Loan Officer Jobs in Cleveland, OH

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 29 Jobs

Community Mortgage Loan Officer - Cleveland, OH

  • Cleveland, OH
  • 2 days ago
  • Cleveland, OH
  • 2 days ago

The Community Mortgage Loan Officer drives partnerships with an emphasis on low to moderate census tracts in the community, developing strong relationships with nonprofit partnerships and local community...

Mortgage Loan Officer - Cleveland, OH

  • Cleveland, OH
  • 2 days ago
  • Cleveland, OH
  • 2 days ago

The Mortgage Loan Officer position provides Simply the Best customer service to each customer at all times....

Inside Loan Originator

  • Independence, OH (7 miles from Cleveland, OH)
  • 3 days ago
  • Independence, OH (7 miles from Cleveland, OH)
  • 3 days ago

Preferred Skills: Familiarity with Loan Origination Systems and other software used for loan origination. Able to maintain social media websites....

Mortgage Loan Officer - Tacoma

  • Cleveland, OH
  • 5 days ago
  • Cleveland, OH
  • 5 days ago

new client loan originations and relationships and new originations....

Mortgage Loan Officer

  • Cleveland, OH
  • 8 days ago
  • Cleveland, OH
  • 8 days ago

ABOUT THE ROLE: Splash Financial is seeking a motivated and customer-obsessed Mortgage Loan Officer (MLO) to join our growing Lending team....

SBA Loan Servicing Specialist

  • Brooklyn, OH (4 miles from Cleveland, OH)
  • 11 days ago
  • Brooklyn, OH (4 miles from Cleveland, OH)
  • 11 days ago

Experience in commercial lending, preferably with a focus on SBA loans. Knowledge of SBA loan programs, including 7(a) and 504....

Senior Construction Loan Administrator - Commercial Mortgage Warehouse

  • Cleveland, OH
  • 12 days ago
  • Cleveland, OH
  • 12 days ago

Requires understanding of internal operation functions and commercial real estate lending. Experienced problem solver and in-person customer service....

Loan Sales Specialist

  • Cleveland, OH
  • 12 days ago
  • Cleveland, OH
  • 12 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 Sales Specialist

  • Maple Heights, OH (9 miles from Cleveland, OH)
  • 12 days ago
  • Maple Heights, OH (9 miles from Cleveland, OH)
  • 12 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...

Sr. Loan Advisor

  • Cleveland, OH
  • 23 days ago
  • Cleveland, OH
  • 23 days ago

Loan Advisor Location Cleveland, OH 44114 Job Summary Proactively identify, develop and maintain a quality network of business relationships that serves as a source of referrals for new mortgage lending...

Experienced Loan Officer - Consumer Direct

  • Seven Hills, OH (7 miles from Cleveland, OH)
  • 26 days ago
  • Seven Hills, OH (7 miles from Cleveland, OH)
  • 26 days ago

We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none....

Junior Loan Officer

  • Seven Hills, OH (7 miles from Cleveland, OH)
  • 26 days ago
  • Seven Hills, OH (7 miles from Cleveland, OH)
  • 26 days ago

Job Summary The Junior Loan Officer provides administrative support to the Loan Officers and a high level of service to our customers via email and phone, providing information about the loan process...

Consumer Loan Specialist

  • Parma, OH (8 miles from Cleveland, OH)
  • 30+ days ago
  • Parma, OH (8 miles from Cleveland, OH)
  • 30+ days ago

Are you a goal-oriented individual? Are you looking to start your career at an industry-leading consumer finance organization with an award-winning service team that has ample opportunity for...

Loan Specialist(Banking)

  • Brooklyn, OH (4 miles from Cleveland, OH)
  • 45+ days ago
  • Brooklyn, OH (4 miles from Cleveland, OH)
  • 45+ days ago

Essential Job Function This role covers a combination of staff within the areas of, retail banking, small business banking, consumer lending, origination and cover a broad range of responsibilities...

Mortgage Loan Officer

  • Brecksville, OH (13 miles from Cleveland, OH)
  • 45+ days ago
  • Brecksville, OH (13 miles from Cleveland, OH)
  • 45+ days ago

Primary Responsibilities Remain knowledgeable on all available loan programs offered by the organization, as well as broker offerings, to compete with lenders to earn each customers business Originate...

Demographic Data for Cleveland, OH

Moving to Cleveland, OH? Find some basic demographic data about Cleveland, OH below.


Local
National
744,205
16,532
Large

Loan Officer Online Courses and Training Opportunities

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Title Synonyms

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Salary for Loan Officer Jobs in Cleveland, OH

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 Cleveland, OH 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 Cleveland, OH
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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