Loan Officer Jobs in Frankfort, 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.
- Kokomo, IN (20 miles from Frankfort, IN)
- 23 days ago
- Kokomo, IN (20 miles from Frankfort, IN)
- 23 days ago
Agricultural Loan Officer I have a client looking for an AG Loan Officer that is offering a competetive salary and bonus incentive....
Financial Services Representative
- Lafayette, IN (23 miles from Frankfort, IN)
- 30+ days ago
- Lafayette, IN (23 miles from Frankfort, IN)
- 30+ days ago
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Commercial Loan Officer Angott Search Group - Frankfort, IN, United States Tagged: Credit Union Angott Search Group is proud to partner with a $2 billion Indiana-based credit union seeking a dynamic...
- Lafayette, IN (23 miles from Frankfort, IN)
- 30+ days ago
- Lafayette, IN (23 miles from Frankfort, IN)
- 30+ days ago
Full Time and Part Time Level: Entry to Mid-Level Travel: Minimal Success Profile What makes a successful Consumer Lending Specialist at OneMain?...
Consumer Loan Sales Specialist
- Lafayette, IN (23 miles from Frankfort, IN)
- 60+ days ago
- Lafayette, IN (23 miles from Frankfort, IN)
- 60+ days ago
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
- Lafayette, IN (23 miles from Frankfort, IN)
- 90+ days ago
- Lafayette, IN (23 miles from Frankfort, IN)
- 90+ days ago
Mortgage Loan Originator LOCATION -- Lafayette, Indiana 47905 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity...
Demographic Data for Frankfort, IN
Moving to Frankfort, IN? Find some basic demographic data about Frankfort, IN below.
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Title Synonyms
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Salary for Loan Officer Jobs in Frankfort, IN
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Frankfort, IN 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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