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.

1-15 of 23 Jobs

Bilingual Financial Services Representative

  • Los Alamos, NM
  • 30+ days ago
  • Los Alamos, NM
  • 30+ days ago

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...

Financial Services Representative (Bilingual)

  • Taos, NM
  • 1 day ago
  • Taos, NM
  • 1 day ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Bank Financial Services Representative (Personal Banker)

  • Artesia, NM
  • 1 day ago
  • Artesia, NM
  • 1 day ago

in a sales, customer service, lending or financial services sales....

Ag & Commercial Loan Officer Needed

  • Las Cruces, NM
  • 2 days ago
  • Las Cruces, NM
  • 2 days ago

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....

Loan Officer

  • Santa Fe, NM
  • 3 days ago
  • Santa Fe, NM
  • 3 days ago

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

Small Business Lending Consultant

  • Albuquerque, NM
  • 3 days ago
  • Albuquerque, NM
  • 3 days ago

Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...

Remote Work

Commercial Loan Officer

  • Pojoaque, NM
  • 3 days ago
  • Pojoaque, NM
  • 3 days ago

Actively seeking an experienced commercial lender to join a team of successful professionals who will collectively develop creative financing solutions to resolve complex and often unique issues for...

Loan Sales Specialist

  • Gallup, NM
  • 6 days ago
  • Gallup, NM
  • 6 days ago

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...

Loan Servicer

  • Las Cruces, NM
  • 6 days ago
  • Las Cruces, NM
  • 6 days ago

Service post-closed loans and perform various support duties related to lending functions, including a full range of credit union products and services....

Loan Sales Specialist

  • Albuquerque, NM
  • 13 days ago
  • Albuquerque, NM
  • 13 days 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...

Non Bank Mortgage Loan Originator

  • Albuquerque, NM
  • 14 days ago
  • Albuquerque, NM
  • 14 days ago

., zoning ordinances, Truth-in Lending, RESPA, energy audit requirements, etc.) - Ability to work independently - Ability to analyze financial information - Effective verbal and written communication...

Call Center Lending Specialist

  • Albuquerque, NM
  • 18 days ago
  • Albuquerque, NM
  • 18 days ago

Nusenda Credit Union is currently seeking a Call Center Lender....

Financial Services Representative

  • Albuquerque, NM
  • 30+ days ago
  • Albuquerque, NM
  • 30+ days ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Mortgage Sales - Mortgage Banker III

  • NM
  • 45+ days ago
  • NM
  • 45+ days ago

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....

Residential Construction Loan Officer-El Paso TX

  • Alamogordo, NM
  • 45+ days ago
  • Alamogordo, NM
  • 45+ 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?...

Demographic Data for New Mexico

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


Local
National
2,115,093
43,399

Loan Officer Online Courses and Training Opportunities

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Salary for Loan Officer Jobs in New Mexico

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 Mexico 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 Mexico
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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