Loan Officer

Priority Financial Network • Calabasas, CA

1d

About The Position

PFN Lending Group, Inc. is looking for independent / self generating loan officers to partner with us! We are seeking a highly motivated and experienced Loan Officer to join our dynamic team at PFN Lending Group, Inc. As a Loan Officer, you will play a crucial role in assisting clients in obtaining loans to fulfill their financial needs. You will be responsible for evaluating loan applications, assessing creditworthiness, and providing financial guidance to clients throughout the loan process.

Requirements

• Bachelor’s degree in finance, economics, business administration, or a related field (or equivalent work experience).
• Proven experience as a Loan Officer or in a similar lending role.
• Strong understanding of lending principles, credit analysis, and financial regulations.
• Excellent communication and interpersonal skills to effectively interact with clients and colleagues.
• Ability to multitask, prioritize, and manage time efficiently in a fast-paced environment.
• Proficiency in using loan origination software and MS Office applications.
• Knowledge of current market trends, products, and competitors in the lending industry.
• High level of integrity, professionalism, and confidentiality.
• Relevant certifications or licenses (e.g., NMLS license) are required.

Responsibilities

• Assess loan applications: Review loan applications and supporting documentation to determine eligibility and creditworthiness of applicants.
• Conduct financial analysis: Analyze financial statements, credit history, and other relevant information to evaluate risk and make informed lending decisions.
• Provide loan options: Present various loan options to clients based on their needs and financial capabilities, explaining terms, conditions, and repayment plans.
• Collaborate with clients: Build and maintain strong relationships with clients, providing exceptional customer service and addressing their questions or concerns regarding the loan process.
• Maintain compliance: Ensure compliance with regulatory requirements, internal policies, and industry best practices, including the accurate completion of loan documentation.
• Stay updated on industry trends: Keep abreast of changes in lending regulations, market conditions, and industry practices to provide up-to-date advice to clients and identify potential business opportunities.
• Achieve sales targets: Meet or exceed individual and team sales targets by actively promoting loan products and identifying cross-selling opportunities within the organization.
• Collaborate with underwriters: Work closely with underwriting teams to facilitate the loan approval process, providing necessary information and addressing any queries or additional requirements.
• Document loan files: Prepare and maintain accurate and complete loan files, ensuring all necessary documentation is collected, verified, and securely stored.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level