Loan Assistant Salaries
| Job Title | Salary |
|---|---|
| MJHS Loan Assistant salaries – 4 salaries reported | $102,353/yr |
| Bank Of Hope Loan Assistant salaries – 4 salaries reported | $36,864/yr |
| Centennial Bank Loan Assistant salaries – 4 salaries reported | $43,169/yr |
| First United Bank & Trust Loan Assistant salaries – 4 salaries reported | $19/hr |
What is a mortgage loan assistant?
As a mortgage assistant, your primary responsibilities are to review loan applications and prepare letters of credit for clients. You are an assistant loan officer, so work with your supervising loan officer and serve as administrative support.
How do I become a loan assistant?
To become a loan officer assistant, you will need to have at least a high school diploma or GED certificate. An associate degree in finance may help you stand out in your job search, but it is unnecessary. Your employer should provide adequate on-the-job training to help you fulfill your duties.
Do loan assistants get commission?
Loan officers are the main point of contact for borrowers throughout the mortgage application process at almost every mortgage lender. That’s an important job, right? In return for this service, the typical loan officer is paid 1% of the loan amount in commission.
What do loan assistants do?
What Do Loan Assistants Do? Complete due diligence and basic paperwork on loan applications, contracts and renewals. Return phone calls and answer questions, including about the status of loans. Facilitate contract signings and closings, complying with all applicable laws.
What is the role of loan assistant?
He/she is responsible for ensuring accurate and timely servicing and related customer support activities for the Bank’s loan portfolio, which includes developing and implementing best practices in loan servicing related policies, procedures, and business processes; complying with all related State and Federal lending …
Is a loan officer assistant a good career?
Based on 89 responses, the job of Assistant Loan Officer has received a job satisfaction rating of 3.94 out of 5. On average, Assistant Loan Officers are highly satisfied with their job.
