Loan Officer Jobs in Bloomington, MN
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
- Minneapolis, MN (10 miles from Bloomington, MN)
- 12 hours ago
- Minneapolis, MN (10 miles from Bloomington, MN)
- 12 hours 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- Eden Prairie, MN (8 miles from Bloomington, MN)
- 1 day ago
- Eden Prairie, MN (8 miles from Bloomington, MN)
- 1 day ago
Experience: At least 3 years of loan origination experience....
Residential Loan Officer - Twin Cities East Metro
- Woodbury, MN (17 miles from Bloomington, MN)
- 2 days ago
- Woodbury, MN (17 miles from Bloomington, MN)
- 2 days ago
Monitor the expedient processing of loan applications through regular contact with loan processors and conduct regular pipeline management....
Consumer Loan Sales Specialist
- Mendota Heights, MN (8 miles from Bloomington, MN)
- 3 days ago
- Mendota Heights, MN (8 miles from Bloomington, MN)
- 3 days ago
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Transportation Coder (Senior Financial Services Representative)
- Saint Paul, MN (12 miles from Bloomington, MN)
- 6 days ago
- Saint Paul, MN (12 miles from Bloomington, MN)
- 6 days ago
Responsibilities Job Description Fairview Health Services has an opportunity for a remote transportation coder! The Senior Patient Financial Services Representative will code the run from the...
- Minneapolis, MN (9 miles from Bloomington, MN)
- 6 days ago
- Minneapolis, MN (9 miles from Bloomington, MN)
- 6 days ago
Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....
- Minneapolis, MN (15 miles from Bloomington, MN)
- 6 days ago
- Minneapolis, MN (15 miles from Bloomington, MN)
- 6 days ago
Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....
Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....
- Minneapolis, MN (20 miles from Bloomington, MN)
- 6 days ago
- Minneapolis, MN (20 miles from Bloomington, MN)
- 6 days ago
Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....
- Saint Paul, MN (10 miles from Bloomington, MN)
- 6 days ago
- Saint Paul, MN (10 miles from Bloomington, MN)
- 6 days ago
Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....
Loan Originator Assistant - (North Region IL, WI, MN)
- Oakdale, MN (19 miles from Bloomington, MN)
- 10 days ago
- Oakdale, MN (19 miles from Bloomington, MN)
- 10 days ago
Meet with potential borrowers to analyze financial situation and needs for purchase or refinance, gather necessary documentation for the loan process, etc....
The Loan Originator assists the borrower in determining the proper loan program, completing the loan application, and gathering the required supporting documentation to begin the loan process....
Residential Loan Officer - Twin Cities West Metro
- Plymouth, MN (14 miles from Bloomington, MN)
- 11 days ago
- Plymouth, MN (14 miles from Bloomington, MN)
- 11 days ago
Monitor the expedient processing of loan applications through regular contact with loan processors and conduct regular pipeline management....
Private Mortgage Banker (SAFE)
- Minneapolis, MN (10 miles from Bloomington, MN)
- 12 days ago
- Minneapolis, MN (10 miles from Bloomington, MN)
- 12 days ago
About this role: Wells Fargo is seeking a Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending. Learn more about our career areas and lines of business at wellsfargojobs.com....
Lending Specialist & Homeownership Advisor
- Minneapolis, MN (10 miles from Bloomington, MN)
- 15 days ago
- Minneapolis, MN (10 miles from Bloomington, MN)
- 15 days ago
Obtain, organize, verify, and analyze all necessary documents for DPA loan processing....
Demographic Data for Bloomington, MN
Moving to Bloomington, MN? Find some basic demographic data about Bloomington, MN 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 Bloomington, MN
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Bloomington, MN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Reimbursement
- 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
- 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 »