Loan Officer Jobs in Birmingham, MI

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 36 Jobs

Small Business Lending Consultant

  • Detroit, MI (15 miles from Birmingham, MI)
  • 1 day ago
  • Detroit, MI (15 miles from Birmingham, MI)
  • 1 day ago

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 Work

Loan Officer

  • Southfield, MI (5 miles from Birmingham, MI)
  • 1 day ago
  • Southfield, MI (5 miles from Birmingham, MI)
  • 1 day ago

The Loan Officer will be responsible for originating loans, assessing borrower qualifications, providing personalized financing solutions, and navigating the loan process with clients....

Mortgage Loan Officer-Retail Community

  • Southfield, MI (5 miles from Birmingham, MI)
  • 1 day ago
  • Southfield, MI (5 miles from Birmingham, MI)
  • 1 day ago

Description Summary: The Mortgage Loan Officer position provides 'Simply the Best' customer service to each customer at all times....

Remote Work

Consumer Loan Sales Specialist

  • Southfield, MI (5 miles from Birmingham, MI)
  • 2 days ago
  • Southfield, MI (5 miles from Birmingham, MI)
  • 2 days ago

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

Mortgage Loan Officer - Bilingual (Spanish/English)(Detroit, Michigan)

  • Detroit, MI (15 miles from Birmingham, MI)
  • 6 days ago
  • Detroit, MI (15 miles from Birmingham, MI)
  • 6 days ago

As a Mortgage Loan Officer, youll play a crucial role in guiding clients through the mortgage process. Whether theyre purchasing a home or refinancing, youll be there every step of the way....

Office Professional with the #1 Mortgage Lender

  • Pontiac, MI (9 miles from Birmingham, MI)
  • 8 days ago
  • Pontiac, MI (9 miles from Birmingham, MI)
  • 8 days ago

United Wholesale Mortgage (UWM) is Americas #1 mortgage lender and were looking to fill an immediate need for Mortgage Operations Specialists....

Default Loan Servicing Specialist Foreclosure

  • Detroit, MI (15 miles from Birmingham, MI)
  • 9 days ago
  • Detroit, MI (15 miles from Birmingham, MI)
  • 9 days ago

JOB DETAILS Job Details Default Loan Servicing Specialist Foreclosure Job Code Number 284909255 Job Description Who We AreServiceMac is a new sub-servicing entity backed by some of the leading...

Direct Placement Opportunity - Financial Services Representative - Lathrup Village, Michigan, 48076

  • Lathrup Village, MI (3 miles from Birmingham, MI)
  • 10 days ago
  • Lathrup Village, MI (3 miles from Birmingham, MI)
  • 10 days ago

JOB DETAILS Job Details Direct Placement Opportunity - Financial Services Representative - Lathrup Village, Michigan, 48076 Job Code Number 284889391 Job Description This is a fully onsite...

Financial Services Representative - Novi, MI

  • Novi, MI (16 miles from Birmingham, MI)
  • 24 days ago
  • Novi, MI (16 miles from Birmingham, MI)
  • 24 days ago

Financial Services Representative Have a passion for helping people? Join our team of Financial Services Representative where youll have dedicated time to focus on growth and career development,...

Bi-Lingual Spanish Preferred Mortgage Loan Officer - Greater Detroit, MI

  • Detroit, MI (15 miles from Birmingham, MI)
  • 27 days ago
  • Detroit, MI (15 miles from Birmingham, MI)
  • 27 days ago

The Mortgage Loan Officer position provides Simply the Best customer service to each customer at all times....

Remote Work

Commercial Loan Officer

  • Dearborn, MI (16 miles from Birmingham, MI)
  • 28 days ago
  • Dearborn, MI (16 miles from Birmingham, MI)
  • 28 days ago

Partner with internal teams to ensure exceptional customer service and streamlined loan processing....

Commercial Loan Officer

  • Southfield, MI (5 miles from Birmingham, MI)
  • 28 days ago
  • Southfield, MI (5 miles from Birmingham, MI)
  • 28 days ago

Partner with internal teams to ensure exceptional customer service and streamlined loan processing....

Commercial Loan Officer

  • Warren, MI (11 miles from Birmingham, MI)
  • 28 days ago
  • Warren, MI (11 miles from Birmingham, MI)
  • 28 days ago

Partner with internal teams to ensure exceptional customer service and streamlined loan processing....

Commercial Loan Officer

  • Sterling Heights, MI (7 miles from Birmingham, MI)
  • 28 days ago
  • Sterling Heights, MI (7 miles from Birmingham, MI)
  • 28 days ago

Partner with internal teams to ensure exceptional customer service and streamlined loan processing....

Commercial Loan Officer

  • Troy, MI (5 miles from Birmingham, MI)
  • 28 days ago
  • Troy, MI (5 miles from Birmingham, MI)
  • 28 days ago

Partner with internal teams to ensure exceptional customer service and streamlined loan processing....

Demographic Data for Birmingham, MI

Moving to Birmingham, MI? Find some basic demographic data about Birmingham, MI below.


Local
National
21,817
1,383
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.
Loan Officer Mortage: (Prep Test)
The Practice Exam is designed to closely replicate the true exam experience in terms of the degree of difficulty, format, and topics covered. the questions are designed to help you learn faster...
How to Become a Police Officer in England and Wales
Currently, policing is unrepresentative of the society it represents. To correct that, its vital that underrepresented and disadvantaged groups can learn about policing and consider their options...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...

Title Synonyms

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Salary for Loan Officer Jobs in Birmingham, MI

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 Birmingham, MI 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 Birmingham, MI
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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