Loan Officer Jobs in Rhode Island
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.
Description This inside sales position will be responsible for generating sales for home equity lines of credit through leads and applications obtained through, but not limited to, the retail...
Description At Citizens, we work together to make a difference for companies that are building, supplying and serving industries and consumers across the country. As the Capital Markets Senior...
The Business Loan Officer is responsible for developing new business, underwriting, structuring, and closing of commercial real estate loans, as well as maintaining and servicing an existing portfolio...
Mortgage Loan Originator - RI Rhode Island, USA Req #1158 Sunday, February 23, 2025 We are seeking experienced Mortgage Originators in MA, CT, and RI to join our lending team....
Maintain expertise in loan origination system(s) to ensure timely and accurate processing....
Support loan officers in the scheduling of customer and center of influence calls and events....
Remote SBA Lender Needed! A preferred SBA Lender is looking for a new lender to join their team. This organization is a long-standing bank with a great reputation!...
Remote WorkExperience in banking or lending environment. Knowledge of complex loan structure, systems and documentation. Accuracy and attention to detail essential....
We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none....
Must also meet one of the following 3 options: Actively funding more than 2 loans/month, or Xinnix Training completion for Loan Origination required, or Origination mentor assigned to new Loan Officer...
Life Services Financial Services Representative (LIN)
- Lincoln, RI
- 45+ days ago
- Lincoln, RI
- 45+ days ago
Job Description: Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run...
Demographic Data for Rhode Island
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Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Rhode Island
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Rhode Island 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
- Customer Relations
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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