Loan Officer Jobs in Kentucky
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.
in compliance with lending requirements and in coordination with Rural 1st Loan Associates....
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Proficient in SBA lending and preferred to have proficiency in USDA B&I lending. Must have the ability to interpret financial situations and problem solve as needed....
Executive Assistant to the Chief Lending Officer
- Louisville, KY
- 7 days ago
- Louisville, KY
- 7 days ago
In addition, this position provides clerical and administrative support for all functional areas rolling up under the Chief Lending Officer....
Orders third party inspection reports; balances borrowers construction loan budget against lender records and borrowers time frame....
It is the responsibility of the Mortgage Loan Officer to be able to handle all functions of originating a loan....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Summary Reporting to the Branch Manager, this full-time, non-exempt hourly position works to develop deeper relationships with new and existing members of the credit union. This position will...
Minimum of two years residential mortgage lending experience. A four-year college degree is preferred....
Home Lending Specialist LOCATION -- Cincinnati, Ohio 45227 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity...
Position: Consumer Loan Specialist Hours of Work: Saturday hours required seasonally and as business needs require. Full-Time, Non-Exempt To the extent permitted by law, the Company may, in its...
SUMMARY: Provides service to customers and potential customers seeking various types of retail or mortgage loans. JOB RESPONSIBILITIES Handle loans from application and approval to closing and...
Reverse Mortgage Originator Development Program
- Independence, KY
- 14 days ago
- Independence, KY
- 14 days ago
originators to apply....
Additionally, this position will also support the commercial loan processing, funding and post-closing tasks for the Market by working with centralized Commercial Processing within the organization....
process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...
Demographic Data for Kentucky
Moving to Kentucky? Find some basic demographic data about Kentucky below.
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Title Synonyms
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Salary for Loan Officer Jobs in Kentucky
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Kentucky 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
- Customer Relations
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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