Loan Officer Jobs in Arkansas
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.
GENERAL DESCRIPTION OF POSITION The Mortgage Loan Originator solicits residential first mortgages through contacts with Realtors, builders, and developers....
Support communication through the loan process between operations staff and the borrower. Provide all applicable initial documents and disclosures to the loan processor. Other duties as assigned....
GENERAL DESCRIPTION OF POSITION The Commercial Loan Officer II is responsible for extending credit within the policies and guidelines set forth in the loan policy....
in compliance with lending requirements and in coordination with Rural 1st Loan Associates....
There are very few career options that are as lucrative as a mortgage loan officer....
Originating experience Ability to maintain flexible work schedule, including evening and weekend work Valid driver's license and dependable transportation NMLS License required, or willing to obtain...
Mortgage Loan Originator Assistant (MORTG012733
- Fayetteville, AR
- 8 days ago
- Fayetteville, AR
- 8 days ago
Centennial Bank Mortgage Loan Originator Assistant (MORTG012733 in Fayettville , Arkansas This job was posted by : For more information, please see: The Mortgage Loan Originator (MLO) Assistant answers...
Purpose: Loan Officers serve as a main contact point for Borrower and Retail Operations with the loan origination process....
Obtain conditions/documents from clients (or other sources) for loan processing/approval. This duty is performed daily, about 10% of the time. 9....
The Mortgage Lender should maximize revenue generation by utilizing all cross-selling opportunities....
The Business Loan Officer is responsible for developing new business, underwriting, structuring, and closing of commercial real estate loans, as well as maintaining and servicing an existing portfolio...
The Business Loan Officer is responsible for developing new business, underwriting, structuring, and closing of commercial real estate loans, as well as maintaining and servicing an existing portfolio...
Job Description: At Regions, the Mortgage Loan Officer directs origination of residential mortgage loans from a borrower through a branch network....
Mortgage Loan Officer/Branch Manager - Arkansas Mortgage/Lending , Arkansas Direct Hire Feb 14, 2025 Loan Officer/Branch Manager Location: Remote (Local to Arkansas) Compensation: Commission Based Are...
Mortgage Loan Originator I cultivates mortgage loans and other business for the bank through relationship development with realtors, builders, title companies and others within the community....
Demographic Data for Arkansas
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Salary for Loan Officer Jobs in Arkansas
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Arkansas 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
- OFAC
- Cross Selling
- Credit Underwriting
- Mortgage Processing
- Wealth Management
- Loan Servicing
- Credit Analysis
- 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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