Loan Associate Resume Samples

A Loan Associate takes responsibility for evaluating and authorizing loan approval of business, credit loans, and real estate. The job description and duties that are commonly listed on the Loan Associate Resume indicates the following – updating account records, reviewing loan files, evaluating the financial status of the loan applicant, meeting the loan applicants and identifying their needs, and collecting information for loan applications; analyzing active loan files regularly, recommending solutions to speed up the loan process; monitoring and updating account records; submitting loan applications promptly; preparing detailed loan proposals, and operating in compliance with laws and regulations.

To excel in this role, the following skills are required – experience in managing all types of loans including home loans, individual loans, and business loans; excellent communication skills, interpersonal skills; a solid understanding of local, state, and federal loan regulations; and exceptional sales skills. A bachelor’s degree in finance or a similar field is mandatory for this role.

Loan Associate Resume example

Loan Associate Resume

Objective : As a Loan Associate, responsible for developing and maintaining strong working relationships with internal and external customers by providing consistent high-quality service that is timely, thorough, and responsive to the needs of different stakeholders.

Skills : MS Office, Communication, Management.

Description :

    1. Originated mortgage leads, process and submit SFR mortgage loans, HELOC's, 2nd TD, multi-family loans, and commercial loans Obtain and compile copies of loan applicants' credit histories, corporate financial statements, and other financial information.
    2. Approved loans within specified limits, and refer loan applications outside those limits to management/alternate lenders for approval.
    3. Analyzed applicant's financial status, credit, and property evaluations to determine the feasibility of granting loans.
    4. Met with applicants to obtain information for loan applications and to answer questions about the process.
    5. Reviewed loan agreements to ensure that they are complete and accurate according to policy.
    6. Explained to customers the different types of loans and credit options that are available, as well as the terms of those services.
    7. Assisted in office administration and management, 20+ employees.
Years of Experience
Experience
2-5 Years
Experience Level
Level
Executive
Education
Education
GED


Loan Associate Resume

Objective : Seeking a Loan Associate position with an outstanding career opportunity that will offer a rewarding work environment along with a winning team member.

Skills : Computer Technician, Customer Service, Coordination.

Description :

    1. Responsible for assisting and informing customers with collateral loans ranging from $5.00 - $20,000.00.
    2. Assisted customers with renewals of loans by way of interest payments, redemptions of loans, and loan placement.
    3. Maintained current knowledge of new types of loans and other financial services and products to better meet customers' needs.
    4. Processed personal property loans, handled large sums of money, processed payday loans, sales, customer service, collections, authenticated jewelry.
    5. Provided underwriting analysis for debt and equity transactions and make recommendations to the Director of Lending.
    6. Performed financial analysis, due diligence, and project feasibility assessment for potential borrowers.
    7. Prepared term sheets based on initial borrower analysis and alignment with HPNs loan products.
        Years of Experience
        Experience
        2-5 Years
        Experience Level
        Level
        Executive
        Education
        Education
        GED


        Loan Associate Resume

        Objective : Seeking a Loan Associate, responsible for Working closely with Consumer Loan Officers (CLO) to build productive relationships with current and prospective customers based on mutual trust and respect.

        Skills : Communication, Customer Service, Development.

        Description :

          1. Prepared written credit memoranda with detailed analysis and recommendations for terms and credit structure. 
          2. Supported presentation of analysis to the HPF Board for review and approval.
          3. Maintained loan pipeline in Salesforce and pipeline reporting
          4. Supported lending business projections based on loan pipeline knowledge
          5. Provided technical assistance to borrowers through the application and underwriting process.
          6. Worked with the borrower and external parties up through the loan commitment and then assisted in the transition to the closing process.
          7. Developed and cultivated relationships with borrowers and partner CDFIs.
                  Years of Experience
                  Experience
                  2-5 Years
                  Experience Level
                  Level
                  Executive
                  Education
                  Education
                  G.E.D

                  Loan Associate Resume

                  Objective : Loan Associate with 2 years of experience in Using the understanding of customer goals, credit strengths, and opportunities to deliver value-added, constructive financial information to the customer.

                  Skills : Computer Technician, Assistant, Management.

                  Description :

                    1. Assisted customers with renewals of loans by way of interest payments, redemptions of loans, and loan placement.
                    2. Transferred funds within and outside of Sri Lanka for customers.
                    3. Processed loan applications for various businesses and private sectors.
                    4. Balanced cash cage and performed other various tasks such as assisting as a bank teller and filing paperwork.
                    5. Focused is on Consumer, Consumer Dealer Contracts, and Consumer Real Estate loans. Assisted with Commercial / Ag loans when needed
                    6. Worked with Loan Operations throughout the process of ordering loan documentation, providing information, and reviewing completed documentation prior to closing. 
                    7. Assisted lenders with closing instructions including funds and signatures required for closing.
                                                      Years of Experience
                                                      Experience
                                                      2-5 Years
                                                      Experience Level
                                                      Level
                                                      Executive
                                                      Education
                                                      Education
                                                      High School Diploma

                                                      Loan Associate Resume

                                                      Objective : Seeking a Loan Associate, responsible for Processing personal property loans, handling large sums of money, processed payday loans, sales, customer service, collections, authenticated jewelry.

                                                      Skills : Management, Communication, Development.

                                                      Description :

                                                        1. Processed incoming dealer loans.
                                                        2. Processed extension agreements.
                                                        3. Performed loan support duties of complex variables such as charged-off accounts, recoveries.
                                                        4. Responded to customer inquiries including payment questions, payoffs, and loan values.
                                                        5. Called specified companies to obtain property abstract, survey, and appraisal.
                                                        6. Notified customer of approval or prepares and mails adverse action forms to applicants.
                                                        7. Provided support to loan officers in closing a loan by entering information into a computer database and by generating and assisting the customer in completing all required documentation and disclosures
                                                      Years of Experience
                                                      Experience
                                                      2-5 Years
                                                      Experience Level
                                                      Level
                                                      Executive
                                                      Education
                                                      Education
                                                      GED

                                                      Loan Associate Resume

                                                      Objective : As a loan associate, responsible for quoting merchandise, negotiating merchandise pricing, writing up loans, money handling, providing customers.

                                                      Skills : Money Handling, Organization, Good Communication, Team Lead.

                                                      Description :

                                                        1. Provided assistance to Income Property Loan Department and partnering companies during the loan process.
                                                        2. Took over the management and operating income of the property upon funding.
                                                        3. Drew up legal contracts and documentation for loan agreements between AGIC and Partnering companies.
                                                        4. Created committee presentations for the approval process and various negotiations throughout funding for income property joint ventures.
                                                        5. Organized yearly conventions, seminar material, speakers, and instructors.
                                                        6. Arranged social activities such as golf tournaments, closing night banquet, and award dinners.
                                                        7. Ensured all title issues are met and that loan is properly recorded.
                                                      Years of Experience
                                                      Experience
                                                      2-5 Years
                                                      Experience Level
                                                      Level
                                                      Junior
                                                      Education
                                                      Education
                                                      Bachelor Degree

                                                      Loan Associate Resume

                                                      Objective : To obtain a Loan Associate with 3 years of experience in Determining the appropriate customer interaction and coordinates the appropriate staff that may directly or indirectly be part of the relationship to serve the customer's loan servicing needs.

                                                      Skills : Customer Service, Call Center, Insurance Verification, Data Entry, Highly Motivated, Work Well Under Pressure, Team Player, Administrative Support.

                                                      Description :

                                                        1. Answered customers' questions, and provide information on procedures or policies.
                                                        2. Counted money in cash drawers at the beginning of shifts to ensure that amounts are correct and that there is adequate change.
                                                        3. Greeted customers entering establishments.
                                                        4. Successfully interacted with customers and retail buyers to expedite orders.
                                                        5. Assisted customers with store and product complaints.
                                                        6. Prevented store losses using awareness, attention to detail, and integrity.
                                                        7. Responsible for ringing up customers in a timely manner and guaranteeing a high level of customer service.
                                                        8. Communicated all merchandise needs or issues to appropriate supervisors.
                                                        9. Handled the correspondence and marketing for clients.
                                                      Years of Experience
                                                      Experience
                                                      2-5 Years
                                                      Experience Level
                                                      Level
                                                      Junior
                                                      Education
                                                      Education
                                                      High School Diploma

                                                      Loan Associate Resume

                                                      Headline : Loan Associate with 4 years of experience in assisting in collecting customer financial information and application details, in compliance with lending requirements.

                                                      Skills : Customer Service, Microsoft Office, Data Entry.

                                                      Description :

                                                        1. Assisted loan officers with loan reporting for Credit Committee, weekly audits for compliance, and collections.
                                                        2. Responsible for re-writing the loan policy and collection policy for PCU.
                                                        3. Responsible for phone calls, registrations.
                                                        4. Presented and informed possible clients about how the program will benefit them.
                                                        5. Organized and packaged materials needed for realtor presentations.
                                                        6. Examined loan terms and ensures loan is funded within established time frames.
                                                        7. Ensured timely recording of lien documents to ensure collateral perfection.
                                                      Years of Experience
                                                      Experience
                                                      5-7 Years
                                                      Experience Level
                                                      Level
                                                      Junior
                                                      Education
                                                      Education
                                                      GED

                                                      Loan Associate Resume

                                                      Headline : Loan Associate with 6 years of experience communicating and recommending loan terms, conditions, and collateral position consistent with the request and associated loan risks. Sets clear expectations with the customer.

                                                      Skills : Proficient In Microsoft Word, Management, Scanner.

                                                      Description :

                                                        1. Prepared sold units for delivery.
                                                        2. Prepared units for the mod and decide shop.
                                                        3. Set up and managed paper and electronic filling, record information, update paperwork.
                                                        4. Created, maintained, and entered information into the Micro Financial Software database.
                                                        5. Determined eligibility of new/return customers for possible allowance or increase.
                                                        6. Updated tickler system to note funding activities, interest rate settings, and billings.
                                                        7. Prepared, scanned, and maintained loan files.
                                                      Years of Experience
                                                      Experience
                                                      5-7 Years
                                                      Experience Level
                                                      Level
                                                      Executive
                                                      Education
                                                      Education
                                                      High School Diploma

                                                      Loan Associate Resume

                                                      Objective : As a Loan Associate, responsible for Providing underwriting analysis for debt and equity transactions and make recommendations to the Director of Lending.

                                                      Skills : Customer Service, Communication, Loan Assistant.

                                                      Description :

                                                        1. Operated the switchboard and handled all collateral insurance on Installment, Commercial, Mortgage, and Home Equity Loans.
                                                        2. Created and maintained the Installment and Commercial Loan collateral files.
                                                        3. Responsible for the completion of the Verification of Deposit, and for the completion of Payoffs of Installment and Commercial Loan accounts.
                                                        4. Performed all the filings of Discharges of Mortgages and Uniform Commercial Code filings/terminations.
                                                        5. Filed customer products when coming to do loans.
                                                        6. Worked loan/line tickler reports for outstanding documentation (titles, insurance, etc).
                                                        7. Ordered final title work
                                                      Years of Experience
                                                      Experience
                                                      2-5 Years
                                                      Experience Level
                                                      Level
                                                      Junior
                                                      Education
                                                      Education
                                                      Diploma