Loan Officer Jobs in Virginia

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.

1-15 of 51 Jobs

Financial Services Representative

  • Danville, VA
  • 9 hours ago
  • Danville, VA
  • 9 hours ago

SUMMARY: As a Financial Services Representative, you are stepping into a dynamic role that blends customer interaction and providing financial expertise. The FSR role allows you to be the first...

Mortgage Loan Originator

  • Richmond, VA
  • 13 hours ago
  • Richmond, VA
  • 13 hours ago

Overview Join Virginia Housing and help make a difference as Mortgage Loan Originator....

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Commercial Loan Officer

  • Newport News, VA
  • 17 hours ago
  • Newport News, VA
  • 17 hours ago

Assists in the training of less experienced Commercial Loan Officers....

Loan Officer Assistant

  • Chesapeake, VA
  • 18 hours ago
  • Chesapeake, VA
  • 18 hours ago

Key Responsibilities Assist loan officers in gathering and reviewing client documentation. Communicate with borrowers, real estate agents, and lenders to ensure timely loan processing....

Financial Services Representative II

  • Fredericksburg, VA
  • 1 day ago
  • Fredericksburg, VA
  • 1 day ago

SUMMARY: As a Financial Services Representative II, you'll be responsible for building and maintaining strong relationships with both new and existing customers while helping them achieve their...

Loan Sales Specialist

  • Mechanicsville, VA
  • 2 days ago
  • Mechanicsville, VA
  • 2 days ago

process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...

Patient Financial Services Representative 3 - Bilingual

  • Fairfax, VA
  • 2 days ago
  • Fairfax, VA
  • 2 days ago

Patient Financial Services Representative 3 - Bilingual Fairfax, VA, United States JOB DESCRIPTION Inova Fairfax Hospital is looking for a dedicated Patient Financial Services Representative 3 -...

Patient Financial Services Representative 4 - Insurance Follow-Up VA, United States Fairfax, VA, United States JOB DESCRIPTION Inova Center of Personalized Health is looking for a dedicated...

Retail Mortgage Loan Originator

  • Warrenton, VA
  • 4 days ago
  • Warrenton, VA
  • 4 days ago

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....

Mortgage Loan Officer - Chesapeake, VA

  • Chesapeake, VA
  • 4 days ago
  • Chesapeake, VA
  • 4 days ago

High level of proficiency with mortgage loan processing and underwriting systems. Commitment to excellence and high standards. Excellent written and oral communication skills....

Remote Work

Consumer Loan Sales Specialist

  • Herndon, VA
  • 6 days ago
  • Herndon, VA
  • 6 days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Loan Sales Specialist

  • Louisa, VA
  • 7 days ago
  • Louisa, VA
  • 7 days ago

process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...

Mortgage Loan Officer

  • Christiansburg, VA
  • 7 days ago
  • Christiansburg, VA
  • 7 days ago

It is the responsibility of the Mortgage Loan Officer to be able to handle all functions of originating a loan....

Loan Servicing Manager - Staunton, VA

  • Staunton, VA
  • 7 days ago
  • Staunton, VA
  • 7 days ago

The PLFS Loan Origination Department is a skilled and successful team and is looking for this leader to help them grow to the next level and achieve even greater results....

Demographic Data for Virginia

Moving to Virginia? Find some basic demographic data about Virginia below.


Local
National
8,631,637
205,142

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loan Officer Mortage: (Prep Test)
The Practice Exam is designed to closely replicate the true exam experience in terms of the degree of difficulty, format, and topics covered. the questions are designed to help you learn faster...
How to Become a Police Officer in England and Wales
Currently, policing is unrepresentative of the society it represents. To correct that, its vital that underrepresented and disadvantaged groups can learn about policing and consider their options...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...

Title Synonyms

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Salary for Loan Officer Jobs in Virginia

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Officer positions.



Highest Education Level

Loan Officers in Virginia offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.8%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.7%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Virginia
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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