См. также: credentials, creditworthy borrower, create a lot of problems, create conditions
DEFINITION of 'Loan Officer' Loan Officer. Representatives of banks, credit unions and other financial institutions that find and assist borrowers in acquiring loans. Some specialized loan officers, called loan underwriters, analyze and assess the creditworthiness of potential borrowers to see if they qualify for a loan. Loan officers usually work on either consumer or mortgage loans. (Investopedia)
Lenders may also use the Fair Isaac Corporation(FICO) score in the borrower's credit report to determine creditworthiness and help make a lending decision. (Investopedia)
• creditworthiness
