Loan Officer Jobs in New Mexico
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.
Candidate must be fluent in English and Mandarin/Cantonese Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large...
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
processing....
Bilingual Customer Service/Loan Specialist - 032
- Albuquerque, NM
- 6 days ago
- Albuquerque, NM
- 6 days ago
processing....
Proven track record of success in the mortgage lending industry. Must be/become registered and licensed in the Nationwide Mortgage Licensing System and Registry (NMLS) as required by the S.A.F.E....
Proven track record of success in the mortgage lending industry. Must be/become registered and licensed in the Nationwide Mortgage Licensing System and Registry (NMLS) as required by the S.A.F.E....
AG & COMMERCIAL LOAN OFFICER NEEDED IN LAS CRUCES Date Posted: Thursday, February 27, 2025 ?...
Residential Construction Loan Officer-El Paso TX
- Alamogordo, NM
- 12 days ago
- Alamogordo, NM
- 12 days ago
RESIDENTIAL CONSTRUCTION LOAN OFFICER-EL PASO TX IN ALAMOGORDO Date Posted: Sunday, February 23, 2025 ?...
Candidates with a minimum of two years prior Mortgage Lending experience will be given preference....
Candidates with a minimum of two years prior Mortgage Lending experience will be given preference....
Residential Construction Loan Officer-El Paso TX
- Las Cruces, NM
- 18 days ago
- Las Cruces, NM
- 18 days ago
Residential Construction Loan Officer needed for El Paso Texas Do you have a working relationship with many of the homebuilders in El Paso Texas?...
Residential Construction Loan Officer-El Paso TX
- Alamogordo, NM
- 18 days ago
- Alamogordo, NM
- 18 days ago
Residential Construction Loan Officer needed for El Paso Texas Do you have a working relationship with many of the homebuilders in El Paso Texas?...
A top semi-regional bank which likes to grow and keep its team members happy as well as the customers, seeks a Commercial & Ag Loan Officer....
process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Demographic Data for New Mexico
Moving to New Mexico? Find some basic demographic data about New Mexico 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 New Mexico
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in New Mexico 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
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 »