Loan Officer Jobs in New Jersey
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.
- The Funding Group
- Parsippany, NJ
- 5 days ago
- The Funding Group
- Parsippany, NJ
- 5 days ago
Experience in mortgage collections, servicing and customer service. Familiar with loss mititgation process and mortgage documentation. Collaborate with internal teams to resolve borrower concerns...
Financial Services Representative Fidelity Investments Yorketown, United States Posted 14 hours ago Permanent Competitive Financial Services Representative Fidelity Investments Yorketown, United...
Responsibilities include but are not limited to: Originate first and second mortgages. Prequalify customers based on credit criteria. Build relationships with external referral sources....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Clearly communicates the loan program terms and benefits available to the customer as well as the loan process....
Experience in the Fulton Mortgage Company Associate Mortgage Loan Officer Program may be accepted in lieu of 1 year required residential mortgage lending experience....
Lending Teams, Special Asset Department, Deposit Operations, Auditors, etc....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
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....
Responsibilities Include: Develop and maintain relationships within the Long Island community, specifically with the real estate community. Meet or exceed sales goals by networking with centers of...
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...
The Business Loan Officer is responsible for developing new business, underwriting, structuring, and closing of commercial real estate loans, as well as maintaining and servicing an existing portfolio...
The Business Loan Officer is responsible for developing new business, underwriting, structuring, and closing of commercial real estate loans, as well as maintaining and servicing an existing portfolio...
Demographic Data for New Jersey
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Title Synonyms
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Salary for Loan Officer Jobs in New Jersey
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in New Jersey 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
- Customer Relations
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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