Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
We are seeking an Outside Loan Officer to become a part of our team! You will evaluate and authorize approval of real estate, commercial, and credit loans.
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The Lending House Brokerage is a fast-growing mortgage company. We are among the best pricing in the industry with an 11 day average clear to close, and we have a great compensation plan. This job will give you the freedom to work from home, or anywhere you want to be to make the connections that move your business forward. The comp plan offers you 120 bps per deal, with bonuses. The starting bonus potential is a 6 month 30 extra bps per deal. So 150 bps per deal for the first 6 months. This is a great position for an outside Loan officer already moving within the industry or a Loan officer that wants to move away from retail. We have the tools to get you started or keep you moving.
Job Type: Full-time
Pay: $77,870.82 - $400,292.25 per year
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Work Location: Remote