Loan Officer Jobs in Austin, TX
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.
process....
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 WorkCredit Admin Manager Works with a staff of portfolio managers and/or regional credit administrators in the credit approval, administration, and review of activities within Corporate and Specialty Lending...
Remote WorkThis role involves direct interaction with Mortgage Loan Originators (MLO’s), Credit Consultants, and borrowers to ensure smooth operations within the HBC Department Essential Duties and Responsibilities...
to meet credit union and mortgage lending goals in the community....
This process consists of entering information into the database, checking for multiple use and mailing disclosures.Advises borrowers regarding loan processes and procedures....
AG & COMMERCIAL LOAN OFFICER NEEDED IN AUSTIN Date Posted: Sunday, February 23, 2025 ?...
Your Opportunity At Schwab, you're empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us "challenge the status quo" and transform the...
- Round Rock, TX (22 miles from Austin, TX)
- 20 days ago
- Round Rock, TX (22 miles from Austin, TX)
- 20 days ago
The Mortgage Loan Originator solicits residential first mortgages through contacts with Realtors, builders, and developers. Interview loan applicants and make credit decisions....
- Round Rock, TX (22 miles from Austin, TX)
- 20 days ago
- Round Rock, TX (22 miles from Austin, TX)
- 20 days ago
Full Time and Part Time Level: Entry to Mid-Level Travel: Minimal Success Profile What makes a successful Consumer Lending Specialist at OneMain?...
The Loan Officer communicates regularly with borrowers, third-party lenders, attorneys, and other external stakeholders....
Education & Experience Requirements This level of knowledge is normally acquired through completion of an Associates Degree and 2-3 years related mortgage lending experience....
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
MUST HAVES Experience as a Loan Officer, Sales Rep, Social Worker, Lender (Experience as a mortgage or real estate Loan Officer is NOT TRANSFERABLE)- Banking experience OK Strong communication skills...
Requirements High School Diploma or GED One (1) year of mortgage lending experience with proven mortgage production Abundant mortgage experience in developing external business via referral partners...
Demographic Data for Austin, TX
Moving to Austin, TX? Find some basic demographic data about Austin, TX below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Austin, TX
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Austin, TX 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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