Loan Agent Resume
A loan agent helps people and companies in obtaining a loan for personal and business purpose. He assesses the needs of their clients and find lender for them. He also assists clients in completing necessary paperwork and filling out loan application forms. The person will also locate people and entities who are in need of a loan. To know whether someone is in need of a loan, the agent will make a soliciting phone call. The incumbent will also work with a third party that could be a bank or a lender. He may specialize either in personal, commercial, or mortgage loan.
Loan Agent Resume Sample
Howard A. McGhee
4159 Lowland Drive
Chicago, IL 60607
Phone: 815-418-5555
Email: hamcghee@freemail.com
Career Objective:
Looking for a loan agent position with “City Bank,” and help individuals and companies fulfill loan application formalities after reviewing their financial position.
Summary of Skills:
- Ample experience of lending and collecting loans to different entities
- Excellent knowledge of bank loan products
- Strong communication, and organizational skills
- Ability to find potential clients and review financial background
- Proficient in working with tailor-made finance software
- Familiarity with the underwriting and pricing procedures in loan industry
Work Experience:
Loan Agent
ABC Finance, Chicago, IL
October 2014 - Present
- Examining financial status of applicants, analyzing their credit history, and estimating if granting a loan is safe
- Giving details about several types of loans and credit options available and services offered by the company
- Collecting copies of corporate financial statements, credit history and other financial information of companies seeking loans
- Analyzing and modifying loan and credit files
- Suggesting loans within particular limits and passing on loan applications outside those limits to the management for endorsement
- Coordinating with applicants for getting information about loan applications and answering their queries on involved process
- Reviewing loan agreements and making sure that they are complete and accurate according to the policy
Loan Agent
Chicago Finance Company, Chicago, IL
February 2013 - September 2014
- Calculated payment schedules and monthly EMI and explained repayment dates
- Stayed in touch of new financial services, products and loan types to better meet the needs of customers
- Submitted loan applications to credit analysts for further verifications and suggestions
- Handled complaints of various customers and took proper action to resolve them
- Identified financial goals of clients by working with them and found different ways of achieving those goals
- Discussed with processors to help out in resolving the mortgage application problems
Education:
- Bachelor's Degree in Commerce
ABC University, Chicago, IL
2012
Reference:
On request.
