1. Gathers and analyzes credit data and financial statements of prospective client to establish the degree of credit worthiness, character, and capacity to pay.
2. Confers with credit association, banks and other business representatives to verify client’s financial and credit transactions.
3. Conducts ocular inspection of collateral to evaluate its condition, and to identify special features and improvements in the collateral.
4. Evaluates location and neighborhood where collateral is situated.
5. Checks Fair Market Value of collateral, sales information, zoning by-laws and/or building codes in order to determine any effects on the appraised properties and to establish its value.
6. Computes final estimation of chattel, agricultural, residential and commercial property values, considering depreciation, zonal valuation, value comparisons of similar properties, and income potential.
7. Conducts appraisal of QCL-Jewelry collateral.
8. Seals the jewelry in the collateral envelope in the absence of the Loans Processor.
9. Performs credit investigation as to the existence and exact location of client’s residence; confirms sources of income; and gathers feedback on client’s standing in the community.
10. Prepares Credit Investigation and Appraisal Reports, with estimated property value and the degree of risk involved in extending credit.
11. Processes annotation of mortgage at the Registry of Deeds.
12. Ensures efficient and effective collection activities.
13. Visits clients to follow-up payments, inquire reasons for delayed payments, and secures commitment to pay within specified date.
14. Delivers lawyers letter and demand notice for Past Due accounts.
15. Secures equipment and tools used in the appraisal of collateral.
16. Conducts re-appraisal of Acquired Assets.
17. Maintains confidentiality of passwords.
18. Performs other related tasks as may be assigned.
|
Posts
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.