Loan Officer Jobs in Tennessee
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.
Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...
Remote WorkConsumer Loan Specialist - High School Diploma Only
- Morristown, TN
- 17 hours ago
- Morristown, TN
- 17 hours ago
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Manage overall lending and collection activity, loan officer and delinquency reports, and the impact on financial statements to determine results....
They take pleasure in finding solutions and lending a helping hand, both to our customers and our communities....
Support communication through the loan process between operations staff and the borrower. Provide all applicable initial documents and disclosures to the loan processor. Other duties as assigned....
Maintain knowledge of FirstBank products, bank partners, loan process, policies and procedures, etc., articulating knowledge and educating others as needed....
Motivates, mentors, and influences other lenders and department staff....
Motivates, mentors, and influences other lenders and department staff....
Makes recommendations to Loan Officers on the granting or denying of loans and prepares sufficient information (i.e. loan submissions) to document recommendations....
Our client, a locally owned and operated bank, is seeking an experienced Ag Loan Officer to join their team....
Commercial Loan Officer Qualifications: POSITION SUMMARY: The Commercial Loan Officer will support the lenders in underwriting requests for credit extensions to new and existing commercial clients....
Commercial Loan Officer Qualifications: POSITION SUMMARY: The Commercial Loan Officer will support the lenders in underwriting requests for credit extensions to new and existing commercial clients....
Consumer Loan Sales Specialist - Paid Volunteer Time & Healthcare
- Morristown, TN
- 4 days ago
- Morristown, TN
- 4 days ago
Consumer Loan Sales Specialist will learn the lending and servicing business at One Main allowing them to grow their career....
Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....
and unit's lending standard....
Demographic Data for Tennessee
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Title Synonyms
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Salary for Loan Officer Jobs in Tennessee
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Tennessee 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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