Definition of «loan administrator»

A loan administrator is an individual who oversees and manages various aspects of a loan portfolio. This may include tasks such as underwriting, processing, servicing, collecting payments, and resolving any issues that arise during the life of the loan. The role typically involves working closely with borrowers to ensure they understand their repayment terms and have access to resources for assistance if needed. A loan administrator must be knowledgeable about lending practices and regulations in order to effectively manage a portfolio, and may work in various industries such as banking, finance or real estate.

Sentences with «loan administrator»

  • Loan Administrator Resume Objective 2: I want to sincerely serve my organization keeping in account of its high standard of services and products. (sampleresumeobjectives.org)
  • Job Objective Construction Loan Administrator with excellent skills and the ability to work independently or as a team member seeking position with well established organization. (greatsampleresume.com)
  • Because the homeowners only owes the original amount to the bank, the «extra» amount is paid as cash at closing, or, in the case of a debt consolidation refinance, directed to creditors such as credit card companies and student loan administrators. (themortgagereports.com)
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