Loan Officer Jobs in District of Columbia
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.
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 Workprocess....
Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....
Maintains up-to-date knowledge on all Bank lending policies and regulations....
The ideal candidate has experience representing lenders and borrowers on commercial lending transactions, specifically including real estate, construction, corporate, and asset-based loan transactions...
Mortgage Lending Officer SAFE Act, DC (Hybrid)
- Washington, DC
- 16 days ago
- Washington, DC
- 16 days ago
Knowledge of the laws and regulations that govern consumer lending, including fair lending, privacy, and RESPA....
Encompass User Profile: Loan Officer...
Must also meet one of the following 3 options: Actively funding more than 2 loans/month, or Xinnix Training completion for Loan Origination required, or Origination mentor assigned to new Loan Officer...
Insight Global is seeking a Residential Loan Officer, Bilingual in Spanish and English, for one of our commercial banking clients....
We pride ourselves on the superior level of service that our status as a mortgage lender enables us to provide. Since 2001, we have been recognized as a top-choice residential lender in the St....
As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Greater Washington. This position is primarily based in a PNC location....
As an Executive Loan Officer, youll be the face of Rocket Mortgage to clients in your local community....
Remote WorkExecutive Loan Officer (DC, Maryland, Virginia)
- Washington, DC
- 60+ days ago
- Washington, DC
- 60+ days ago
As an Executive Loan Officer, youll be the face of Rocket Mortgage to clients in your local community....
Remote WorkAs an Executive Loan Officer, youll be the face of Rocket Mortgage to clients in your local community....
Remote WorkMortgage Specialist (Loan Officer/Originator)
- Washington, DC
- 90+ days ago
- Washington, DC
- 90+ days ago
As a Mortgage Loan Officer, do you need faster turn times, on-time closings and a more supportive atmosphere? Are you a Mortgage Loan Officer who works with integrity and honesty?...
Demographic Data for District of Columbia
Moving to District of Columbia? Find some basic demographic data about District of Columbia below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in District of Columbia
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in District of Columbia 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
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Multitasking
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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