5 Loan Approval Jobs

You will be responsible for researching and evaluating clients" creditworthiness to create credit scoring models for predicting risks. Based on credibility, you will need to approve or reject loan requests. Maintaining detailed records of company loans and evaluating potential customers" creditworthiness will also be part of your duties. Your education should include an MBA, B.com, or M.com degree. You will be expected to work on Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, and Sunday from 09:00 to 17:30. As an employee, you will benefit from on-the-job training, office trips, internal career mobility, fast track career growth, personal development plans, employee-friendly policies, certificates of internship, letters of recommendation, health care and insurance, employee discounts, coffee facilities, bereavement leave, apprenticeship programs, performance bonuses, medical insurance, accidental insurance, and strong organizational skills. Your role will require strong organizational skills, knowledge, and abilities to effectively carry out your responsibilities.,

You will be responsible for meeting with clients who are interested in applying for a loan and guiding them through the initial steps of the application process. This will include providing them with all the necessary information they need to proceed. Additionally, you will be tasked with gathering the required financial documentation from clients and evaluating their creditworthiness. Your role will involve calculating and analyzing the risk ratios of clients based on factors such as their credit score and financial history. Based on your assessment, you will be required to either approve or deny loan requests. It will be essential to effectively communicate your decisions to both clients and management in a clear and professional manner. Furthermore, you will be expected to maintain accurate records of loan applications using specialized loan management software. This will help ensure that all relevant information is properly documented and easily accessible. This is a full-time position with a day shift schedule. The ideal candidate should have at least 1 year of relevant work experience. The work location for this role is in person. ,

As a Credit Analyst, your primary responsibility will be to research and assess the creditworthiness of clients. You will be tasked with developing credit scoring models to accurately predict risks associated with loan requests. Based on the credibility and potential revenues and losses, you will be making informed decisions to either approve or reject loan applications. In this role, you will also be responsible for calculating and setting interest rates, as well as negotiating loan terms with clients to ensure mutually beneficial agreements. It will be essential to maintain detailed records of loan applications and follow up with clients to manage debt settlements and loan renewals effectively. Furthermore, you will need to ensure that all lending procedures strictly adhere to regulatory guidelines. Your expertise will be crucial in developing, reviewing, and updating the company's credit policies to align with industry standards and best practices.,

The Credit Manager will be responsible for handling leads received through online digital marketing and conducting research to evaluate clients" creditworthiness based on the provided documents. They will be required to create credit scoring models to assess risks and make informed decisions on approving or rejecting loan requests, considering credibility, potential revenues, and losses. The Credit Manager will also be responsible for calculating and setting interest rates, negotiating loan terms, and maintaining communication with clients. This is a Full-time, Permanent position suitable for Freshers. The benefits include cell phone reimbursement, health insurance, and Provident Fund. The work schedule is during the Day shift with additional Performance and Yearly bonuses. The work location is in person. For further queries, please contact 9266015511.,

Full Job Description Position Summary: The Mortgage underwriting associate evaluate and determine the eligibility of loan applications of residential mortgage (1-4 family) loans. Mortgage underwriting associate role includes but not limited to analyzing and verifying loan applications, review of all 4 Cs, evaluating risks, and making loan eligibility decisions. The incumbent ensures the accurate, efficient, and timely flow of information/documentation for offering quality and efficient services. Responsibilities: Knowledge of mortgage underwriting and Agency automated underwriting systems Demonstrate a full understanding of agency guidelines as well as posted Lender internal guidelines Review all mortgage applications and documentation for accuracy and completeness Review and be able to complete a full analysis of all types of income (Self/Rental/Wage/etc), Assets, Liabilities, Credit and Collateral. Analyze credit, income, and assets on a loan-by-loan basis to properly assess individual risk, and promptly provide underwriting decisions to Mortgage Originators Review property documentation including title commitments, sales contracts, insurance, and flood determinations Maintain a well-developed knowledge of loan product guidelines and industry regulations, including assisting in the prevention, detection, and resolution of mortgage fraud Review and analyze appraisals for value and compliance with industry requirements Demonstrate the ability to independently make sound decisions based on the creditworthiness of the applicants based on established underwriting guidelines, policies, procedures, knowledge, and experience Provide exceptional customer care (both internal and external) in a manner that satisfies the individual needs of each customer and builds loyalty to the client Maintain confidentiality of all customer and employee information Respond positively to feedback and redirection Fully utilize systems, tools, training, and resources provided to maximize potential Assist other departments as needed Meeting daily production. Meeting the daily SLA requirement Meeting the daily Quality requirements Qualifications Education: Bachelors in any stream. Experience: 2+ years increasingly responsible experience in related areas. Knowledge/Skills/Abilities: Experienced mortgage professional with 2-3 years with mortgage underwriting. Has a complete understanding of Conventional, FHA and VA underwriting guidelines. Has working knowledge of real estate lending criteria and federal, state, and agency compliance Can multi-task and manage time efficiently Has strong organizational skills, attention to detail, and basic Microsoft Office skills Good analytical and problem-solving skills. Strong organization and verbal and written communications skills. Highly adaptive and open to changes as the organization grows and its needs evolve. To apply, call Mr Rohan at 9289050049