What are the duties and responsibilities of a finance officer?

A loan officer evaluates, authorizes, or recommends approval of loan applications. Duties include contacting businesses and individuals to ask if they need a loan, gathering and verifying applicant information, explaining loan types and terms, analyzing credit ratings and income, reviewing loan agreements for regulatory compliance, and approving applications or referring them to management. Mortgage loan officers also develop referral relationships with real estate companies and other sources of prospective borrowers.

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