Loan Officer
Loan Officer - Evaluating and Authorizing Loan Requests
A Loan Officer is someone who evaluates and authorizes loan requests of mortgages, commercial loans and credit loans to ensure that a clients financial status is appropriate to take on the requested loan.
A Loan Officer will spend time analyzing an applicants financial status, credit score and potentially property evaluations to determine how feasible it is to give the applicant a loan.
Loan Officer - Evaluating and Authorizing Loan Requests
A Loan Officer is someone who evaluates and authorizes loan requests of mortgages, commercial loans and credit loans to ensure that a clients financial status is appropriate to take on the requested loan. A Loan Officer will spend time analyzing an applicants financial status, credit score and potentially property evaluations to determine how feasible it is to give the applicant a loan.Practical Application Example
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A loan officer was required to check whether or not my client could afford to take on the loan ”
