Loan Officer Jobs in Saratoga Springs, NY

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.

1-11 of 11 Jobs

Loan Sales Specialist

  • Schenectady, NY (18 miles from Saratoga Springs, NY)
  • 3 days ago
  • Schenectady, NY (18 miles from Saratoga Springs, NY)
  • 3 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...

Mortgage Loan Officer

  • Corinth, NY (15 miles from Saratoga Springs, NY)
  • 9 days ago
  • Corinth, NY (15 miles from Saratoga Springs, NY)
  • 9 days ago

Mortgage Loan Officer We have an exciting opportunity in our Loan Center!...

Mortgage Originator

  • Albany, NY (21 miles from Saratoga Springs, NY)
  • 14 days ago
  • Albany, NY (21 miles from Saratoga Springs, NY)
  • 14 days ago

Job Order Number: DF9826107 Job Title: Registered Nurse - Float Company: Northwell Health Location: Riverhead, NY Salary: Education: Information Not Provided Experience: Information Not Provided...

Financial Services Representative

  • Troy, NY (22 miles from Saratoga Springs, NY)
  • 17 days ago
  • Troy, NY (22 miles from Saratoga Springs, NY)
  • 17 days ago

Immediate need for a talented Financial Services Representative. This is a 06+months contract opportunity with long-term potential and is located in Troy NY (Hybrid). Please review the job...

Mortgage Specialist

  • Ballston Lake, NY (11 miles from Saratoga Springs, NY)
  • 23 days ago
  • Ballston Lake, NY (11 miles from Saratoga Springs, NY)
  • 23 days ago

An ideal candidate will have hands on experience in any of the following areas Mortgage Contact Center Commercial Lending Consumer Lending Other mortgage related roles Location: Ballston Lake, NY Duration...

Outside Loan Originator

  • Burnt Hills, NY (11 miles from Saratoga Springs, NY)
  • 30+ days ago
  • Burnt Hills, NY (11 miles from Saratoga Springs, NY)
  • 30+ days ago

Position Overview: The Outside Loan Originator (Outside LO) is responsible for maintaining an NMLS license required under the S.A.F.E....

Loan Officer Trainee

  • Corinth, NY (15 miles from Saratoga Springs, NY)
  • 30+ days ago
  • Corinth, NY (15 miles from Saratoga Springs, NY)
  • 30+ days ago

Loan Officer Trainee Position We have an exciting opportunity in our Loan Center!...

CRA Loan Officer

  • Albany, NY (21 miles from Saratoga Springs, NY)
  • 30+ days ago
  • Albany, NY (21 miles from Saratoga Springs, NY)
  • 30+ 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...

Patient Financial Services Representative - Medical Billing

  • Saratoga Springs, NY
  • 60+ days ago
  • Saratoga Springs, NY
  • 60+ days ago

# Job Summary: The Patient Financial Services Representative (PFS) #is responsible for billing primary, as well as subsequent secondary and tertiary claims, to all third party insurance carriers...

Residential Loan Consultant (On-Site)

  • Saratoga Springs, NY
  • 90+ days ago
  • Saratoga Springs, NY
  • 90+ days ago

Job Title: Residential Loan Consultant Department: Residential Lending Reports To: VP, Residential Lending Grade Level: Exempt, $35,000 Salary plus Commissions Location: Saratoga Springs, NY (Not Remote...

Mortgage Originator

  • Clifton Park, NY (14 miles from Saratoga Springs, NY)
  • 90+ days ago
  • Clifton Park, NY (14 miles from Saratoga Springs, NY)
  • 90+ days ago

Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....

Demographic Data for Saratoga Springs, NY

Moving to Saratoga Springs, NY? Find some basic demographic data about Saratoga Springs, NY below.


Local
National
40,355
1,542
Medium

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...
How to Become a Police Officer in England and Wales
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

Users interested in this job title also searched for the following job titles


Salary for Loan Officer Jobs in Saratoga Springs, NY

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 Saratoga Springs, NY 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 Saratoga Springs, NY
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%



Loan Officer Related Career Advice Articles

banker looking at charts on laptop
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 »
personal banker going over paperwork with her clients
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 »