Loan Officer Jobs in Troy, 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.
- Southfield, MI (10 miles from Troy, MI)
- 3 days ago
- Southfield, MI (10 miles from Troy, MI)
- 3 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...
- Dearborn Heights, MI (22 miles from Troy, MI)
- 4 days ago
- Dearborn Heights, MI (22 miles from Troy, MI)
- 4 days ago
[Advising and assisting clients with loan...
As an Independent Bank Mortgage Loan Originator, you will be responsible for servicing the community, originating conventional residential mortgages and providing similar services, participating in...
Customer Financial Services Representative - Cash Applications
- Livonia, MI (19 miles from Troy, MI)
- 9 days ago
- Livonia, MI (19 miles from Troy, MI)
- 9 days ago
Customer Financial Services Representative - Cash Applications Cabinetworks Group - 2.7 Livonia, MI Job Details Full-time 23 hours ago Qualifications Microsoft Excel Microsoft Outlook Management...
- Clinton Township, MI (12 miles from Troy, MI)
- 9 days ago
- Clinton Township, MI (12 miles from Troy, MI)
- 9 days ago
Eight or more years of experience as a loan officer, experience as a real estate loan officer preferred. Job # 1673...
- Dearborn Heights, MI (22 miles from Troy, MI)
- 10 days ago
- Dearborn Heights, MI (22 miles from Troy, MI)
- 10 days ago
Under the direction of the Branch and/or Production Manager, markets and promotes PrimeLending products and services to its client base of realtors, builders, bank officers and potential and past...
Senior Commercial Loan Officer
- Detroit, MI (18 miles from Troy, MI)
- 14 days ago
- Detroit, MI (18 miles from Troy, MI)
- 14 days ago
Senior Commercial Loan Officer Opportunity Client Overview: Our client, a distinguished financial institution, is actively seeking a Senior Commercial Loan Officer to enhance their commercial lending...
Senior Commercial Loan Officer Opportunity Client Overview: Our client, a distinguished financial institution, is actively seeking a Senior Commercial Loan Officer to enhance their commercial lending...
Senior Commercial Loan Officer
- Warren, MI (10 miles from Troy, MI)
- 14 days ago
- Warren, MI (10 miles from Troy, MI)
- 14 days ago
Senior Commercial Loan Officer Opportunity Client Overview: Our client, a distinguished financial institution, is actively seeking a Senior Commercial Loan Officer to enhance their commercial lending...
Senior Commercial Loan Officer
- Sterling Heights, MI (5 miles from Troy, MI)
- 14 days ago
- Sterling Heights, MI (5 miles from Troy, MI)
- 14 days ago
Senior Commercial Loan Officer Opportunity Client Overview: Our client, a distinguished financial institution, is actively seeking a Senior Commercial Loan Officer to enhance their commercial lending...
Senior Commercial Loan Officer
- Livonia, MI (19 miles from Troy, MI)
- 14 days ago
- Livonia, MI (19 miles from Troy, MI)
- 14 days ago
Senior Commercial Loan Officer Opportunity Client Overview: Our client, a distinguished financial institution, is actively seeking a Senior Commercial Loan Officer to enhance their commercial lending...
Senior Commercial Loan Officer
- Southfield, MI (10 miles from Troy, MI)
- 14 days ago
- Southfield, MI (10 miles from Troy, MI)
- 14 days ago
Senior Commercial Loan Officer Opportunity Client Overview: Our client, a distinguished financial institution, is actively seeking a Senior Commercial Loan Officer to enhance their commercial lending...
Senior Commercial Loan Officer
- Dearborn, MI (20 miles from Troy, MI)
- 14 days ago
- Dearborn, MI (20 miles from Troy, MI)
- 14 days ago
Senior Commercial Loan Officer Opportunity Client Overview: Our client, a distinguished financial institution, is actively seeking a Senior Commercial Loan Officer to enhance their commercial lending...
- Clinton Township, MI (12 miles from Troy, MI)
- 20 days ago
- Clinton Township, MI (12 miles from Troy, MI)
- 20 days ago
Description Summary: The Mortgage Loan Officer position provides Simply the Best customer service to each customer at all times....
Remote WorkYour Day-to-Day as Mortgage Loan Officer As a Mortgage Loan Officer, you'll hold a vital revenue-generating role that drives our success and helps clients achieve their American dream of homeownership...
Demographic Data for Troy, MI
Moving to Troy, MI? Find some basic demographic data about Troy, MI below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Troy, MI
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Troy, MI 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
- Loan Origination
- Consumer Lending
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Jumbo Loans
- Federal Housing Administration
- 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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