Loan Officer Jobs

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.

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Loan Officer

Loan Officer A Loan Officer plays a critical role in the financial services industry by helping individuals, businesses, and organizations secure loans to meet their financial goals....

Golden Bank, N.A.

Closer

Coordinate and complete the loan closing/funding process by working with inter-departmental team members, which include loan officers, underwriters, credit, and external customers, attorneys, title...

Operations Associate - Commercial Loan Servicer

  • Plano, TX
  • 25 days ago
  • Plano, TX
  • 25 days ago

in collaboration with the internal trade desk associates - adhering to strict timelines of buy/sell requirements with each lending request Work from Home Technology Requirements: A secure home office...

Remote Work

Loan Officer

  • Phoenix, AZ
  • 45+ days ago
  • Phoenix, AZ
  • 45+ days ago

The Opportunity As a dedicated Loan Officer, you will, within defined guidelines and framework, deliver impactful customer service to members while providing mortgage product solutions that facilitate...

HBCF Loan Specialist

  • Richardson, TX
  • 1 hour ago
  • Richardson, TX
  • 1 hour ago

The loan specialist serves as the point of contact and process driver throughout the loan origination process and post-closing portfolio management....

Bilingual Loan Specialist

  • Jeffersonville, IN
  • 1 hour ago
  • Jeffersonville, IN
  • 1 hour ago

Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are...

Loan Specialist

  • Conroe, TX
  • 1 hour ago
  • Conroe, TX
  • 1 hour ago

Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are...

Loan Consultant

  • Fredericton, NB
  • 1 hour ago
  • Fredericton, NB
  • 1 hour ago

Were not just in the lending business were in the business of finding solutions....

Loan Originator Assistant - Database Business Development (Part Time)

  • Glen Ellyn, IL
  • 1 hour ago
  • Glen Ellyn, IL
  • 1 hour ago

To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market....

Financial Services Representative II (Secondment)

  • Oakville, ON
  • 1 hour ago
  • Oakville, ON
  • 1 hour ago

Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...

Mortgage Loan Originator

  • Chandler, AZ
  • 1 hour ago
  • Chandler, AZ
  • 1 hour ago

As a Mortgage Loan Officer you will be responsible for providing exceptional customer service and assisting clients in navigating the mortgage loan process....

Consumer Loan Specialist

  • Brandon, FL
  • 1 hour ago
  • Brandon, FL
  • 1 hour ago

Position: Consumer Loan Specialist Company: Mariner Finance Location: On-site/in office Hours: full time - 40 hours per week Description Qualifications: 1+ years of experience in a sales position....

Loan Servicing Specialist IV

  • Tempe, AZ
  • 1 hour ago
  • Tempe, AZ
  • 1 hour ago

Apply today to join our JPMorgan Chase Dealer Commercial Services Floorplan Operations Department within Commercial Wholesale Lending Services Group....

Financial Services Representative - Oshawa, ON

  • Oshawa, ON
  • 1 hour ago
  • Oshawa, ON
  • 1 hour ago

Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...

Loan Sales Specialist

  • Clinton, NC
  • 1 hour ago
  • Clinton, NC
  • 1 hour 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...

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 Nationwide

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 offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.6%
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
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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