Loan Officer Jobs in Westminster, MD

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.

1-15 of 15 Jobs

Retail Mortgage Loan Originator

  • Columbia, MD (24 miles from Westminster, MD)
  • 1 day ago
  • Columbia, MD (24 miles from Westminster, MD)
  • 1 day ago

Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....

Loan Advisor

  • Columbia, MD (24 miles from Westminster, MD)
  • 7 days ago
  • Columbia, MD (24 miles from Westminster, MD)
  • 7 days ago

Clearly communicates the loan program terms and benefits available to the customer as well as the loan process....

Consumer Loan Specialist

  • Westminster, MD
  • 10 days ago
  • Westminster, MD
  • 10 days ago

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...

Mortgage Loan Officer (MLO)

  • Hanover, PA (16 miles from Westminster, MD)
  • 14 days ago
  • Hanover, PA (16 miles from Westminster, MD)
  • 14 days ago

As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Maryland, Delaware or Pennsylvania. This position is primarily based in a PNC location....

CA-WA Private Mortgage Banker (SAFE)

  • Columbia, MD (24 miles from Westminster, MD)
  • 22 days ago
  • Columbia, MD (24 miles from Westminster, MD)
  • 22 days ago

Individuals in Loan Originator (LO) positions must meet the Consumer Financial Protection Bureau qualification requirements and comply with related Wells Fargo policies....

Consumer Loan Sales Specialist

  • Catonsville, MD (23 miles from Westminster, MD)
  • 30+ days ago
  • Catonsville, MD (23 miles from Westminster, MD)
  • 30+ days ago

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

Mortgage Originator

  • Frederick, MD (19 miles from Westminster, MD)
  • 30+ days ago
  • Frederick, MD (19 miles from Westminster, MD)
  • 30+ days ago

Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....

Financial Services Representative I

  • Lutherville, MD (20 miles from Westminster, MD)
  • 30+ days ago
  • Lutherville, MD (20 miles from Westminster, MD)
  • 30+ days ago

In-depth understanding of our loan products to actively refer members to lending. Provides support for death claims. Assists with monitoring pending work folder and daily calendar....

Mortgage Loan Officer

  • Frederick, MD (19 miles from Westminster, MD)
  • 45+ days ago
  • Frederick, MD (19 miles from Westminster, MD)
  • 45+ days ago

Insight Global is hiring a Loan Officer for one of our top Mortgage Lending clients....

Patient Financial Services Representative - Part-time - (2 Days each week, M-F, 8a - 4:30p - Schedule TBD)

  • Frederick, MD (19 miles from Westminster, MD)
  • 45+ days ago
  • Frederick, MD (19 miles from Westminster, MD)
  • 45+ days ago

Job Summary Supports, and is responsible for incorporating into job performance, the Frederick Health (FH) mission, vision, core values and customer service philosophy and adheres to the FH...

Life Services Financial Services Representative - Hunt Valley, MD

  • Hunt Valley, MD (17 miles from Westminster, MD)
  • 60+ days ago
  • Hunt Valley, MD (17 miles from Westminster, MD)
  • 60+ days ago

Job Description: Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run...

Commercial Loan Officer

  • Westminster, MD
  • 60+ days ago
  • Westminster, MD
  • 60+ days ago

Are you an experienced commercial lender who wants to join a team of professional loan officers making a difference in your local community and enjoying a rewarding and enjoyable career opportunity?...

Life Services Financial Services Representative - Hunt Valley

  • Cockeysville, MD (17 miles from Westminster, MD)
  • 60+ days ago
  • Cockeysville, MD (17 miles from Westminster, MD)
  • 60+ days ago

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for...

Retail Mortgage Loan Originator

  • Frederick, MD (19 miles from Westminster, MD)
  • 90+ days ago
  • Frederick, MD (19 miles from Westminster, MD)
  • 90+ days ago

Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. 3. Previous sales awards and leadership positions....

Mortgage Advisor

  • Columbia, MD (24 miles from Westminster, MD)
  • 90+ days ago
  • Columbia, MD (24 miles from Westminster, MD)
  • 90+ days ago

Accept, prepare, and complete loan applications for submission to the loan processing and underwriting departments....

Demographic Data for Westminster, MD

Moving to Westminster, MD? Find some basic demographic data about Westminster, MD below.


Local
National
59,501
1,566
Medium

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
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Title Synonyms

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Salary for Loan Officer Jobs in Westminster, MD

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 Westminster, MD 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 Westminster, MD
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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