Enjoy this expertly developed sample loan coordinator resume with complimentary cover letter strategies included. Unlike most resume samples you will find, this one is a completely editable Word document, which means you can revise this resume as needed to suit your needs while keeping the stylish format in tact.
JESSE KENDALL 123 Elm Street ▪ New Bedford, MA 02742 ▪ 508.555.5555 ▪ email@example.com LOAN COORDINATOR Highly successful in coordinating dynamic lending activities, such as institution implementation, best practices development, credit line extensions, or loan revisions. Reputation for carefully reviewing loan applications for completeness and accuracy. Proactive in corresponding with applicants, lenders, and creditors to quickly resolve application questions. Professional in preparing and delivering financial and regulatory reports. Proficient in MS Office and QuickBooks. PROFESSIONAL EXPERIENCE ABC MUTUAL BANK, New Bedford, MA ▪ 20xx -20xx SENIOR LOAN COORDINATOR (20xx-20xx): Processed and underwrote retail mortgage loans that originated in various branches throughout the country. Carefully analyzed credit reports, tax returns, financial statements, appraisal reports, esc row instructions, and title reports; reviewed all loan documentation to proactively identify and prevent fraud. Monitored and tracke d loans; kept customers/originators informed during the loan approval process. Followed up with closers to ensure that files we re complete and ready to process for funds. Trained other loan officers on company standards and best practices. Effectively directed a pipeline of over 330 files. Successfully funded up to 40 files a month, well over the company standard of 22. LOAN COORDINATOR (20xx-20xx): Advised customers on loan options. Provided customer service and loan information in response to telephone inquiries. Generated and reviewed customer credit history, income records, and employment history in advancement of mortgage loans. Structured loan offers based on evaluation of detailed personal information. Promoted the sale of each loan. Analyzed credit reports, title and appraisal examinations, and income and asset documentation. Performed analysis of lenders’ approval guidelines and programs. Provided customer service and worked closely with clients throughout the entire loan process. Conducted online document research in advancement of loans. BCD FINANCIAL, New Bedford, MA ▪ 20xx -20xx LOAN COORDINATOR (20XX-20XX): Worked closely with clients from loan origination to close. Requested credit, income, and employment histories; analyzed and evaluated personal records to develop loan products closely suited to client needs. Structured loan offers. Cultivated key relationships to effectively sell each loan. Accessed the Internet to complete comprehensive document research. Analyzed lenders’ approval guidelines and programs to ensure success throughout loan cycle. Evaluated personal documents, including income and assets. Conducted title and appraisal examinations in advancement of loans. PROFESSIONAL TRAINING ORIGINATION PRO MORTGAGE SCHOOL, New Bedford, MA Entry-Level and Advanced Loan Origination Courses, 20xx Creating a Compelling Cover Letter A powerfully written cover letter is necessary to land most interviews and ensure job search success. When an advertised position creates a pile of 100+ resumes, it becomes the responsibility of the hiring personnel to shortlist the applications. Resumes without cover letters are usually the first to go, followed by the ones with poorly written cover letters. Avoid this fate by following these effective strategies: Address your cover letter appropriately: Be sure that you get the name of the hiring manager before sending your resume, and address the letter to that individual. The proper greeting will be either “Dear Mr. (Smith),” or “Dear Ms. (Smith).” Avoid using Miss or Mrs., and do not address your letter to “Dear Sirs,” as it is considered inappropriate. If you are unsure of your contact’s gender, address them by their first and last name, as in “Dear Pat Smith,” to avoid an embarrassing mistake. If you don’t know the name of the hiring manager, simply use the greeting “Dear Hiring Manager,”– it’s clear, to the point, and gender neutral. Get to the point in your opening paragraph: One of the most common interviewing questions employers ask is “Why should I hire you among other candidates?” Provide an answer to that question right off the bat in your opening paragraph. This is a very important section because it is the first thing the employer will read. It must be powerful and make an immediate impact. Be sure sell yourself and your unique abilities. Do not use a generic opening paragraph that can apply to any Tom, Dick or Harry. Every line should sell you, so use aggressive language here and throughout the rest of your cover letter. For example, instead of writing “My background is in finance management, making me well-suited for your advertised Corporate Finance Director position.” you can write “A background in finance management and a proven record of developing effective strategies that drive revenue, growth and shareholder value make me a strong candidate for your advertised Corporate Finance Director position.” Show your interest and sell your accomplishments in the body of the letter: In this section, you need to show your interest in the job and the company. Research is a key ingredient to a successful job search. The more you are able to demonstrate your interest and knowledge about a company, the better your chances are to secure an interview. Get to know the company’s mission and new corporate initiatives, and tell them how you can help them meet their objectives or resolve their problems. Praise the company for public recognitions or recent accomplishments. The employer will surely take notice of your active interest. Use “I” and “my” sparingly. Try not to use these words more than six times in your cover letter. You need to focus on what you will bring to the company and how you will help them improve their profitability. Too much use of the word “I” will also make your letter look elementary and poorly written. For executive-level candidates and professionals with substantial achievements, a bullet point format is often the most effective and efficient way to highlight accomplishments. If you fall into this category, be sure to keep the bullet point statements unique and fresh. Do not copy and paste the exact same phrases from the resume as it will make you look lazy. All sentences and achievements transferred from the resume should be rephrased. Close your letter with a strong paragraph: In the closing paragraph, you need to address several issues. At the very least, you need to ask for the interview and provide contact information. This is also the ideal place to mention your salary requirements (if the employer insists on it), or your desire to relocate. To demonstrate your drive and interest, mention that you will call within a week to follow up. This is a great way to ensure the resume was successfully received, and it creates an opportunity to establish a dialog. However, do not mention this in your cover letter if you do not intend to follow up. In summation, an aggressive and dynamic cover letter will help you stand out among the competition. Remember that the goal is to market yourself – not to compose a dull biography.
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