Construction Loan Officer sources and structures construction loans. Performs a due diligence review of potential borrowers, including risk and financial analysis. Being a Construction Loan Officer analyzes applicants' credit and financial status and obtains property appraisals to determine the feasibility of granting loans. Develops relationships with builders and developers to obtain referrals and future lending opportunities. Additionally, Construction Loan Officer structures construction loan terms and conditions according to policies. Approves loans within authorized limits or refers them to a loan committee for approval. May disburse loan proceeds at designated project mile. Requires a bachelor's degree. Typically reports to a manager. The Construction Loan Officer occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Construction Loan Officer typically requires 2 -4 years of related experience. (Copyright 2024 Salary.com)
POSITION PURPOSE
Responsible for receiving, reviewing, and processing applications for vehicle loans, signature loans, credit cards and other collateral loans. Meets with applicants to discuss and explain credit policies, various lending products and other services. Assembles, evaluates, and approves loan applications that meet initial lending criteria. Assists members and prospective members through the process of applying for loans in a timely and professional manner. Provides general MSFCU information and cross-sells products and services.
ESSENTIAL FUNCTIONS
MINIMUM QUALIFICATIONS
PREFERRED QUALIFICATIONS
KNOWLEDGE, SKILLS, AND ABILITIES
PHYSICAL CONSIDERATIONS
Mississippi Federal Credit Union is committed to working with its employees to reasonably accommodate them with the physical aspects of the position. Employees should be able to perform the following:
Mississippi is an At-Will Employment State. Your employment is "at will", meaning you are free to resign at any time, for any reason, with or without notice. Mississippi Federal Credit Union is also free to conclude the employment relationship with you at any time, for any reason, with or without notice. No statement or promise by a credit union representative or board member may be interpreted as a change in the "at will" policy, nor would it constitute an employment or other contractual agreement.
From: Mississippi Federal Credit Union
Benefits: