Loan Officer Jobs in Alabama
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.
Consumer Loan Specialist - Sales Customer Service
- Center Point, AL
- 17 hours ago
- Center Point, AL
- 17 hours ago
Assists potential borrowers by explaining the loan process, answering questions regarding loan products and loan processing....
EXTERNAL LOAN OFFICER- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...
Keeps informed of current trends in mortgage lending, mortgage regulations, and market factors affecting mortgage lending....
Position Title: Patient Financial Services Representative Department: Fiscal Services Reports To: Patient Financial Services Manager and Facility Leadership Supervises: N/A Entry Level...
processing....
Maintain relationships with realtors by providing superior service Originate and promote Trustmarks Community Lending Loans and Products Coordinate and assist the mortgage dept. in the origination and...
Qualifications: 1+ years of experience in a sales position. High school diploma, bachelor’s degree preferred. Highly motivated individual with an interest in the consumer finance industry. Capable...
At ServisFirst, Our Name is Our Mission. DUTIES AND RESPONSIBILITIES The Loan Specialist I – Due Diligence is responsible for assembling loan documentation for commercial and consumer loans in...
Must demonstrate proficiency with all lending functions. Must be adept in handling share certificates and IRA accounts....
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...
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Loan processing Full Job Description Minimum Qualifications High school diploma or equivalent and four years of directly related experience....
Real Estate Agents & Brokers: become Part-Time Mortgage Loan Officers
- Creola, AL
- 6 days ago
- Creola, AL
- 6 days ago
High producing real estate agents & brokers are invited to become part-time (average 5 hours per week) Mortgage Loan Officers for a national bank....
Real Estate Agents & Brokers: become Part-Time Mortgage Loan Officers
- Adamsville, AL
- 6 days ago
- Adamsville, AL
- 6 days ago
High producing real estate agents & brokers are invited to become part-time (average 5 hours per week) Mortgage Loan Officers for a national bank....
Real Estate Agents & Brokers: become Part-Time Mortgage Loan Officers
- Tuscaloosa, AL
- 6 days ago
- Tuscaloosa, AL
- 6 days ago
High producing real estate agents & brokers are invited to become part-time (average 5 hours per week) Mortgage Loan Officers for a national bank....
Demographic Data for Alabama
Moving to Alabama? Find some basic demographic data about Alabama below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Alabama
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Alabama offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Fannie Mae
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- Private Banking
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Foreign Exchange
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Customer Relations
- High School Diploma
- Listening
- Retail
- Written Communication
- Verbal Communication
- Telephone Skills
- Negotiation
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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