Loan Officer Jobs in Mishawaka, 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.

1-9 of 9 Jobs

Mortgage Loan Originator

  • Elkhart, IN (10 miles from Mishawaka, IN)
  • 2 days ago
  • Elkhart, IN (10 miles from Mishawaka, IN)
  • 2 days ago

Basic knowledge of agency guidelines and industry standards as they relate to retail mortgage lending, conventional, lot, construction and FHA/VA/USDA loan programs....

Small Business Lending Consultant

  • South Bend, IN (6 miles from Mishawaka, IN)
  • 5 days ago
  • South Bend, IN (6 miles from Mishawaka, IN)
  • 5 days ago

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 Work

Mortgage Loan Originator

  • South Bend, IN (6 miles from Mishawaka, IN)
  • 10 days ago
  • South Bend, IN (6 miles from Mishawaka, IN)
  • 10 days ago

The Mortgage Loan Officer will assist members to understand their goals and recommend mortgage loan products that best meet their needs and financial goals....

Loan Sales Specialist

  • South Bend, IN (6 miles from Mishawaka, IN)
  • 30+ days ago
  • South Bend, IN (6 miles from Mishawaka, 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?...

Mortgage Loan Originator

  • Mishawaka, IN
  • 30+ days ago
  • Mishawaka, IN
  • 30+ days ago

Mortgage Loan Originator LOCATION -- Crown Point, Indiana 46307 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity...

Financial Services Representative

  • Mishawaka, IN
  • 45+ days ago
  • Mishawaka, IN
  • 45+ days ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Consumer Loan Specialist

  • Mishawaka, IN
  • 45+ days ago
  • Mishawaka, IN
  • 45+ days ago

The Consumer Loan Specialist assists both new and existing customers in the lending process. This position is a terrific opportunity to start your career and learn about consumer finance!...

Consumer Loan Sales Specialist

  • South Bend, IN (6 miles from Mishawaka, IN)
  • 60+ days ago
  • South Bend, IN (6 miles from Mishawaka, IN)
  • 60+ days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Loan Services Specialist I, Construction Equipment Operations, South Bend, IN

  • South Bend, IN (6 miles from Mishawaka, IN)
  • 90+ days ago
  • South Bend, IN (6 miles from Mishawaka, IN)
  • 90+ days ago

Responsible for preparing business loan documentation, ensuring the bank has collateral perfection, and performing post-closing loan servicing to adhere to the credit approval and the bank's...

Demographic Data for Mishawaka, IN

Moving to Mishawaka, IN? Find some basic demographic data about Mishawaka, IN below.


Local
National
57,883
1,668
Medium

Loan Officer Online Courses and Training Opportunities

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Title Synonyms

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Salary for Loan Officer Jobs in Mishawaka, IN

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Officer positions.



Highest Education Level

Loan Officers in Mishawaka, IN offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.8%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.7%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Mishawaka, IN
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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