Consumer Loan Officer Salary in Alabama - State Average

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Average Salary for Consumer Loan Officer in Alabama - State Average

The average salary of a(n) Consumer Loan Officer in Alabama - State Average is $55,311.

The average hourly rate of a(n) Consumer Loan Officer in Alabama - State Average is $26.59.

The average bonus of a(n) Consumer Loan Officer in Alabama - State Average is $1,842.00.

Job Description:

Interviews applicants and studies, evaluates, and authorizes or recommends approval of customer applications for consumer loans, including vehicle loans, home improvement, home equity, personal, secured and unsecured, student loans, credit cards, etc. Interviews applicant and requests specified information for consumer loan application. Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan or may submit application to credit analyst for verification and recommendation. Corresponds with or interviews applicant or creditors to resolve questions regarding application information. Approves consumer loan within specified limits or refers loan to loan committee for approval. Lesser experienced loan officers operate with moderate credit authority where more experienced senior loan officers operate with substantial credit authority involving large amounts of money or important customers. Ensures consumer loan agreements are complete and accurate according to policy. May confer with underwriter to aid in resolving application problems. May analyze potential loan markets to develop prospects for loans. May solicit and negotiate conventional or government secured loans on commission basis. May supervise loan personnel. Less

Interviews applicants and studies, evaluates, and authorizes or recommends approval of customer applications for consumer loans, including vehicle loans, home improvement, home equity, personal, secured and unsecured, student loans, credit cards, etc. Interviews applicant and requests specified information for consumer... More

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Results for Consumer Loan Officer in Alabama - State Average

Assistant Manager - Huntsville, AL

Republic Finance

Acting as a loan underwriting officer, approve or deny consumer loans within lending authority limits and recommend credit decisions on loans over assigned...

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Loan Officer (New Penn Financial) - Auburn, AL

New Penn Financial, LLC

Take mortgage loan applications and prepare effective loan proposals:. Minimum successful 3 years mortgage loan origination experience....

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Loan Officer - Fairhope, Alabama - Fairhope, AL

Embrace Home Loans

Loan Officer - Fairhope, Alabama. Overseeing the loan process by monitoring loan status and ensuring conformity with term; Embrace Home Loans, Inc....

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Loan Documentation Specialist - Russellville, AL

CB&S Bank

Responsible for verifying documentation on all residential real estate loans, commercial and consumer loans on the computer system....

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Assoc Risk Officer I-II or Risk Officer I-II - Birmingham, AL

BBVA Compass

Additional ad-hoc consumer loan product analysis, as needed. Responsible for credit policy and profitability support for the BBVA Compass Consumer Credit Card...

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