Loan Officer Interview Questions
"As a loan officer, both your financial and customer service skills are heavily valued for accepting and rejecting loans. In an interview context, prepare to talk about how you negotiate, what you believe makes a good salesman, and what you do to ensure that you meet your monthly loan closing goals. In addition, you may have to role-play a scenario where you must inform a client that they could not be given a loan because of their credit, or other criteria. To ace your interview, show that you have a motivated attitude and skilled in building personal relations with realtors."
How would you bring in the business when the market is dry?
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I will not give off, If the market is dry, I alway still have market to work with. I have to work extra miles to find what can profits to my existing clients and find the new leads. Key, I have to know my products and like what I perform and good function to all of my clients even my goal to make Money he he ...... Less
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I will not give off, If the market is dry, I alway still have market to work with. I have to work extra miles to find what can profits to my existing clients and find the new leads. Key, I have to know my products and like what I perform and good function to all of my clients even my goal to make Money he he ...... Less
How did I market myself to Realtors and do you think Homeside can assist in that process.
1 Answers↳
I mostly rely on forming personal relationships when marketing to realtors. Homesides, technological platform, credibility and in house marketing staff will make my job that much easier. I would now have something tangible that can help realtors sell more homes. Less
How will you achieve your goals.
1 Answers↳
Connect wtih Realtors, stay in contact with past clients, montly mailings
CEO stated that all employees get the "TEFCU spill" and was required to adhere to it. Which is the vision of the credit union and employees need to do their part to bring the vision to fruition. There is a false preception that it is a family oriented company however employees are required to work late hours (10 hours daily) Monday - Friday and 4 hours on Saturday and there is no excuse not to.
4 Answers↳
I have family obligations, but I will be a team player and do my part on special promotions/projects. Less
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You are correct. Working for TEFCU means you will work 10 hours a day minimum. The CEO does not like it when people ask for work/life balance. Less
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TEFCU is definitely NOT family oriented. If you call out sick because your child is sick, they ask for proof and medical records. Less
What would your first 30 days look like for you in this position?
3 Answers↳
I would like to understand the details of project and flow of project.
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Really good lessons to get into top tech companies: bit.ly/faang100
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Be ready to cover the marketing activities you would need to complete on a daily/weekly basis to generate loan volume. Less
What are my achievements in college?
1 Answers↳
I mentioned that I was a student leader and I can be a team player
My past experience and how comfortable I am to work in the group of youngsters. I fared well in the interview and the interviewers took decision to hire my services upfront.
2 Answers↳
I have no ego problems at all and I am quite adaptable and flexible. Hence I have affirmatively and confidently attended the interview. Less
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I have 2 year experience in us mortgage
Why do you want to work for Bank of America
2 Answers↳
I was interested in working for a bank that is moving forward.
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Good experience
