Loan officer Interview Questions

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Transit Employees Federal Credit Union
Loan Officer was asked...1 August 2012

CEO stated that all employees get the "TEFCU spill" and was required to adhere to it. Which is the vision of the credit union and employees need to do their part to bring the vision to fruition. There is a false preception that it is a family oriented company however employees are required to work late hours (10 hours daily) Monday - Friday and 4 hours on Saturday and there is no excuse not to.

4 Answers

I have family obligations, but I will be a team player and do my part on special promotions/projects. Less

You are correct. Working for TEFCU means you will work 10 hours a day minimum. The CEO does not like it when people ask for work/life balance. Less

TEFCU is definitely NOT family oriented. If you call out sick because your child is sick, they ask for proof and medical records. Less

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Republic Bank (PA)

Would you consider working at Republic Bank?

3 Answers

No, absolutely not!

No.

No, absolutely not!

Wells Fargo

What would your first 30 days look like for you in this position?

3 Answers

I would like to understand the details of project and flow of project.

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Be ready to cover the marketing activities you would need to complete on a daily/weekly basis to generate loan volume. Less

Banco De Oro

what is your expected salary?

2 Answers

As much as possible, don't give a numbers.

What happen after? Did they gave you the possible requirements?

Goldman Sachs

What do you bring to the table and how would it be an asset to our team?

2 Answers

I bring flexibility, patience, professionalism and an eye for detail. I am very good at learning things quickly and implementing them successfully to any problems that may arise. Less

Chrisma, along with the abillity to look for opertunitys to improve the working invironment, I am a team player that seeks out qualitys in those around me and uses those qualitys to achieve greater success in the team I'm working with Less

Navy Federal Credit Union

Why do you want to work in this department

2 Answers

Did they contact you to let you know you didn’t get the job?

I told them that I wanted to work for Navy Federal first and foremost, but that I was very interested in the mortgage industry Less

Wells Fargo

Why do you want to work for Wells Fargo

2 Answers

Yes they did. You will be required to give thme units and amount funded. A recent pay stub and last year's W2 Less

Did a recruiter or managers ask about production volume, documented transactions of funded loans? Less

Land Bank of the Philippines

What are my achievements in college?

1 Answers

I mentioned that I was a student leader and I can be a team player

Bank of America

Why do you want to work for Bank of America

2 Answers

I was interested in working for a bank that is moving forward.

Good experience

Mr. Cooper

Strengths and Weaknesses? If you have any experience in lending/mortgages

2 Answers

Yes

I have an experience in lending and mortgages

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