Commercial Lender

## Overview Duties: Solicits loans. Informs prospective loan clients of the financial institution’s underwriting guidelines and applicable government regulations. Personally, interviews all loan applicants. Completes each loan application all pre-processing functions in a timely manner to permit the good faith estimate to be mailed within the requested three-business day period. Screens loan requests based on financial institution policies and on types of loans offered by the institution. Order’s appraisals, credit reports, background checks, reference checks and other information as needed on residential loan applicants. Research new legislation and regulations that may affect the financial institution’s lending policies. Ensures compliance with new rules by advising senior management and implementing appropriate changes. Personally, answers incoming phone calls and schedules appointments. Communicates complex approvals or denials to the borrower, real estate agents or builders. Maintains and submits a source-of-business log monthly to senior lender. Promotes and participates in the financial institution’s special credit programs and other CRA programs Actively participates in local business and community activities and maintains close contact with community, customers, and prospects. ## Description Originates loans, promotes the financial institution and its lending services to the community and helps to identify and serve the community’s financial needs through loan counseling.