Lending Officer jobs in Kentucky
Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)
Recently Added Lending Officer jobs
Residential Lending Sr Loan Officer
- Banterra Bank
-
Paducah, KY
CONTRACTOR
-
Summary: Responsible for soliciting, negotiating and gathering documents to prepare mortgage loans and HELOCs for underwriting in compliance with federal guidelines and the Bank’s lending policies and procedures.
Responsibilities: include but are not limited to the following. Other duties may be assigned.- Self-source and generate mortgage loans through established referral partners and banking partnerships.
- Gather financial information from clients including income, assets, debts, and credit history.
- Evaluate creditworthiness and eligibility for mortgage loans.
- Interview clients to understand their needs and goals.
- Explain the difference types of mortgages loans available and recommend the best options for each client.
- Prepare and submit mortgage loan applications in accordance with standards.
- Work with processing and underwriting departments to secure loan approvals
- Manage the closing process and ensure that all documents are completed and signed.
- Build relationships with clients and referral partners, including realtors, builders, financial and industry professionals.
- Regularly participate in branch activities to train retail staff and gain mortgage referrals.
- Participates in regular sales, product and regulatory training as assigned by the bank management.
- Identify opportunities to cross-sell bank products and services between all departments.
- Stay up to date on the latest mortgage lending regulations and trends.
- Keep abreast of underwriting policies, procedures and changes for all mortgage loan products.
- Comply with applicable laws and regulations as well as the Bank’s written policies and procedures.
- Participate in continued mortgage compliance training including, but not limited to: Dodd-Frank Act, ATR/QM Rules, Truth in Lending Act, Real Estate Settlement Procedures Act (RESPA), Home Mortgage Disclosure Act (HMDA-Regulation C), Equal Credit Opportunity Act (ECOA-Regulation B), Fair Housing Act, Fair Credit Reporting Act, etc.
Qualifications and Skills: To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skills and abilities required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.
Education/Experience:- Bachelor’s degree in finance/accounting or related field preferred.
- Three years’ mortgage banking experience in the assigned territory.
- Strong understanding of the mortgage lending process.
- Experience with Encompass preferred.
- Strong business development and sales skills.
- Strong organizational skills and attention to detail.
- Strong customer service orientation and ability to manage customer relationships.
- Professional demeanor with excellent communication, interpersonal skills and conflict resolution skills.
- Strong communication and interpersonal skills.
- Ability to work independently and as part of a team.
- Ability to problem solve, prioritize tasks and meet required deadlines.
- Ability to think critically and use good, sound judgment in decision-making.
- Ability to respond to common inquiries or complaints from customers, co-workers or vendors.
- Ability to communicate effectively and tactfully, orally and in writing with employees, customers, vendors and management.
- Ability to define problems, collect data, establish facts and draw valid conclusions.
- Must understand and comply with company policies and procedures.
- Ability to maintain a friendly, helpful and courteous attitude when working with customers or co-workers under diverse conditions.
- Ability to accurately and quickly complete standard mathematical calculations.
- Ability to apply concepts such as fractions, percentages, ratios and proportions to practical situations.
- Ability to use a calculator, computer and applicable software.
- Ability to use a variety of internet browsers and Microsoft Office programs, specifically Word, Outlook and Excel and Teams.
Intent and Function of Job Descriptions: The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills or working conditions.
Banterra promotes an Equal Employment Opportunity workplace which includes reasonable accommodation of otherwise disabled applicants and employees. Please see your supervisor should you have any questions about this policy or these job duties.
In accordance with the Americans with Disabilities Act, it is possible that requirements may be modified to reasonably accommodate disabled individuals. However, no accommodations will be made which may pose serious health or safety risks to the employee or others or which impose undue hardships on the organization.
Job descriptions are not intended as and do not create employment contracts. Banterra maintains its status as an at-will employer.
Banterra Bank is an Equal Opportunity/Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, sexual orientation, gender identity, age, disability, protected veteran status, or any other characteristics protected by law. - 3 Days Ago
Residential Lending Sr Loan Officer
- Banterra
-
Paducah, KY
FULL_TIME
- Summary: Responsible for soliciting, negotiating and gathering documents to prepare mortgage loans and HELOCs for underwriting in compliance with federal guidelines and the Bank's lending policies and...
- 8 Days Ago
Business Development Officer - Aircraft Lending
- Republic Bank & Trust Co
-
Louisville, KY
FULL_TIME
- “Republic Bank believes in the development and advancement of our associates. We offer the opportunity to learn all aspects of the company to prepare for future advancement. Come join our team for a c...
- 10 Days Ago
Mortgage Loan Originator
- iServe Lending
-
Louisville, KY
FULL_TIME
- Summary of Duties: The Loan Originator position requires maintaining minimum production standards, progressing towards exceeding those minimums. _______________________________________________________...
- 28 Days Ago
Community Mortgage Lending Manager
- Insperity
-
Louisville, KY
FULL_TIME
- Description & Requirements Community Mortgage Lending ManagerAmerica’s first billion-dollar black-owned bank, Liberty Bank and Trust is a part of history, and we don’t take that success or the privile...
- Just Posted
Consumer Lending Underwriter
- Autotruck Financial Credit Union
-
Louisville, KY
FULL_TIME
- This position is primarily responsible for reviewing credit applications and making credit decisions in accordance with established credit union policies and standards. As part of the credit union’s l...
- Just Posted
Lending Officer jobs at Popular Companies
Fair Lending Officer
- Larson Maddox
-
- A growing bank is looking to add a Fair Lending Officer to their team! While reporting to the CCO, this role is responsi...
- 6/2/2024 12:00:00 AM
Lending Officer
- Lewis James Professional
-
Atlanta, GA
- Lending Officer (Atlanta, GA) Lewis James Professional is a woman-owned staff augmentation, project consulting and direc...
- 5/31/2024 12:00:00 AM
Chief Lending Officer
- Alpha Search USA
-
- 1B community bank looking for a chief lending officer in Central Oklahoma. Will look at out of state candidates.
- 5/31/2024 12:00:00 AM
SBA / Commercial Lending Officer
- Financial Staffing LLC
-
Dallas, TX
- SBA / Commercial Lending Officer - Dallas Qualifications - Commercial Lending Officer Related college degree, successful...
- 5/31/2024 12:00:00 AM
Senior Licensed Lending Officer
- Loan Depot
-
Southfield, MI
- Position Summary: Our Direct Sales channel is at the core of who we are at loanDepot-a consumer direct marketing powerho...
- 5/30/2024 12:00:00 AM
Senior Licensed Lending Officer
- Loan Depot
-
Irvine, CA
- Position Summary: Our Direct Sales channel is at the core of who we are at loanDepot-a consumer direct marketing powerho...
- 5/30/2024 12:00:00 AM
Chief Lending Officer
- Cornerstone Resources
-
Fort Leonard Wood, MO
- COMPANY DETAIL Chartered in 1954 by their founders with $325 among them and a mission of caring people delivering incred...
- 5/29/2024 12:00:00 AM
EVP, Chief Lending Officer
- First Command Financial Services, Inc.
-
Fort Worth, TX
- Position Specification First Command Bank EVP, Chief Lending Officer The Company First Command Financial Services ("Firs...
- 5/29/2024 12:00:00 AM
About Kentucky
Kentucky (/kənˈtʌki/ (listen) kən-TUK-ee), officially the Commonwealth of Kentucky, is a state located in the east south-central region of the United States. Although styled as the "State of Kentucky" in the law creating it, (because in Kentucky's first constitution, the name state was used) Kentucky is one of four U.S. states constituted as a commonwealth (the others being Virginia, Pennsylvania, and Massachusetts). Originally a part of Virginia, in 1792 Kentucky became the 15th state to join the Union. Kentucky is the 37th most extensive and the 26th most populous of the 50 United States.
Ke...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Lending Officer jobs
$45,561 to $60,328
Most Popular Cities in Kentucky for Lending Officer Jobs
What does a Lending Officer do?
Lending Officer in Roanoke, VA
A loan officer can describe either a mortgage broker OR a mortgage banker, so be sure to ask when seeking out the right professional for you.
November 15, 2019
Lending Officer in Benton Harbor, MI
After the underwriting software produces a recommendation, loan officers review the output of the software and consider any additional information to make a final decision.
November 19, 2019
Lending Officer in Somerset, NJ
So once a lender has funded your loan (given you the money), they'll sell it to the investor for cash at a small profit.
November 21, 2019