Loan Officer Jobs in Michigan
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.
Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....
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...
The Lending Specialist is responsible for delivering excellent member experience with processing virtual lending applications....
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team...
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Apply Description General Job Summary The Loan Counselor is responsible for collecting delinquent loan payments to minimize delinquencies and foreclosures. Typically handles loans in early stages...
Home Lending Specialist LOCATION -- Columbus, Ohio 43215 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity...
Members First Credit Union is seeking an enthusiastic **Consumer Loan Officer** with at least one year of experience to join our Blue Grass branch in Mt. Pleasant....
In order to be considered for this position you must apply online at: **[** Position Title: Senior Commercial Loan Officer## Reports To: Chief Lending Officer/Regional President## General Purpose:Responsible...
[Advising and assisting clients with loan...
As a Loan Officer in our Member Direct channel you will be part of a growing team that works together in a dynamic centralized Call Center environment....
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...
Founded by a small group of educators, Michigan Schools & Government Credit Union (MSGCU) has been providing quality financial services to the community for 70 years and welcomes everyone in...
#LI-SM2 Mortgage Loan Originator LOCATION -- Traverse City, Michigan 49684 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment...
Attend and participate in all Consumer Lending meetings as required by management....
Demographic Data for Michigan
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Title Synonyms
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Salary for Loan Officer Jobs in Michigan
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Michigan 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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