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https://www.thebalancecareers.com/loan-officer-526035
Education: You must generally have a bachelor's degree in finance, economics, or a related field to work as a loan officer. Licensure: There are currently no specific licensing requirements for loan officers working in banks or credit unions, but licensing requirements for loan officers who work in mortgage banks or brokerages can vary by state. They must …
https://www.investopedia.com/terms/l/loanofficer.asp
A loan officer assists consumers and business people in choosing a loan product and applying for it. This person is the main contact …
https://www.bls.gov/ooh/Business-and-Financial/Loan-officers.htm
Loan officers evaluate, authorize, or recommend approval of applications for personal and business loans. Duties. Loan officers typically do the following: Contact businesses or people to ask if they need a loan; Talk with loan applicants to …
https://www.coursera.org/articles/loan-officer
A loan officer is a finance professional who helps individuals, small businesses, and companies borrow money to accomplish goals like buying a house or getting new equipment to grow a business. A loan officer can counsel potential borrowers through the loan process, educating a borrower on loans and their terms.
https://www.indeed.com/q-Corporate-Loan-Officer-jobs.html
Loan Officer. Loan Simple 3.4. Phoenix, AZ +2 locations. $75,500 - $255,000 a year. Full-time. Easily apply. Urgently hiring. Experience reaching, or EXCEEDING, goals in a corporate environment. Loan Simple is a cutting edge Residential Mortgage Lender with a state of the art….
https://www.indeed.com/career-advice/finding-a-job/how-to-become-loan-officer
The loan officer position reviews loan applications submitted by customers who are looking for loans for cars, mortgages, business, or personal use. You will be responsible for holding appointments with potential loan customers, discussing their need for the loan, and evaluating their financial information such as pay stubs and credit history to determine their …
https://resources.workable.com/loan-officer-job-description
A Loan Officer works for banks, credit unions, independent lenders and mortgage companies to help applicants apply for loans. They ensure the eligibility to proceed with loans and evaluate how creditworthy or not a person might be based on their history and current finances before recommending them for approval.
https://taxes.uslegal.com/articles/irs-treatment-of-loans-to-officershareholder/
Commissioner T.C. Memo 1993-444 (1993) conclusively held that the officer/shareholder bears the burden of demonstrating that amounts received from the corporation are indeed loan proceeds, rather than taxable compensation for services provided. The court outlined certain conditions beneficial for the taxpayer to demonstrate in order for the funds to be treated as a …
https://www.lawinsider.com/clause/loans-to-officers
Loans to Officers. The corporation may lend money to, or guarantee any obligation of, or otherwise assist any officer or other employee of the corporation or of its subsidiaries, including any officer or employee who is a Director of the corporation or its subsidiaries, whenever, in the judgment of the Board of Directors, such loan, guarantee or assistance may reasonably be …
https://www.apmortgage.com/joinapm-blog/the-3-ps-of-loan-officer-business-planning-production-people-and-personal-goals
We often refer to these as the 5 P’s of loan officer business planning: Production and business development: Your business and what fuels it. Process and technology: What technology or processes you can add to make your business more efficient and seamless. Personal brand and marketing: Establish your personal brand and develop winning ...
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