Loan Officer Jobs in Maine
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.
The ideal candidate will have experience in the essential functions of the position, which include, assisting in the processing of loan originations and loan closings and to perform other lending related...
Our Candidate Must Have: High school diploma or equivalent required At least 5 years experience in loan servicing Knowledge of State and Federal laws pertaining to banking and lending Ability to analyze...
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 WorkFUNCTION: Working under the directives and goals set forth by the Regional Mortgage Development Manager, each MLO is responsible for the production of mortgage originations within assigned...
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Where applicable, utilize automated decision-making functions within the loan origination system to assess risk and decision loan requests....
Join our team as a Mortgage Loan Officer, where you’ll play a key role in guiding customers through the lending process with expertise and care....
Moderate reaching, walking, sitting and standing required RELEVANT TECHNOLOGIES: Microsoft Office products: Word, Outlook, PowerPoint, and Excel LaserPro Lending Cloud Jack Henry External and internal...
at Bar Harbor Bank & Trust in Ellsworth, Maine, United States Job Description Description Quality Assurance serves as a key control function for many areas of the Bank assuring proper...
Knowledge of lending regulations, compliance and/or secondary market eligible loans is a plus....
Two (2) years mortgage or lending experience preferred....
Demographic Data for Maine
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Title Synonyms
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Salary for Loan Officer Jobs in Maine
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Maine 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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