Loans Consultant Job Description

loans consultant job description includes a detailed overview of the key requirements, duties, responsibilities, and skills for this role.

Last update : July 14, 2023

Loans Consultant Job Description

A Loans Consultant provides information to persons seeking to obtain loans, and assists them in the process of applying for loans.

The Loans Consultant may provide information about loan programs, such as interest rates, loan terms, how to qualify, and fees that are associated with obtaining loans.

In addition, Loans Consultants are able to provide general information to persons seeking loans.

Job Brief:

We’re looking for Loans Consultant to help our customers with all their loan needs. Whether they’re looking for a new car loan, a mortgage, or just need some help getting out of debt, our Loans Consultant will be there to help.

Loans Consultant Duties:

  • Perform financial analysis to determine feasibility of loan requests
  • Provide accurate documentation regarding the loan request
  • Negotiate loan terms with lenders
  • Prepare and finalize loan documents
  • Have excellent communication skills

Loans Consultant Responsibilities:

  • Research applicants, complete loan applications, and maintain database of applicants and loans
  • Maintain online loan applications with financial data and supporting documentation
  • Work closely with borrowers to prepare loan applications
  • Exercise sound judgment in credit analysis
  • Interview applicants, verify information, and maintain client confidentiality
  • Research and evaluate loan programs
  • Provide information to applicants during application periods
  • Conduct outreach and marketing
  • Make biweekly calls to clients

Requirements And Skills:

  • Proven experience in opening new accounts
  • Excellent communication and customer service skills
  • Strong organizational skills
  • Proven customer service experience
  • Knowledge of banking products and procedures
  • Excellent knowledge of Microsoft office products (Word, Excel, and Access)

“At [Company Name], we believe that diversity and inclusion are key to success. We are committed to building a team that reflects our values of respect and inclusion. We encourage applications from all backgrounds, religions, nationalities, genders, and ages.”

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