Loan Agent, obtained relevant information and evaluated applicants' financial status, including credit history, debt-to-income ratio, and appraisal reports, to determine recommendations for loan approval.
Skills : Time management. Organizational, Problem-solving.
Description :
- Maintained customer confidence by keeping loan information confidential.
- Assessed the financial position and credibility of customers seeking loans.
- Sold business loans, mortgages, and other financial products to customers.
- Discussed the different loans and credit facilities with borrowers.
- Approved loans to a certain specified limit and rejected applications that don’t meet the borrowing threshold.
- Explained the loan repayment schedules to borrowers.
- Reviewed and updated loan files and credit documentation.
Experience
2-5 Years
Level
Executive
Education
BS degree in Finance
Loan Agent Resume
Objective : As a Loan Agent meets and follows up with applicants and clients in order to keep all information up to date by completing credit and loan documentation and contacting them to obtain additional information regarding loan applications.
Skills : Financial skills, Time management skills.
Description :
- Obtained and compiled copies of applicant’s credit histories, financial statements, and other financial information.
- Ensured clients adhere to loan agreements and ensure that repayment is done on time.
- Evaluated the creditworthiness of customers.
- Processed loan applications and documentation.
- Interviewed applicants to determine their financial eligibility and feasibility.
- Determined all applicable rations and metrics and set up debt payment plans.
- Answered clients' questions and provided information.
Experience
0-2 Years
Level
Junior
Education
BS degree in Finance
Loan Agent Resume
Objective : As a Loan Agent gathers and evaluates all necessary financial information, submits applications, and provides updates throughout the process. Also gather all documentation needed for the loan application and to increase the probability and speed of the approval.
Skills : Knowledge of financial software, Customer service.
Description :
- Evaluated loan applications and conducted thorough financial analysis to determine eligibility and risk level.
- Maintained an active knowledge base of all of the organization’s loan products and an understanding of the qualifications required of each applicant.
- Documented all customer conversations in loan origination software and timely follow-up in CRM.
- Assessed customer needs, explored all options, and introduced different types of loans.
- Developed referral networks, suggest alternate channels, and cross-sell products and services to accomplish quotas.
- Built long-term, trusting relationships with customers.
- Ensured customer satisfaction at the highest possible level.
Experience
0-2 Years
Level
Junior
Education
BS degree in Economics
Loan Agent Resume
Summary : As a Loan Agent, collects the financial documents and information needed to complete a mortgage application, performs research conducts interviews as needed, and ensures that all information is complete and accurate.
Skills : Thoroughness, Confidentiality.
Description :
- Οperated in compliance with laws and regulations and adhered to lending compliance guidelines.
- Maintained a positive working relationship with internal departments and external contacts.
- Met with loan applicants to identify their needs and collect information for loan applications.
- Analyzed active loan files on a regular basis and recommended solutions to speed up the loan process.
- Completed loan contracts and taught clients about policies and regulations.
- Interviewed applicants to define financial eligibility and establish debt payment plans.
- Monitored and updated account records.
Experience
7-10 Years
Level
Consultant
Education
BS degree in Economics
Loan Agent Resume
Summary : As a Loan Agent, responsible for evaluating and authorizing loan applications. This includes giving approval recommendations for loans.
Skills : Analyzing information, Decision making.
Description :
- Submitted loan applications in a timely manner.
- Prepared detailed loan proposals.
- Rejected loan applications and explained deficiencies to applicants.
- Responded to applicants' questions and resolved any loan-related issues.
- Operated in compliance with laws and regulations.
- Sold loan products and met loan production targets.
- Performed business development tasks, including managing the pipeline by generating leads and referral business, and maintaining relationships with existing and past clients.
Experience
7-10 Years
Level
Management
Education
BS degree in Economics
Loan Agent Resume
Summary : As a Loan Agent, responsible for providing the necessary information for the applicants about the loan application process. Also collects the information about the applicant.
Skills : Professionalism, Quality focus.
Description :
- Met and communicated with applicants to explain the risks and benefits, as well as the terms of loan products and government regulations.
- Ensured all necessary information and documentation was submitted to the loan underwriting department, and was recorded properly in electronic file format.
- Represented the employer at community events and hosted seminars.
- Maintained current knowledge of all applicable lending regulations, the economy, market rates, vendors, and competitors.
- Reviewed financial data in order to determine risk factors.
- Approved loans by issuing checks or forwarding applications to the loan committee.
- Submitted reviewed applications to management in order to approve or reject the loan.
Experience
7-10 Years
Level
Management
Education
BS degree in Economics
Loan Agent Resume
Objective : As a Loan Agent, worked as a cohesive team with loan processors and underwriters, collecting all the documentation and information they needed to process applications.
Skills : Reviewing loan requests, Knowledge of finance software.
Description :
- Achieved and exceeded monthly sales targets by actively promoting loan products and services.
- Completed loan contracts by explaining risks to applicants, reviewing filled applications, obtaining signatures and notarizations, and collecting fees.
- Met with potential customers to evaluate their financial background and homeownership goals.
- Recommended the mortgage plans that best align with customers’ backgrounds and needs, drawing on research and personal expertise.
- Resolved any application issues.
- Kept an open line of communication with applicants throughout the process, providing updates and answering any questions that arise.
- Advised customers, ensuring each is paired with a mortgage that best meets their needs.
Experience
2-5 Years
Level
Executive
Education
BS degree in Economics
