Commercial Loan Officer jobs in Delaware

Commercial Loan Officer solicits and services a variety of smaller commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer adheres to all regulatory requirements and internal risk and operating policies and procedures. May assist senior loan officers with larger or more complex loans. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Loan Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Mortgage Loan Officer
  • Fulton Bank
  • Rehoboth, DE OTHER
  • Value Proposition

    Our values define us and our culture inspires us to change lives for the better. Our employees are the heart and soul of our company, and every success we experience begins with them. Together we are committed to making a positive impact in our local communities. We champion a culture of continuous learning, work-life integration, and inclusion. We promote a digitally enabled work environment to continuously enhance the experience of our employees and customers.

    Overview

    This is a commissioned career opportunity that will be based of our Sussex County, DE market.

     

    Solicits first mortgages through contacts with realtors, builders, and developers. Work with customers and prospective customers to assist them in identifying and securing a mortgage loan that is appropriate for their individual financial circumstances and is designed to help them achieve their financial goals, including home ownership.

    Responsibilities

    • Develops and expands referral sources in order to solicit first mortgages. Maintains regular contact with Realtors in their offices and on site at open house events. Meets with builders on job sites to discuss lending options related to clients they have building homes Regularly, seeks opportunities to meet with developers. Participates in building and trade shows. Participates in mixers related to real estate where relationships can continue to build and new ones can be forged.
    • Collects and analyzes applicant’s financial information typically at one of the organizations branch locations to assess the financial circumstances to determine whether the applicant and the property qualify for a particular loan. Interviews applicants and provide required information, including income, assets, investments, debt, credit history, prior bankruptcies, judgments, and liens, as well as characteristics of property and similar information. Identifies customer’s needs in conjunction with customer’s financial situation and evaluates those needs in relation to available financial products. Recommends the financial products which best meet the customer’s specific needs after advising customer about the risks and benefits of the loan alternatives, including the options and advantages involved. Recommends terms and conditions of mortgage loans.
    • Engages in customer specific persuasive sales activity to encourage potential customer to do business with Company and cross promotes other services and financial products of Company to outside referral sources.
    • Performs work related to the loans the employee originates. Obtains and analyzes pertinent financial and credit data. Follows current loans to ensure conformity with terms. Follows up with customers and prospective customers via telephone and email communication. Completes paperwork related to the loans originated. Prepares materials needed to support employee’s loan activities. Attends company meetings as necessary. Ensures loan originations are in accordance with regulatory compliance. Ensures documentation is completed in accordance with regulatory compliance. Communicates with the customer throughout the process on an ongoing basis to ensure the customer understands the process.

    Qualifications

    Required Education

    High School Diploma or equivalent. 

     

    Required Experience

    1 or more years Recent residential mortgage lending experience to include experience in the local market. 

    1 or more years Proven ability to develop referral sources from contacts and relationships outside the organization. 

     

    This role may perform other job duties as assigned by the manager. Each employee of the Organization, regardless of position, is accountable for reading, understanding and acting on the contents of all Company-assigned and/or job related Compliance Programs, regulations and policies and procedures, as well as ensure that all Compliance Training assignments are completed by established due dates. This includes but is not limited to, understanding and identifying compliance risks impacting their department(s), ensuring compliance with applicable laws or regulations, and escalating compliance risks to the appropriate level of management.

    Sponsorship Statement

    As a condition of employment, individuals must be authorized to work in the United States without sponsorship for a work visa by Fulton Bank currently or in the future.

    EEO Statement

    Fulton Bank (“Fulton”) is an equal opportunity employer and is committed to providing equal employment opportunity for all qualified persons. Fulton will recruit, hire, train and promote persons in all job titles, and ensure that all other personnel actions are administered, without regard to race, color, religion, creed, sexual orientation, national origin, citizenship, gender, gender identity, age, genetic information, marital status, disability, covered veteran status, or any other legally protected status.

    NMLS

    This position may require incumbent to be registered in the Nationwide Mortgage Licensing System and Registry. Incumbents who are required to register will be notified in writing.

  • 22 Days Ago

C
Mortgage Loan Officer
  • Coldwell Banker Premier
  • Seaford, DE FULL_TIME
  • Mortgage Loan Officer Success Mortgage is currently seeking an experienced In house Loan Officer to handle company leads. Our ideal candidate will seek and develop relationships for new business sourc...
  • 2 Days Ago

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Mortgage Loan Officer
  • Coldwell Banker Premier
  • Rehoboth, DE FULL_TIME
  • Mortgage Loan Officer Success Mortgage is currently seeking an experienced In house Loan Officer to handle company leads. Our ideal candidate will seek and develop relationships for new business sourc...
  • 2 Days Ago

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Mortgage Loan Officer
  • Coldwell Banker Premier
  • Lewes, DE FULL_TIME
  • Mortgage Loan Officer Success Mortgage is currently seeking an experienced In house Loan Officer to handle company leads. Our ideal candidate will seek and develop relationships for new business sourc...
  • 2 Days Ago

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Mortgage Loan Officer
  • Coldwell Banker Premier
  • Milford, DE FULL_TIME
  • Mortgage Loan Officer Success Mortgage is currently seeking an experienced In house Loan Officer to handle company leads. Our ideal candidate will seek and develop relationships for new business sourc...
  • 2 Days Ago

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Mortgage Loan Officer
  • County Bank
  • Sussex, DE FULL_TIME
  • JOB TITLE: Mortgage Loan Officer BRANCH/DEPARTMENT: Mortgage DepartmentFLSA STATUS: Exempt REPORTS TO: Chief Loan OfficerAs a part of our culture, we have adopted qualities that are essential to the s...
  • 3 Days Ago

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Commercial Loan Officer
  • Strivector
  • Phoenix, AZ
  • THE JOB As a Commercial Loan Officer , your roles and responsibilities will include: Generate new C&I, CRE and business ...
  • 3/29/2024 12:00:00 AM

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Commercial Loan Officer
  • RIO BANK
  • Harlingen, TX
  • Job Description Job Description Overview Rio Bank is a South Texas owned and managed bank with a strong focus on persona...
  • 3/29/2024 12:00:00 AM

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Commercial Loan Officer
  • First National Bank
  • Minneapolis, MN
  • Who we are We are a family-owned bank committed to providing exceptional service and innovative banking solutions while ...
  • 3/29/2024 12:00:00 AM

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Commercial Loan Officer
  • Cornerstone Lending Group Inc.
  • Irvine, CA
  • We are currently seeking a Commercial Loan Officer to join our team at Cornerstone Lending Group, a mortgage brokerage s...
  • 3/28/2024 12:00:00 AM

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Commercial Loan Officer
  • Guilford Savings Bank
  • Old Saybrook, CT
  • Job Description Job Description POSITION DESCRIPTION: Responsible for developing and maintaining strong and profitable r...
  • 3/28/2024 12:00:00 AM

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Commercial Loan Officer
  • Wayne Bank
  • Geneva, NY
  • Job Description Job Description Duties: Manages a commercial loan portfolio in the designated service area, provides dir...
  • 3/28/2024 12:00:00 AM

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Commercial Loan Officer
  • FIRST BANK AND TRUST COMPANY
  • Kingsport, TN
  • Job Description Job Description First Bank and Trust is seeking a Commercial Loan Officer for our Kingsport, TN office. ...
  • 3/28/2024 12:00:00 AM

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Commercial Loan Officer
  • JCW
  • Bethlehem, PA
  • JCW is partnering with a well established community bank based in New Jersey. They are seeking an experienced Commercial...
  • 3/27/2024 12:00:00 AM

Delaware is 96 miles (154 km) long and ranges from 9 miles (14 km) to 35 miles (56 km) across, totaling 1,954 square miles (5,060 km2), making it the second-smallest state in the United States after Rhode Island. Delaware is bounded to the north by Pennsylvania; to the east by the Delaware River, Delaware Bay, New Jersey and the Atlantic Ocean; and to the west and south by Maryland. Small portions of Delaware are also situated on the eastern side of the Delaware River sharing land boundaries with New Jersey. The state of Delaware, together with the Eastern Shore counties of Maryland and two co...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Officer jobs
$66,600 to $92,130

Commercial Loan Officer in New Suffolk, NY
In addition to reviewing loan applications, commercial loan officers must evaluate the credit history of the applicant.
January 13, 2020
Commercial Loan Officer in Altus, OK
This requires the officer to independently analyze an applicant’s credit history, negotiate credit terms such as cost loan repayment methods and collateral, prior to making a loan decision.
January 16, 2020
Commercial Loan Officer in Gainesville, FL
Secured loans are common when the level of capital is not sufficient.
December 05, 2019