Get Loan Officer Goals Worksheet

The Loan Officer Goals Worksheet is a vital tool designed to help you document and manage key objectives for your loan branch. This guide provides step-by-step instructions for completing this form online, ensuring you achieve your financial goals effectively.

Follow the steps to complete the Loan Officer Goals Worksheet online

1. Click the ‘Get Form’ button to obtain the Loan Officer Goals Worksheet and open it in your preferred online editor.
2. Determine your gross revenue goal for the next 12 months and write this figure in the area marked (a).
3. Calculate your average income per loan. This is done by taking last month's total income earned and dividing it by the number of loans closed during that month. Write this figure in the area marked (b).
4. Estimate your average loan amount by taking the total loan volume from the past 12 months and dividing it by the total number of loans closed. Write down this amount in the designated area marked (c).
5. Calculate your annual closings goal in units by dividing the figure in area (a) by the figure in area (b). Write the result in the area marked (d).
6. Calculate your annual closings goal in volume by multiplying the figure in area (c) by the figure in area (d). Record this figure in the area marked (e).
7. Determine your annual loans per loan officer in units by taking the average number of units expected per loan officer monthly and multiplying it by 12. Write this value in area marked (f).
8. Calculate your total loan officer goal by dividing the figure in area (d) by figure (f), and write down the answer in area marked (g).
9. Subtract the number of current loan officers from the total loan officer goal to find the new hire loan officer goal. Record this in the area marked (h).
10. When all sections are completed, ensure to save your changes. You can then download, print, or share the Loan Officer Goals Worksheet as needed.

Start working on your Loan Officer Goals Worksheet online today!