loan officer

Definition

A person who helps borrowers acquire loans, such as mortgages, from banks or other lending institutions. Loan officers often work directly for the bank or lending institution, and can assist in determining the creditworthiness of the borrower.

Use loan officer in a sentence

The loan officer was very kind and he was a great pleasure to work with and do business with for a few weeks.

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The loan officer educated the customer extensively as he provided all of the details of the loan the customer was interested in.

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When people struggle to get a loan, they often turn to a loan officer who provides personal assessments of people that otherwise might be overlooked by big institutions.

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