Loan Officer Jobs in Springfield, NJ

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.

1-15 of 65 Jobs

Mortgage loan servicer

Experience in mortgage collections, servicing and customer service. Familiar with loss mititgation process and mortgage documentation. Collaborate with internal teams to resolve borrower concerns...

External Loan Officer Assistant- Mortgage Banking

  • New York, NY (17 miles from Springfield, NJ)
  • 12 hours ago
  • New York, NY (17 miles from Springfield, NJ)
  • 12 hours ago

process....

Principal Commercial Credit Officer

  • New York, NY (17 miles from Springfield, NJ)
  • 1 day ago
  • New York, NY (17 miles from Springfield, NJ)
  • 1 day ago

Leads and/or participates in projects and special assignments as needed to achieve commercial lending goals....

Consumer Loan Sales Specialist

  • Watchung, NJ (7 miles from Springfield, NJ)
  • 7 days ago
  • Watchung, NJ (7 miles from Springfield, NJ)
  • 7 days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Risk Management - Lead Credit Officer-Vice President

  • New York, NY (17 miles from Springfield, NJ)
  • 8 days ago
  • New York, NY (17 miles from Springfield, NJ)
  • 8 days ago

JobID: 210603595 Category: Credit Risk JobSchedule: Full time Posted Date: 2025-03-04T18:34:14+00:00 JobShift: Base Pay/Salary: New York,NY $133,000.00-$240,000.00; Uniondale,NY...

Direct Lending Associate

  • New York, NY (17 miles from Springfield, NJ)
  • 10 days ago
  • New York, NY (17 miles from Springfield, NJ)
  • 10 days ago

POSITION PURPOSE: The Lending Associate is responsible for underwriting, executing, and monitoring middle and lower-middle-market loan facilities....

Bilingual Consumer Loan Sales Specialist

  • Elmwood Park, NJ (18 miles from Springfield, NJ)
  • 10 days ago
  • Elmwood Park, NJ (18 miles from Springfield, NJ)
  • 10 days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Mortgage Loan Officer

  • Hillsborough, NJ (23 miles from Springfield, NJ)
  • 10 days ago
  • Hillsborough, NJ (23 miles from Springfield, NJ)
  • 10 days ago

As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in New Jersey. This position is primarily based in a location within PNCs footprint....

Consumer Loan Sales Specialist

  • Union, NJ (3 miles from Springfield, NJ)
  • 10 days ago
  • Union, NJ (3 miles from Springfield, NJ)
  • 10 days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Loan Administrator

  • Woodbridge, NJ (10 miles from Springfield, NJ)
  • 11 days ago
  • Woodbridge, NJ (10 miles from Springfield, NJ)
  • 11 days ago

Required Skills & Experience - 5 years of commercial lending experience -Experience with syndications and agency loans - Hands on experience with either Loan IQ or ACBS (ACBS preferred) - Bachelor's...

Risk Management - Hedge Funds Credit Officer - Vice President

  • New York, NY (17 miles from Springfield, NJ)
  • 12 days ago
  • New York, NY (17 miles from Springfield, NJ)
  • 12 days ago

You will have responsibility for assessing the risk of a portfolio of hedge funds and determining credit risk appetite for client lending, trading, clearing, prime brokerage and custody activity....

Mortgage Loan Repurchase Facility Lending Associate Attorney - NY

  • New York, NY (17 miles from Springfield, NJ)
  • 12 days ago
  • New York, NY (17 miles from Springfield, NJ)
  • 12 days ago

is seeking a talented Mortgage Loan Repurchase Facility/Warehouse Lending Associate Attorney to join their team in New York....

Private Equity Credit Officer - Funds

  • New York, NY (17 miles from Springfield, NJ)
  • 12 days ago
  • New York, NY (17 miles from Springfield, NJ)
  • 12 days ago

Monitoring the performance of approved lending, identifying potential risks and early warning signs of delinquency....

Dedicated Lending Associate SAFE Act - B10 - NEW YORK

  • New York, NY (17 miles from Springfield, NJ)
  • 13 days ago
  • New York, NY (17 miles from Springfield, NJ)
  • 13 days ago

Education: Bachelors/University degree or High School diploma/equivalent with at least 2 years of relevant Loan Origination experience Competencies Expert knowledge of general lending products and services...

Credit Officer/ Fund Finance, VP

  • New York, NY (17 miles from Springfield, NJ)
  • 14 days ago
  • New York, NY (17 miles from Springfield, NJ)
  • 14 days ago

Credit Officer/ Fund Finance, VP Job Level: Vice President Job Function: Governance & Assurance Location: New York, NY, US, 10172 Employment Type: Full Time Requisition ID: 4253 SMBC Group is a...

Demographic Data for Springfield, NJ

Moving to Springfield, NJ? Find some basic demographic data about Springfield, NJ below.


Local
National
17,200
689
Medium/Sm

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loan Officer Mortage: (Prep Test)
The Practice Exam is designed to closely replicate the true exam experience in terms of the degree of difficulty, format, and topics covered. the questions are designed to help you learn faster...
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Currently, policing is unrepresentative of the society it represents. To correct that, its vital that underrepresented and disadvantaged groups can learn about policing and consider their options...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...

Title Synonyms

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Salary for Loan Officer Jobs in Springfield, NJ

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Officer positions.



Highest Education Level

Loan Officers in Springfield, NJ offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.8%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.7%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Springfield, NJ
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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