Loan Officer Jobs in Minnesota
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.
Diploma Minimum 2 years residential loan originations or processing experience in a mortgage banking company. Minimum 2 years of experience with state and federal lending regulations (e.g....
Job Overview This position is responsible for billing and collection of accounts receivable for inpatient and outpatient accounts, ensures expected payment is collected and accounts are fully...
meetings including the agenda and minutes as well as package submission deadlines Prepares monthly and quarterly reports Monitors and makes recommendations for updates to Bank policies pertaining to the lending...
Overview This position ensures regional and area business development goals, including mortgage lending, align with overall Bank sales and community development objectives....
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Mortgage Lender (Base Pay + Commission). Job in Perham Gr8Jobs
- Perham, MN
- 1 day ago
- Perham, MN
- 1 day ago
EDUCATION AND EXPERIENCE Associate's degree in Credit and Finance plus two years residential mortgage lending experience; or equivalent knowledge and skills gained through a minimum of four years related...
RESIDENTIAL LENDING LOAN OFFICER ASSOCIATE* WHAT IS THE OPPORTUNITY?...
In addition, the Commercial Ag Loan Officer position could be tasked with some supervision of other lenders in the department....
EXTERNAL LOAN OFFICER ASSISTANT- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...
A typical day: Analyzes financial and supporting documentation submitted for formal and informal lending and servicing requests....
Mortgage Loan Officer Department: Mortgage Sales Location: Edina, MN First International Bank and Trust is a family-owned community bank and one of Prairie Business Magazine's 50 best places to work...
Loan Program Manager (Officer, Loan Expert)
- Inver Grove Heights, MN
- 2 days ago
- Inver Grove Heights, MN
- 2 days ago
Drive loan program development and support CHS Capital loan officer staff to deliver mutually beneficial financial solutions....
To learn more about us, visit www.firstnationalbanks.com About the role The Junior Ag Loan Officer position specializes in providing loans and other banking products to clients across multiple areas...
Building Location: Business Service Center Department: 1006100 PATIENT FINANCIAL SVCS - EH SS Job Description: Responsible for managing and resolving high volumes of accounts for services provided...
EXTERNAL LOAN OFFICER- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...
The Residential Loan Officer is responsible for the origination of regulatory compliant residential loan applications and for developing client referral relationships with realtors, builders, attorneys...
Demographic Data for Minnesota
Moving to Minnesota? Find some basic demographic data about Minnesota below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Minnesota
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Minnesota offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- VA Loans
- Private Banking
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Customer Relations
- Accounting
- Listening
- High School Diploma
- Retail
- Written Communication
- Verbal Communication
- Telephone Skills
- Negotiation
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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