Loan Officer Jobs in Newmarket, ON
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.
Financial Services Representative II
- Maple, ON (12 miles from Newmarket, ON)
- 1 day ago
- Maple, ON (12 miles from Newmarket, ON)
- 1 day ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Mobile Mortgage Specialist Assistant
- Scarborough, ON (22 miles from Newmarket, ON)
- 3 days ago
- Scarborough, ON (22 miles from Newmarket, ON)
- 3 days ago
The TD Mobile Mortgage Specialist (MMS) sales team is a national retail banking channel responsible for acquisition of new mortgage and home equity line of credit business....
- Barrie, ON (24 miles from Newmarket, ON)
- 3 days ago
- Barrie, ON (24 miles from Newmarket, ON)
- 3 days ago
lending industry, and economic trends Proactively obtain expert knowledge of TD mortgage lending products and sound knowledge of products Ensure customer problems are handled professionally, escalating...
Financial Services Representative II (Arabic/Turkish/Russian/Ukrainian)
- Scarborough, ON (22 miles from Newmarket, ON)
- 8 days ago
- Scarborough, ON (22 miles from Newmarket, ON)
- 8 days ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
- Thornhill, ON (16 miles from Newmarket, ON)
- 10 days ago
- Thornhill, ON (16 miles from Newmarket, ON)
- 10 days ago
Application Deadline: 04/29/2025 Address: 1 Promenade Circle Job Family Group: Retail Banking Sales & Service Join BMO imagine the possibilities....
- Vaughan, ON (13 miles from Newmarket, ON)
- 15 days ago
- Vaughan, ON (13 miles from Newmarket, ON)
- 15 days ago
Basic knowledge of the Lending Process and supporting policies. Basic knowledge of loan and security documentation, including registration and renewal routine. Specialized knowledge....
Mobile Mortgage Advisor (Barrie/Newmarket/Bradford, ON)
- Barrie, ON (24 miles from Newmarket, ON)
- 30+ days ago
- Barrie, ON (24 miles from Newmarket, ON)
- 30+ days ago
Lending, Mortgage Process...
Mobile Mortgage Advisor (Richmond Hill, ON)
- Richmond Hill, ON (11 miles from Newmarket, ON)
- 30+ days ago
- Richmond Hill, ON (11 miles from Newmarket, ON)
- 30+ days ago
Lending, Mortgage Process...
Requisition ID: 211309 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Join us as we build a high-performing, purposed driven, winning sales...
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Newmarket, ON
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Newmarket, ON 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
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Multitasking
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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