Special Loan Officer Salary in Colorado - State Average

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Average Salary for Special Loan Officer in Colorado - State Average

The average salary of a(n) Special Loan Officer in Colorado - State Average is $56,021.

The average hourly rate of a(n) Special Loan Officer in Colorado - State Average is $26.93.

The average bonus of a(n) Special Loan Officer in Colorado - State Average is $1,781.00.

Job Description:

Coordinates activities to collect delinquent commercial loans. Reviews files of commercial loans in default to determine collateral held by bank. Typically requires a four-year college degree in addition to job experience in a related field. Writes letter to customer to demand payment of loan balance. Calls or visits customer to determine if repayment plan can be established. Computes repayment schedule. Determines if status of customer's financial position prevents repayment of loan and justifies re-classifying loan as non-revenue producing. Initiates collateral liquidation when customer does not repay loan. Petitions court to transfer title and deeds of collateral to bank. Coordinates maintenance and repairs to property. Coordinates activities to maintain income flow related to seized assets, such as notifying renters to mail payments to financial institution. Calls real estate broker to initiate sale of real estate. Calls auctioneer or liquidation specialist to sell specified property, such as machines, equipment, and inventory at public auction. Specifies changes to bank records on value of loan. May testify at legal proceedings. Less

Coordinates activities to collect delinquent commercial loans. Reviews files of commercial loans in default to determine collateral held by bank. Typically requires a four-year college degree in addition to job experience in a related field. Writes letter to customer to... More

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Results for Special Loan Officer in Colorado - State Average

Commercial and Industrial Lending Officer - Denver, CO

Mutual of Omaha

Assists in the facilitation to the loan committee or approving officer, and oversees the loan documentation and closing process....

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Licensed Loan Originator - Castle Rock, CO

SCL Mortgage, LLC

We are seeking a licensed Loan Officer to work out of our office in Castle Rock. You will be responsible for communicating with the borrowers and the Loan...

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Loan Coordinator 2 - Denver, CO

Lenderlive

Maintain contact schedule with customer and Loan Officer, updating loan record on all communication. Review reporting to target loans in the pipeline that need...

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Operations Research Analyst (EHA-ACQ-DAWDF) - Peterson AFB, CO

AIR FORCE

STUDENT LOAN REPAYMENT PROGRAM (SLRP) MAY BE OFFERED FOR ELIGIBLE CANDIDATES. Personnel officer, or commander of your unit or higher headquarters and must....

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Credit Analyst - Denver, CO

COBIZ FINANCIAL INC

Assistswith special projects for Chief Credit Officer, Credit Officers and Lendingteam members as time is available and approved by manager....

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