Loan Officer Jobs in Wayne, 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.
Small Business Lending Consultant
- Detroit, MI (18 miles from Wayne, MI)
- 1 day ago
- Detroit, MI (18 miles from Wayne, 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- Southfield, MI (17 miles from Wayne, MI)
- 1 day ago
- Southfield, MI (17 miles from Wayne, 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....
- Monroe, MI (24 miles from Wayne, MI)
- 1 day ago
- Monroe, MI (24 miles from Wayne, MI)
- 1 day ago
Description Summary: The Mortgage Loan Officer position provides Simply the Best customer service to each customer at all times....
Remote WorkMortgage Loan Officer-Retail Community
- Southfield, MI (17 miles from Wayne, MI)
- 1 day ago
- Southfield, MI (17 miles from Wayne, MI)
- 1 day ago
Description Summary: The Mortgage Loan Officer position provides 'Simply the Best' customer service to each customer at all times....
Remote WorkConsumer Loan Sales Specialist
- Southfield, MI (17 miles from Wayne, MI)
- 2 days ago
- Southfield, MI (17 miles from Wayne, 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 (18 miles from Wayne, MI)
- 6 days ago
- Detroit, MI (18 miles from Wayne, 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....
Default Loan Servicing Specialist Foreclosure
- Detroit, MI (18 miles from Wayne, MI)
- 9 days ago
- Detroit, MI (18 miles from Wayne, 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 (18 miles from Wayne, MI)
- 10 days ago
- Lathrup Village, MI (18 miles from Wayne, 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...
- Ann Arbor, MI (23 miles from Wayne, MI)
- 13 days ago
- Ann Arbor, MI (23 miles from Wayne, MI)
- 13 days ago
Mortgage Loan Originator LOCATION -- Ann Arbor, Michigan 48104 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity...
Mortgage Loan Officer - Ypsilanti, MI
- Ypsilanti, MI (12 miles from Wayne, MI)
- 15 days ago
- Ypsilanti, MI (12 miles from Wayne, MI)
- 15 days ago
Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....
Financial Services Representative - Novi, MI
- Novi, MI (15 miles from Wayne, MI)
- 24 days ago
- Novi, MI (15 miles from Wayne, 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 (18 miles from Wayne, MI)
- 27 days ago
- Detroit, MI (18 miles from Wayne, MI)
- 27 days ago
The Mortgage Loan Officer position provides Simply the Best customer service to each customer at all times....
Remote Work- Dearborn, MI (11 miles from Wayne, MI)
- 28 days ago
- Dearborn, MI (11 miles from Wayne, MI)
- 28 days ago
Partner with internal teams to ensure exceptional customer service and streamlined loan processing....
- Southfield, MI (17 miles from Wayne, MI)
- 28 days ago
- Southfield, MI (17 miles from Wayne, MI)
- 28 days ago
Partner with internal teams to ensure exceptional customer service and streamlined loan processing....
- Livonia, MI (7 miles from Wayne, MI)
- 28 days ago
- Livonia, MI (7 miles from Wayne, MI)
- 28 days ago
Partner with internal teams to ensure exceptional customer service and streamlined loan processing....
Demographic Data for Wayne, MI
Moving to Wayne, MI? Find some basic demographic data about Wayne, MI below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Officer Jobs in Wayne, MI
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Wayne, MI offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- 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
- Multitasking
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Officer Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »