Loan Officer Jobs in Andover, MA
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.
- Ayer, MA (21 miles from Andover, MA)
- 2 hours ago
- Ayer, MA (21 miles from Andover, MA)
- 2 hours ago
Reporting to the Assistant Manager of Loan Servicing, the LoanServicing Specialist II handles clerical and administrative tasks forCommercial, Residential, and Consumer loans in line with bank...
- Boston, MA (20 miles from Andover, MA)
- 5 hours ago
- Boston, MA (20 miles from Andover, MA)
- 5 hours ago
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 our company and...
- Waltham, MA (18 miles from Andover, MA)
- 2 days ago
- Waltham, MA (18 miles from Andover, MA)
- 2 days ago
Equal Housing Lender....
- Boston, MA (20 miles from Andover, MA)
- 2 days ago
- Boston, MA (20 miles from Andover, MA)
- 2 days ago
Update Loan Originators on the status of all pending and approved loans on an as needed basis. Contact Loan Officers and Borrowers with loan approvals and conditions....
Credit Officer, Assistant Vice President Corporate
- Boston, MA (20 miles from Andover, MA)
- 4 days ago
- Boston, MA (20 miles from Andover, MA)
- 4 days ago
Qualifications 3-5 years financial services background (6+ overall relevant experience) Strong preference for experience in Leveraged Loan markets, transactions; may include commercial lending/bank...
Community Lending Mortgage Banker
- Salem, MA (16 miles from Andover, MA)
- 10 days ago
- Salem, MA (16 miles from Andover, MA)
- 10 days ago
Community Loan Officer duties include outside sales activities to cultivate new business and expand CNB's client relationships through the sale of mortgage loan products and services, uses consultative...
Senior Commercial Loan Servicing Specialist
- Waltham, MA (18 miles from Andover, MA)
- 10 days ago
- Waltham, MA (18 miles from Andover, MA)
- 10 days ago
Equal Housing Lender....
- Waltham, MA (18 miles from Andover, MA)
- 10 days ago
- Waltham, MA (18 miles from Andover, MA)
- 10 days ago
POSITION: Mortgage Loan Officer Summary: At Cambridge Savings Bank, our purpose is to have a positive impact on our customers, employees, and community's financial well-being....
- Waltham, MA (18 miles from Andover, MA)
- 10 days ago
- Waltham, MA (18 miles from Andover, MA)
- 10 days ago
Equal Housing Lender....
Commercial Real Estate Loan Officer
- Cambridge, MA (18 miles from Andover, MA)
- 10 days ago
- Cambridge, MA (18 miles from Andover, MA)
- 10 days ago
Additionally, the CRE Loan Officer will ensure that all credit standards of the Bank are met....
Leasing Credit Sr Officer/Leasing Credit Officer II-Large Corporates
- Boston, MA (20 miles from Andover, MA)
- 11 days ago
- Boston, MA (20 miles from Andover, MA)
- 11 days ago
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. We do this by driving Responsible Growth and...
Mortgage Loan Originator - Inside Sales
- Lowell, MA (6 miles from Andover, MA)
- 13 days ago
- Lowell, MA (6 miles from Andover, MA)
- 13 days ago
Previous banking experience required with a focus on mortgage lending and credit review/underwriting Must be service-oriented with strong organizational skills and attention to detail Technically proficient...
Private Bank, Lending Specialist, Business Banking (Boston, MA)
- Boston, MA (20 miles from Andover, MA)
- 16 days ago
- Boston, MA (20 miles from Andover, MA)
- 16 days ago
The senior lending specialist will have more access and authority in the loan origination system than more junior Lending Specialists....
- Boston, MA (20 miles from Andover, MA)
- 16 days ago
- Boston, MA (20 miles from Andover, MA)
- 16 days ago
We are currently hiring talented CRA Loan Officers who proactively identify, develop and maintain a quality network of business relationships that serves as a source of referrals for new mortgage lending...
- Salem, MA (16 miles from Andover, MA)
- 22 days ago
- Salem, MA (16 miles from Andover, MA)
- 22 days ago
Must have five to ten years of experience as a loan officer. A strong background in business math, business law, and analytical and comparison skills is recommended....
Demographic Data for Andover, MA
Moving to Andover, MA? Find some basic demographic data about Andover, MA below.
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Title Synonyms
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Salary for Loan Officer Jobs in Andover, MA
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Andover, MA 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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