Loan Officer

First Choice Lending Services Llc; Tennessee; On-site; USD 52,000 - 76,000; Full time

Benefits offered by this job

Career advancement

Flexible scheduling

Competitive compensation

401K with company matching

Health Insurance

Life Insurance

Disability and Cancer Insurance

Marketing-level role support

Marketing event reimbursement

Job summary

First Choice Lending Services Llc in Tennessee seeks an experienced Loan Officer to join our team. You will evaluate and process loan applications, interview applicants, and assess creditworthiness to complete contracts. You’ll work with our processors and loan officer assistants to close loans on time.

The ideal candidate communicates well, understands current lending practices and regulations, and thrives in a supportive, client-focused environment with access to multiple investor partners.

Qualifications

• Bachelor’s degree in finance, economics, or a related field.
• Previous experience as a Loan Officer is preferred.
• Familiarity with Microsoft Excel, databases, and loan processing and banking software.
• Knowledge of lending products and practices.
• Strong customer service and communication skills.
• Ability to perform in a goal-oriented environment.

Responsibilities

• Interview applicants to gather financial information
• Evaluate creditworthiness
• Process loan applications
• Set up debt payment plans
• Report on financing decisions
• Complete loan contracts
• Assist clients in understanding the terms and conditions of their contracts
• Maintain up-to-date knowledge of current financial services and types of loans
• Keep detailed records for all accounts

Skills

Customer service

Communication

Goal-oriented

Team collaboration

Education

Bachelor’s degree in finance, economics, or related field

Tools

Microsoft Excel

Databases

Loan processing software

Banking software

Job description

Job Description

Job Description

Benefits/Perks

• Careers Advancement Opportunities
• Flexible Scheduling
• Competitive Compensation
• 401 (K) with company matching
• Health Insurance
• Life Insurance
• Disability and Cancer Insurance
• Full Time Marketing Executive on Staff to help with any ideas or projects
• Full Reimbursement for any Marketing events or Realtor meetings

Job Summary

We are seeking an experienced Loan Officer to join our team. In this role, you will evaluate and process loan applications. Your responsibilities will include interviewing applicants to gather financial information, evaluating creditworthiness, and completing loan contracts. The ideal candidate has excellent communication and customer service skills and a deep understanding of current lending practices and regulations. We have an incredible team of Processors and Loan Officer Assistants to help you along the way and will get your loans closed on time. We are a Correspondent Lender and will give the Loan Officer freedom to use one of our 12 Investor Partners.

Responsibilities

• Interview applicants to gather financial information
• Evaluate creditworthiness
• Process loan applications
• Set up debt payment plans
• Report on financing decisions
• Complete loan contracts
• Assist clients in understanding the terms and conditions of their contracts
• Maintain up-to-date knowledge of current financial services and types of loans
• Keep detailed records for all accounts

Qualifications

• Bachelor’s degree in finance, economics, or a related field
• Previous experience as a Loan Officer is preferred
• Familiarity with Microsoft Excel, databases, and loan processing and banking software
• Knowledge of lending products and practices
• Strong customer service and communication skills
• Ability to perform in a goal-oriented environment