(Career Asssessments, Exploration & Counselling)
Career: Loan Interviewers and Clerks
Job Description
Interview loan applicants to elicit information; investigate applicants' backgrounds and verify references; prepare loan request papers; and forward findings, reports, and documents to appraisal department. Review loan papers to ensure completeness, and complete transactions between loan establishment, borrowers, and sellers upon approval of loan.
Job Tasks
Importance %age |
Task Description |
99
|
Verify and examine information and accuracy of loan application and closing documents. |
98
|
Answer questions and advise customers regarding loans and transactions. |
97
|
Calculate, review, and correct errors on interest, principal, payment, and closing costs, using computers or calculators. |
95
|
Assemble and compile documents for loan closings, such as title abstracts, insurance forms, loan forms, and tax receipts. |
94
|
Prepare and type loan applications, closing documents, legal documents, letters, forms, government notices, and checks, using computers. |
92
|
Record applications for loan and credit, loan information, and disbursements of funds, using computers. |
92
|
Present loan and repayment schedules to customers. |
87
|
Contact customers by mail, telephone, or in person concerning acceptance or rejection of applications. |
86
|
File and maintain loan records. |
82
|
Contact credit bureaus, employers, and other sources in order to check applicants' credit and personal references. |
82
|
Accept payment on accounts. |
79
|
Interview loan applicants in order to obtain personal and financial data, and to assist in completing applications. |
74
|
Check value of customer collateral to be held as loan security. |
73
|
Schedule and conduct closings of mortgage transactions. |
62
|
Review customer accounts in order to determine whether payments are made on time and that other loan terms are being followed. |
61
|
Order property insurance or mortgage insurance policies in order to ensure protection against loss on mortgaged property. |
60
|
Submit loan applications with recommendation for underwriting approval. |
52
|
Establish credit limits and grant extensions of credit on overdue accounts. |
Work Activities
Importance %age |
Activity Description |
77
|
Processing Information
|
75
|
Updating and Using Relevant Knowledge
|
74
|
Making Decisions and Solving Problems
|
72
|
Identifying Objects, Actions, and Events
|
71
|
Communicating with Persons Outside Organization
|
71
|
Organizing, Planning, and Prioritizing Work
|
69
|
Performing for or Working Directly with the Public
|
67
|
Getting Information
|
65
|
Establishing and Maintaining Interpersonal Relationships
|
65
|
Interpreting the Meaning of Information for Others
|
64
|
Communicating with Supervisors, Peers, or Subordinates
|
63
|
Documenting/Recording Information
|
59
|
Interacting With Computers
|
58
|
Evaluating Information to Determine Compliance with Standards
|
57
|
Resolving Conflicts and Negotiating with Others
|
57
|
Analyzing Data or Information
|
55
|
Thinking Creatively
|
53
|
Monitor Processes, Materials, or Surroundings
|
49
|
Performing Administrative Activities
|
48
|
Judging the Qualities of Things, Services, or People
|
44
|
Coordinating the Work and Activities of Others
|
42
|
Selling or Influencing Others
|
42
|
Coaching and Developing Others
|
42
|
Developing Objectives and Strategies
|
41
|
Assisting and Caring for Others
|
40
|
Developing and Building Teams
|
39
|
Training and Teaching Others
|
39
|
Guiding, Directing, and Motivating Subordinates
|
34
|
Provide Consultation and Advice to Others
|
28
|
Scheduling Work and Activities
|
27
|
Inspecting Equipment, Structures, or Material
|
27
|
Monitoring and Controlling Resources
|
24
|
Handling and Moving Objects
|
22
|
Estimating the Quantifiable Characteristics of Products, Events, or Information
|
14
|
Drafting, Laying Out, and Specifying Technical Devices, Parts, and Equipment
|
9
|
Controlling Machines and Processes
|
7
|
Staffing Organizational Units
|
5
|
Repairing and Maintaining Mechanical Equipment
|
5
|
Repairing and Maintaining Electronic Equipment
|
5
|
Performing General Physical Activities
|
2
|
Operating Vehicles, Mechanized Devices, or Equipment
|