Loan Officer
/ˈloʊn ˈɒfɪsər/
Definitions
- (n.) A person authorized to evaluate, approve, or recommend approval of loan applications, typically within financial institutions, ensuring compliance with lending regulations.
The loan officer reviewed the applicant's credit history before approving the mortgage.
Forms
- loan officer
- loan officers
Related terms
See also
Commentary
Loan officers must balance risk management and regulatory compliance when assessing borrower eligibility.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.