Commercial Lender

• Employee Type FT Exempt

Originates loans, promotes the financial institution and its lending services to the community and helps to identify and serve the community’s financial needs through loan counseling.

• Solicits loans.
• Informs prospective loan clients of the financial institution’s underwriting guidelines and applicable government regulations.
• Personally interviews all loan applicants.
• Completes each loan application all pre-processing functions in a timely manner to permit the good faith estimate to be mailed within the requested three-business day period.
• Screens loan requests based on financial institution policies and on types of loans offered by the institution.
• Orders appraisals, credit reports, background checks, reference checks and other information as needed on residential loan applicants.
• Research new legislation and regulations that may affect the financial institution’s lending policies. Ensures compliance with new rules by advising senior management and implementing appropriate changes.
• Personally answers incoming phone calls and schedules appointments.
• Communicates complex approvals or denials to the borrower, real estate agents or builders.
• Maintains and submits a source-of-business log monthly to senior lender.
• Promotes and participates in the financial institution’s special credit programs and other CRA programs.
• Actively participates in local business and community activities and maintains close contact with community, customers, and prospects.