Loan Sales

A Loan Sales Exexcutive responsibilities include reviewing, authorizing and recommending loans for approval. They meet with applicants to determine their creditworthiness before deciding whether or not they will offer them a personal or commercial loan. They go through each application individually, looking at what type/amounts an individual or business can afford based on specific principles. Another critical duty of a Loan Officer is to stay current with lending regulations, the economy and market rates.