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Commercial Loan Business Development Officer jobs in Delaware

Commercial Loan Business Development Officer sells commercial loan services to prospective clients. Develops the initial relationship with prospects and coordinates with loan relationship manager to close selling process. Being a Commercial Loan Business Development Officer develops sales strategies for expanding referral sources. Typically requires a bachelor's degree. Additionally, Commercial Loan Business Development Officer typically reports to a manager or head of a unit/department. The Commercial Loan Business Development Officer gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Commercial Loan Business Development Officer typically requires 2 to 4 years of related experience. (Copyright 2024 Salary.com)

Recently Added Commercial Loan Business Development Officer jobs

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Loan Officer/Business Development Mrg
  • Primary Residential Mortgage
  • Newark, DE FULL_TIME
  • The main function of this position is to proactively solicit new residential mortgage clients, while developing and cultivating a strong business network of referrals. It is the responsibility of a Loan Officer to analyze a borrower’s financial and credit data to determine creditworthiness and the probability of financial security in repayment efforts.

    • Originates their own sales by contacting prospective clients,
    • Develops and maintains referral sources,
    • Spends at least one or two hours a day, two or more times a week outside of the office (including a home office), originating loans,
    • Meets with prospective clients at locations other than PRMI’s offices, e.g., client’s home or other locations,
    • Meets with clients in person to sell mortgage loan products/packages,
    • Contact with clients by telephone, mail, and e-mail is adjunct to in-person contacts,
    • Obtains credit information and necessary documentation for application process,
    • In-person calls outside of the office on real estate agents and brokers, financial advisors, and other potential referral sources to develop borrower leads,
    • Engages in marketing and promotional activities in support of their own sales,
    • Develops new and continued business opportunities and sales leads by cultivating relationships with realtors, builders, bankers, etc.
    • Develops solid PRMI product knowledge and offers clients the best mortgage products to match client needs
    • Reviews application information, requesting specific supporting documentation as needed/required based on loan investor guidelines
    • Analyzes and exercises independent judgment and discretion in advancing PRMI’s business objectives and the interests of PRMI’s customers regarding significant financial decisions
    • Carries out major assignments affecting business operations of the employer or the employer’s customers through:
      • collecting and analyzing information regarding the customer’s income, assets, investments, or debts
      • analyzing applicant data, credit and collateral property value
      • determining which financial products best meet the customer’s needs and financial circumstances
      • providing advice to the customer regarding the advantages and disadvantages of available financial products
      • marketing, servicing, or promoting the employer’s financial products
    • Completes necessary continuing education in a timely manner and remains current on local developments and trends within the real estate and mortgage industries
    • Provides origination services in the state of licensure
    • Creates and maintains excellent business relationships with referral client base, creating new mortgage lending opportunities
    • Corresponds, communicates, and coordinates with clients, in-house support staff, and external service providers to facilitate timely closings
    Qualifications

    • Sales experience in the mortgage industry is preferred
    • Familiarity with mortgage processes, procedures, rules, regulations, and compliance
    • Exceptional customer service skills with a strong attention to detail
    • Excellent written and verbal communication skills
    • Strong computer skills to include a working knowledge of MS Office
    • Ability to comprehend and analyze financial information
    • Ability to effectively communicate and present complex financial information while fielding and responding to questions from applicants, support staff, and management
    • Established contact and referral list within the real estate and mortgage industries preferred
    • Ability to pass a required background check

    Company Conformance Statement

    In the performance of assigned tasks and duties all employees are expected to conform to the following:

    • Review and adhere to policies and guidelines contained within the Employee Handbook, including privacy and information security guidelines.
    • Act within delegated authorities and adheres to applicable policy and procedures associated with such authorities.
    • Contribute to establishing a respectful workplace where diversity is critical to innovation and growth.
    • Ensure every action and decision is aligned with PRMI values.
    • Partner with your management team to understand performance expectations and measurements. Effectively utilize feedback and coaching opportunities while seeking to learn and develop within your role at PRMI.
    • Realize team synergies through networking and partnerships across PRMI.
    • Embrace change; act as advocate and role model, promoting an approach of continuous improvement.
    • Maintain a high standard of customer care while actively listening to customers in an effort to understand their views and needs. Take ownership of problems and issues, taking into consideration the breadth of PRMI competencies in providing solutions.
    • Work independently while understanding the necessity for communicating and coordinating work efforts with other employees and organizations.
    • Work effectively as a team contributor on all assignments.
    • Perform quality work within deadlines.
    • Respect client and employee privacy.
    • Maintain eligibility for FLSA classification as Outside Sales Exempt, and complete the quarterly certification process

    Work Requirements

    Each employee must be able to communicate clearly and effectively, utilize a computer, maintain a work schedule, and effectively perform in an office setting. Employment with PRMI requires compliance with and adherence to all applicable mortgage and fair lending laws and regulations as well as PRMI policies. The ability to work extended hours may be required.

    Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
  • 3 Days Ago
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Loan Officer/Business Development Mrg
  • Primary Residential Branding
  • Newark, DE FULL_TIME
  • The main function of this position is to proactively solicit new residential mortgage clients, while developing and cultivating a strong business network of referrals. It is the responsibility of a Lo...
  • 19 Days Ago
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Loan Specialist (Commercial)
  • US Agriculture, Rural Development
  • Dover, DE FULL_TIME
  • Duties Review and analyze preapplications, applications and all supporting documents to determine loan or grant eligibility and inputs data into appropriate automated database system. Analyze financia...
  • 1 Day Ago
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Loan officer
  • Lennar Corporation
  • Millsboro, DE FULL_TIME
  • Overview Lennar Mortgage is centered around personal growth, innovation, and diversity. We are looking for a new team member who shares our passion and dedication to bringing homeownership to life. At...
  • 23 Days Ago
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Commercial Lender
  • Member Business Financial Services
  • Delaware, DE FULL_TIME
  • Member Business Financial Services (MBFS), a credit union-owned company, is looking for a Credit Union Relationship Manager for the Chester and Delaware counties. This position is responsible for acqu...
  • 1 Month Ago
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AVP, COMMERCIAL LOAN DEPT.
  • Dover Federal Credit Union
  • Dover, DE FULL_TIME
  • DescriptionThe primary function of this position is to oversee the daily operations of the Commercial Loan Department to build and grow commercial loan business within DFCU’s market. Successfully mana...
  • 2 Months Ago
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Commercial Loan Business Development Officer jobs at Popular Companies

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Commercial Loan Business Development Officer - To 175K - Chicago, IL -Job # 3274
  • The Symicor Group
  • Chicago, IL
  • Commercial Loan Business Development Officer - To $175K + Bonus - Chicago, IL - Job # 3274 Who We Are The Symicor Group ...
  • 6/12/2024 12:00:00 AM
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BUSINESS DEVELOPMENT REP
  • UHS
  • Augusta, MI
  • Responsibilities Skywood Recovery Center is a residential treatment facility offering integrated treatment for substance...
  • 6/9/2024 12:00:00 AM
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Business Development Rep
  • Xactly byGTE
  • Golden, CO
  • Restoration and Mitigation company is looking for a Business Development Representative to join their team! As a Busines...
  • 6/8/2024 12:00:00 AM
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Business Development Representative
  • Cencora
  • Hoofddorp, NH
  • Our team members are at the heart of everything we do. At Cencora, we are united in our responsibility to create healthi...
  • 6/3/2024 12:00:00 AM
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Business Development Representative
  • ADP
  • Allentown, PA
  • ADP is hiring a Business Development Representative. Ready to control your financial future while achieving the work-lif...
  • 5/18/2024 12:00:00 AM
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Business Development Representative
  • ADP
  • Tucson, AZ
  • ADP is hiring a Business Development Representative. Ready to control your financial future while achieving the work-lif...
  • 5/18/2024 12:00:00 AM
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Business Development Representative
  • ADP
  • Coraopolis, PA
  • ADP is hiring a Business Development Representative. Ready to control your financial future while achieving the work-lif...
  • 5/18/2024 12:00:00 AM
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Business Development Representative
  • Arrow Electronics, Inc.
  • Machelen, Flemish Brabant
  • Position: Business Development Representative Job Description: WHO WE ARE: Arrow Enterprise Computing Solutions (ECS), a...
  • 5/15/2024 12:00:00 AM
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About Delaware

Delaware is 96 miles (154 km) long and ranges from 9 miles (14 km) to 35 miles (56 km) across, totaling 1,954 square miles (5,060 km2), making it the second-smallest state in the United States after Rhode Island. Delaware is bounded to the north by Pennsylvania; to the east by the Delaware River, Delaware Bay, New Jersey and the Atlantic Ocean; and to the west and south by Maryland. Small portions of Delaware are also situated on the eastern side of the Delaware River sharing land boundaries with New Jersey. The state of Delaware, together with the Eastern Shore counties of Maryland and two co...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Business Development Officer jobs
$80,924 to $116,781

Most Popular Cities in Delaware for Commercial Loan Business Development Officer Jobs

What does a Commercial Loan Business Development Officer do?

Commercial Loan Business Development Officer in Wichita, KS
This is where a commercial business development officer comes in.
January 22, 2020
Commercial Loan Business Development Officer in Lexington, KY
Even though these professionals specifically work with commercial loans and in development (as opposed to closing) they may actually perform a number of the same tasks as traditional loan officers.
January 07, 2020
Commercial Loan Business Development Officer in Saginaw, MI
Based on our compensation data, the estimated salary potential for Commercial Loan Business Development Officer will increase 16 % over 5 years.
February 09, 2020