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.

1-15 of 60 Jobs

Home Loan Consultant

  • Evesham, NJ
  • 7 hours ago
  • Evesham, NJ
  • 7 hours ago

At least one (1) year of mortgage sales experience working as bank loan officer or in similar role Certificates, Licenses, Registrations: Home Loan Consultant must pass the NMLS SAFE exam within the...

Loan Sales Specialist

  • Washington, NJ
  • 1 day ago
  • Washington, NJ
  • 1 day ago

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...

Premier Banking Officer

  • Palisades Park, NJ
  • 1 day ago
  • Palisades Park, NJ
  • 1 day ago

lending products Actively participate in branch duties with a strong sense of teamwork The salary range for this full-time position is $24.00 Hourly - $28.85 Hourly + bonus + benefits Salary ranges...

Loan Servicing Specialist

  • Parsippany, NJ
  • 2 days ago
  • Parsippany, NJ
  • 2 days ago

About Blue Foundry Bank This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done....

CRA Loan Officer

  • Trenton, NJ
  • 2 days ago
  • Trenton, NJ
  • 2 days ago

We are currently hiring talented CRA Loan Officers who proactively identify, develop and maintain a quality network of business relationships that serves as a source of referrals for new mortgage lending...

Loan Officer

  • Newark, NJ
  • 2 days ago
  • Newark, NJ
  • 2 days ago

Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....

Loan Officer Associate

  • Wayne, NJ
  • 2 days ago
  • Wayne, NJ
  • 2 days ago

Join a Company that Empowers you to Build your Future The Loan Officer Associate assists Loan Officers while developing skills and knowledge to become a Loan Officer in the future....

Syndication Loan Specialist III (Middle Market Bought Loans)

  • Mount Laurel, NJ
  • 2 days ago
  • Mount Laurel, NJ
  • 2 days ago

areas such as Small Business Administration lending, construction or syndicated loans Proven ability to provide excellent Customer service to internal and external Customers Excellent interpersonal...

Remote Work

Mortgage Loan Officer

  • Trenton, NJ
  • 3 days ago
  • Trenton, NJ
  • 3 days ago

We are currently hiring dedicated Mortgage Loan Officers who proactively identify, build and maintain a quality network of business relationships that serves as a source of referrals for new mortgage...

Mortgage Advisor

  • Jersey City, NJ
  • 4 days ago
  • Jersey City, NJ
  • 4 days ago

loan origination activity * At least one (1) to three (3) years of retail mortgage loan origination experience preferred * General financial sales, real estate or mortgage operations experience may...

Personal Loan Consultant

  • Woodland Park, NJ
  • 4 days ago
  • Woodland Park, NJ
  • 4 days ago

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

4507 Consumer Loan Sales Specialist

  • New Brunswick, NJ
  • 4 days ago
  • New Brunswick, NJ
  • 4 days ago

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

Consumer Loan Sales Specialist

  • Union, NJ
  • 4 days ago
  • Union, NJ
  • 4 days ago

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

Financial Services Representative Mental Health

  • Jersey City, NJ
  • 4 days ago
  • Jersey City, NJ
  • 4 days ago

Description CSPNJ, a mental health nonprofit is looking for a full-time Financial Services Representative for Hudson and Essex county. Under the direct supervision of the Director of Financial...

Commercial Loan Administrator

  • Paramus, NJ
  • 6 days ago
  • Paramus, NJ
  • 6 days ago

This position would be to assist the loan officers with creating and preparing the loan packages. 2 years of commercial banking experience is required....

Demographic Data for New Jersey

Moving to New Jersey? Find some basic demographic data about New Jersey below.


Local
National
9,288,994
232,891

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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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,...
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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...

Title Synonyms

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Salary for Loan Officer Jobs in New Jersey

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 New Jersey offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
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 New Jersey
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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