Loan Officer Jobs in Bloomington, IN
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.
Agricultural 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 WorkMinimum two years banking experience with an emphasis on mortgage lending. Familiarity with mortgage loan documents and mortgage loan processing....
Mortgage Loan Servicing Specialist
- Columbus, IN (23 miles from Bloomington, IN)
- 17 days ago
- Columbus, IN (23 miles from Bloomington, IN)
- 17 days ago
Mortgage Loan Servicing Specialist 3.6 3.6 out of 5 stars 1430 N National Rd, Columbus, IN 47201 Thank you for your interest in a career with Centra. A career at Centra Credit Union is more than a...
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Senior Private Banking Officer
- Columbus, IN (23 miles from Bloomington, IN)
- 30+ days ago
- Columbus, IN (23 miles from Bloomington, IN)
- 30+ days ago
This includes all Bank Secrecy Act, Anti-Money Laundering, OFAC and Suspicious Activity reporting requirements, as well as all other lending and deposit compliance requirements....
Job Title: Mortgage Loan Originator Summary of Duties and Responsibilities: We are looking for a sales-oriented mortgage professional to provide outstanding customer service in our mortgage lending...
Represents the organization for select moderately complex commercial accounts including some multi-lender relationships....
Job Profile Summary As a First Financial Bank (FFB) Mortgage Loan Originator, you will originate mortgage loans sourced through your established referral partners, our retail banking branches, internal...
Demographic Data for Bloomington, IN
Moving to Bloomington, IN? Find some basic demographic data about Bloomington, IN below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Bloomington, IN
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Bloomington, IN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- VA Loans
- Private Banking
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Customer Relations
- Accounting
- Listening
- High School Diploma
- Retail
- Written Communication
- Verbal Communication
- Telephone Skills
- Negotiation
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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