Loan Officer Jobs in Arlington Heights, IL
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.
- Chicago, IL (21 miles from Arlington Heights, IL)
- 11 hours ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 11 hours ago
The Operations Department is an integral part of any secured lending organization; it not only acts as the support staff to the Credit Department, but also acts in a customer service capacity as representatives...
- South Elgin, IL (18 miles from Arlington Heights, IL)
- 13 hours ago
- South Elgin, IL (18 miles from Arlington Heights, IL)
- 13 hours ago
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...
Senior Associate, Construction Loan Administrator
- Chicago, IL (21 miles from Arlington Heights, IL)
- 16 hours ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 16 hours ago
Primary Responsibilities Review loan, underwriting, and construction documents prior to loan closing for consistency with established construction lending best practices....
- Highland Park, IL (10 miles from Arlington Heights, IL)
- 1 day ago
- Highland Park, IL (10 miles from Arlington Heights, IL)
- 1 day ago
To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market....
Financial Services Representative - LaSalle
- Chicago, IL (21 miles from Arlington Heights, IL)
- 1 day ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 1 day ago
We're building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing what's right for our clients. At CIBC, we embrace your...
- Chicago, IL (21 miles from Arlington Heights, IL)
- 1 day ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 1 day ago
Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....
- Chicago, IL (21 miles from Arlington Heights, IL)
- 2 days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 2 days ago
Minimum ten years of experience in multifamily and commercial real estate permanent lending with a proven track record of loan production....
Loan Review Officer II - Commercial/CRE
- Chicago, IL (21 miles from Arlington Heights, IL)
- 2 days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 2 days ago
Required 7-10 years Loan Review, Commercial Lending, Credit Administration or Regulatory Examination....
- Schaumburg, IL (7 miles from Arlington Heights, IL)
- 2 days ago
- Schaumburg, IL (7 miles from Arlington Heights, IL)
- 2 days ago
Requirements: Licensed Loan Officer: Hold an active and valid state license as a Loan Officer....
- Chicago, IL (21 miles from Arlington Heights, IL)
- 2 days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 2 days ago
To facilitate the CCB's wholesale lending activities, Commercial Lending Management (CLM) serves as an in-business credit function organized around our strategic industries and global target market...
- Cicero, IL (22 miles from Arlington Heights, IL)
- 3 days ago
- Cicero, IL (22 miles from Arlington Heights, IL)
- 3 days ago
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
- Chicago, IL (21 miles from Arlington Heights, IL)
- 5 days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 5 days ago
Commercial Lending Account Manager Location: Chicago, IL 60603 Pay Range: $30/hr. - $32/hr....
- Chicago, IL (21 miles from Arlington Heights, IL)
- 5 days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 5 days ago
Recent college graduates with relevant internships or exposure to commercial lending are encouraged to apply....
Consumer Loan Sales Specialist
- Schaumburg, IL (7 miles from Arlington Heights, IL)
- 8 days ago
- Schaumburg, IL (7 miles from Arlington Heights, IL)
- 8 days ago
Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are...
- Chicago, IL (21 miles from Arlington Heights, IL)
- 9 days ago
- Chicago, IL (21 miles from Arlington Heights, IL)
- 9 days ago
Job Description: Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible...
Demographic Data for Arlington Heights, IL
Moving to Arlington Heights, IL? Find some basic demographic data about Arlington Heights, IL below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Arlington Heights, IL
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Arlington Heights, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Jumbo Loans
- Federal Housing Administration
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- VA Loans
- Private Banking
- Loan Processing
- OFAC
- Cross Selling
- Credit Underwriting
- Mortgage Processing
- Encompass
- Credit Analysis
- USDA
- Wealth Management
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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