Loan Officer Jobs
A Loan Officer plays a pivotal role in the banking industry, as they are primarily responsible for evaluating, authorizing, and recommending approval of loan applications for individuals and businesses. They mostly serve as intermediaries between lending institutions and borrowers. They review loan applications to determine the borrower's ability to repay the loan, assess and mitigate potential risks, and guide clients through the application process until the loan is approved and disbursed. Therefore, they assist the banking industry in maintaining a solid client base and promoting financial products and services.
Loan Officers must possess a blend of analytical and interpersonal skills. The ability to analyze financial data to assess the likelihood of a borrower repaying their loan is critical. Additionally, strong communication and customer service skills are needed to explain complex information to clients and build strong relationships. Relevant certification, such as the Mortgage Loan Officer (MLO) license, is often required. Prior roles that may pave the way for a career as a Loan Officer include roles such as Loan Processor, Financial Analyst, or Credit Analyst. These roles provide the necessary experience and understanding of financial products, lending procedures, and risk assessment necessary for a Loan Officer's role.
Bilingual Financial Services Representative
- Albuquerque, NM
- 18 hours ago
- Albuquerque, NM
- 18 hours ago
Candidate must be fluent in English and Mandarin/Cantonese Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large...
Origination System, CRM, credit vendor system, and other required software and systems across the entire end-to-end mortgage process Communicate constantly with prospects, loan applicants, and 3rd...
Remote Work- The Funding Group
- Parsippany, NJ
- 4 days ago
- The Funding Group
- Parsippany, NJ
- 4 days ago
Experience in mortgage collections, servicing and customer service. Familiar with loss mititgation process and mortgage documentation. Collaborate with internal teams to resolve borrower concerns...
- Golden Bank, N.A.
- Houston, TX
- 13 days ago
- Golden Bank, N.A.
- Houston, TX
- 13 days ago
Process internal/external customer research transaction requests for all loan servicing transaction types, with the ability to communicate with the Lenders, Loan Operations Management and all other...
The Role: We’re looking for a self-starter and motivated Loan Officer to join our team in Farmington, Missouri!...
The ideal candidate will have experience in the essential functions of the position, which include, assisting in the processing of loan originations and loan closings and to perform other lending related...
Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...
Remote WorkAgricultural Loan Officer Agriculture loan officers, or agricultural lenders, work to help farmers and rural citizens obtain funds needed to fund their operations, purchase property, and more....
Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...
Remote WorkDevelopment Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...
Remote WorkSr. Consumer Loan Specialist - Sales Customer Service
- West Allis, WI
- 1 hour ago
- West Allis, WI
- 1 hour ago
Assists potential borrowers by explaining the loan process, answering questions regarding loan products and loan processing....
Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...
Remote WorkDevelopment Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...
Remote Workprocess....
Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market...
Loan Officer Online Courses and Training Opportunities
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Salary for Loan Officer Jobs Nationwide
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Reimbursement
- Retail Banking
- Federal National Morgage Association
- Mortgage Lending
- Jumbo Loans
- Consumer Lending
- Loan Documentation
- Lending
- Loan Origination
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Fannie Mae
- Loan Review
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- Federal Housing Administration
- Loan Processing
- VA Loans
- OFAC
- Credit Underwriting
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- USDA
- Financial Services
- Encompass
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Referrals
- Customer Satisfaction
- Closing
- Finance
- Collections
- Business Development
- Listening
- Accounting
- Customer Relations
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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