Loan Counselor Job Description Template
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Document description
This loan counselor job description template has 2 pages and is a MS Word file type listed under our human resources documents.
Sample of our loan counselor job description template:
Page 1 JOB DESCRIPTION LOAN COUNSELOR Brief description The position of loan counselor consists of providing guidance to prospective loan applicants who have problems qualifying for traditional loans. It also consists of determining the best type of loan and explaining loan requirements or restrictions. Tasks • Analyze applicants' financial status, credit, and property evaluations to determine feasibility of granting loans; • Approve loans within specified limits; • Calculate amount of debt and funds available to plan methods of payoff and to estimate time for debt liquidation; • Check loan agreements to ensure that they are complete and accurate, according to policies; • Contact applicants or creditors to resolve questions about applications or to assist with completion of paperwork; • Establish payment priorities according to credit terms and interest rates to reduce clients' overall costs; • Interview applicants and request s