How do tellers support the loan process?

Tellers play a crucial role in the loan process by assisting with documentation and providing guidance to customers. They are often the first point of contact for customers seeking loans, and their responsibilities include helping to explain the loan products available and gathering necessary information to complete the application process.

By assisting in the documentation, tellers ensure that customers submit all required paperwork, which is vital for the proper evaluation of the loan application. Additionally, their guidance helps customers understand the terms and conditions of the loans, as well as the information needed to proceed effectively. This support helps streamline the loan process and enhances customer satisfaction, as tellers can answer questions and clarify any uncertainties customers may have.

In contrast, other options imply functions that do not typically fall under the teller's responsibilities. Tellers do not have the authority to deny or approve loans; that is the role of underwriters or loan officers, who evaluate risk and make lending decisions. Additionally, handling all legal aspects of loans involves tasks that are beyond the teller's scope, as these typically require specialized legal knowledge.