Loan Officer Jobs in Beloit, WI

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.

1-12 of 12 Jobs

VP Ag/Commercial Loan Officer

  • Edgerton, WI (20 miles from Beloit, WI)
  • 14 days ago
  • Edgerton, WI (20 miles from Beloit, WI)
  • 14 days ago

The right Ag or commercial loan officer would like to be a part of a growing, mid-sized, institution and have an entrepreneur mindset!...

Senior Commercial Loan Officer

  • South Beloit, IL (7 miles from Beloit, WI)
  • 14 days ago
  • South Beloit, IL (7 miles from Beloit, WI)
  • 14 days ago

Senior Commercial Loan Officer Opportunity Client Overview: Our client, a distinguished financial institution, is actively seeking a Senior Commercial Loan Officer to enhance their commercial lending...

Senior Commercial Loan Officer

  • Rockford, IL (16 miles from Beloit, WI)
  • 14 days ago
  • Rockford, IL (16 miles from Beloit, WI)
  • 14 days ago

Senior Commercial Loan Officer Opportunity Client Overview: Our client, a distinguished financial institution, is actively seeking a Senior Commercial Loan Officer to enhance their commercial lending...

VP Ag/Commercial Loan Officer

  • Janesville, WI (11 miles from Beloit, WI)
  • 30+ days ago
  • Janesville, WI (11 miles from Beloit, WI)
  • 30+ days ago

The right Ag or commercial loan officer would like to be a part of a growing, mid-sized, institution and have an entrepreneur mindset!...

Mortgage Loan Originator

  • Rockford, IL (16 miles from Beloit, WI)
  • 45+ days ago
  • Rockford, IL (16 miles from Beloit, WI)
  • 45+ days ago

#LI-TM2 Mortgage Loan Originator Compensation for this position is largely incentive-based. Incentives are combined with either a base salary or a draw, resulting in total cash compensation....

Loan Originator - (North Region IL, WI, MN)

  • Rockford, IL (16 miles from Beloit, WI)
  • 45+ days ago
  • Rockford, IL (16 miles from Beloit, WI)
  • 45+ days ago

A credit report is obtained and analyzed by the Loan Originator. The Loan Originator is heavily involved with the client during the application and closing process....

Loan Administrator

  • Janesville, WI (11 miles from Beloit, WI)
  • 45+ days ago
  • Janesville, WI (11 miles from Beloit, WI)
  • 45+ days ago

Prints all closing documents and prepare tickets for loan officer. Responsible for placing and/or removing items from Dual Control. Main receptionist for the lending area....

Senior Commercial Loan Officer

  • Janesville, WI (11 miles from Beloit, WI)
  • 45+ days ago
  • Janesville, WI (11 miles from Beloit, WI)
  • 45+ days ago

Qualifications Education/Experience: Bachelors degree in Finance or Business Administration or the equivalent of three plus years of specialized training in commercial and/or consumer lending and overall...

Commercial Loan Officer

  • Rockford, IL (16 miles from Beloit, WI)
  • 45+ days ago
  • Rockford, IL (16 miles from Beloit, WI)
  • 45+ days ago

Provides direction and leadership to loan officers and support staff to ensure that asset quality, growth, and fee income goals are obtained. Manages individual loan portfolios....

Mortgage Loan Officer. 3 Month Guaranteed Bonus.

  • Janesville, WI (11 miles from Beloit, WI)
  • 60+ days ago
  • Janesville, WI (11 miles from Beloit, WI)
  • 60+ days ago

Previous consumer lending experience at Marine Credit Union preferred. Education and Experience: High School Diploma....

Remote Work

Bilingual Mortgage Loan Officer

  • Janesville, WI (11 miles from Beloit, WI)
  • 60+ days ago
  • Janesville, WI (11 miles from Beloit, WI)
  • 60+ days ago

Previous consumer lending experience at Marine Credit Union preferred. Education and Experience: High School Diploma....

Remote Work

Mortgage Loan Originator

  • Janesville, WI (11 miles from Beloit, WI)
  • 60+ days ago
  • Janesville, WI (11 miles from Beloit, WI)
  • 60+ days ago

We are seeking a Mortgage Loan Originator with a strong sales orientation....

Demographic Data for Beloit, WI

Moving to Beloit, WI? Find some basic demographic data about Beloit, WI below.


Local
National
48,659
852
Medium

Loan Officer Online Courses and Training Opportunities

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Title Synonyms

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Salary for Loan Officer Jobs in Beloit, WI

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 Beloit, WI offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
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 Beloit, WI
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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