Loan Officer Jobs in Ontario
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.
Application Deadline: 04/29/2025 Address: 664 Erb Street West Job Family Group: Retail Banking Sales & Service Join BMO imagine the possibilities....
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....
banking and/or credit adjudication Post-secondary education (preferred) Who We Are: TD is one of the world's leading global financial institutions and is the fifth largest bank in North America by...
Financial Services Representative II - Cantonese/Mandarin/Vietnamese
- Toronto, ON
- 4 days ago
- Toronto, ON
- 4 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...
Job Summary Job Description What is the opportunity? As a Mortgage Specialist Assistant you will support a top producing Mortgage Specialist in meeting sales objectives and related activities by...
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...
Retail Lending Officer (Casual) - Dealer Finance Centre (Hamilton, ON)
- Hamilton, ON
- 7 days ago
- Hamilton, ON
- 7 days ago
Retail Lending Officer (Casual) - Dealer Finance Centre, Automotive Finance (Hamilton, ON) Multiple Casual positions available Contributes to the overall success of the Retail Lending Department in...
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...
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...
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...
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...
Remote WorkFinancial Services Representative II (Mandarin/ Cantonese)
- Richmond Hill, ON
- 9 days ago
- Richmond Hill, ON
- 9 days ago
Location Rich.Hill-Hwy 7&W.Beaver Creek Employment Type Regular Weekly Hours 37.5 Skills Accountability, Banking, Business Credit Cards, Educational Savings Plans, Financial Products, Innovation, Lending...
Mobile Mortgage Advisor (Aurora/Richmond Hill/Markham, ON)
- Aurora, ON
- 9 days ago
- Aurora, ON
- 9 days ago
Lending, Mortgage Process...
Basic knowledge of the Lending Process and supporting policies. Basic knowledge of loan and security documentation, including registration and renewal routine. Specialized knowledge....
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...
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Ontario
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Ontario offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Jumbo Loans
- Federal Housing Administration
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- VA Loans
- Private Banking
- Loan Processing
- OFAC
- Cross Selling
- Credit Underwriting
- Mortgage Processing
- Encompass
- Credit Analysis
- USDA
- Wealth Management
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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