Loan Officer Jobs in Hallowell, ME
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.
Syndication Loan Specialist III (Middle Market Bought Loans)
- Lewiston, ME (21 miles from Hallowell, ME)
- 15 hours ago
- Lewiston, ME (21 miles from Hallowell, ME)
- 15 hours ago
Depth & Scope: + Manages a loan pipeline from origination through to closing in accordance with Bank policies and procedures + Provides documentation and Bank policy and procedure guidance to all lending...
- Auburn, ME (24 miles from Hallowell, ME)
- 12 days ago
- Auburn, ME (24 miles from Hallowell, ME)
- 12 days 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...
Community Lending Mortgage Banker
- Augusta, ME (7 miles from Hallowell, ME)
- 15 days ago
- Augusta, ME (7 miles from Hallowell, ME)
- 15 days ago
Community Loan Officer duties include outside sales activities to cultivate new business and expand CNBs client relationships through the sale of mortgage loan products and services, uses consultative...
Residential Loan Officer Associate Senior
- Augusta, ME (7 miles from Hallowell, ME)
- 16 days ago
- Augusta, ME (7 miles from Hallowell, ME)
- 16 days ago
Diploma Minimum 2 years residential loan originations or processing experience in a mortgage banking company. Minimum 2 years of experience with state and federal lending regulations (e.g....
Where applicable, utilize automated decision-making functions within the loan origination system to assess risk and decision loan requests....
Residential Lending Loan Officer Senior
- Augusta, ME (7 miles from Hallowell, ME)
- 27 days ago
- Augusta, ME (7 miles from Hallowell, ME)
- 27 days ago
Diploma Minimum of 2 years mortgage lending experience in sales and loan originations Minimum of 5 years of business development/direct sales experience required Minimum of 2 years private banking experience...
Demographic Data for Hallowell, ME
Moving to Hallowell, ME? Find some basic demographic data about Hallowell, ME below.
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Title Synonyms
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Salary for Loan Officer Jobs in Hallowell, ME
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Hallowell, ME 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
- Consumer Lending
- Loan Origination
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Federal Housing Administration
- Jumbo Loans
- 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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