Consumer loan officer vs consumer loan underwriter

Differences between consumer loan officer and consumer loan underwriter duties and responsibilities

Consumer loan officer example responsibilities.

• Coordinate loans, manage daily operation of loan origination, processing, follow up and closings.
• Manage a multifacete commercial real estate investment firm.
• Execute loan origination process, to include ordering and evaluating credit reports, appraisals and preliminary title reports.
• Ensure compliance with lending laws, RESPA, HMDA, and TIL etc.
• Solicit new lending and cross-selling opportunities from prospects discover by networking, cold-calling, or on a referral basis.
• Develop customer relationships, educate and recommend appropriately base on needs, maximize cross-selling opportunities.
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Consumer loan underwriter example responsibilities.

• Ensure proper coding are accomplished by determining the appropriate code in accordance with ICD-9 and CPT guidelines.
• Innovate technical solutions, including development of complex macros within MSP, to automate work and reduce manual processes
• Manage a pipeline of fund TRID loans for completeness so they can be deliver and purchase by the required investor.
• Manage the organization's HMDA data and accurately complete the government reporting annually.
• Render underwritten decisions and subsequently clear conditions per underwriting policies and procedures, including knowledge of FNMA and FMLMC guidelines.
• Generate and distribute IRB committee meeting minutes in accordance with appropriate federal regulations.
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