Loan Officer Jobs in California
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.
Obtains required loan documentation and may process less complex loan applications. Orders credit verifications and third party services. Tracks receipt of and reviews legal documents. Sets up and...
The ability to meet Close of Escrow dates and work with Processor and Loan Officers. Must be a Team Player, self motivated and pay attention to detail....
Credit Officer II - Asset Based Lending (ABL) / Capital Finance
- Los Angeles, CA
- 10 hours ago
- Los Angeles, CA
- 10 hours ago
Maintains up-to-date knowledge on all Bank lending policies and regulations....
About this role: Wells Fargo is seeking an CA-WA Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending....
Key Responsibilities: + Prepare and process mortgage disclosures accurately and in a timely manner + Coordinate with third-party vendors to support the loan process + Conduct employment verification...
Quality Assurance Officer and Loan Operations Vendor Liaison
- El Monte, CA
- 17 hours ago
- El Monte, CA
- 17 hours ago
of their operational processes Use spreadsheets and databases to maintain detailed records Recommend necessary changes within the Loan Operations processes and applicable policies due to changes in lending...
Ensures appropriate lending structures and controls are in place to handle inherent and unique risks in reviewed transactions....
Financial Services and, if possible, mortgage industry experience preferred General understanding of applicable Federal, State and Local regulations Why You Should Join As one of the top mortgage lenders...
Risk management - Lead Credit Officer - Vice President
- Irvine, CA
- 20 hours ago
- Irvine, CA
- 20 hours ago
practices in credit risk management to enhance decision- making and maintain a competitive edge Required qualifications, capabilities, and skills Minimum 7+ years of experience in commercial real estate lending...
(AVP or VP) Commercial Loan Servicing Manager
- Los Angeles, CA
- 23 hours ago
- Los Angeles, CA
- 23 hours ago
In this role, you will oversee a team of Commercial Lending Specialists, providing day-to-day support, training and coaching....
Qualifications: Significant experience in a Wholesale Credit or Commercial Lending position operating in a large, complex bank environment....
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...
Qualifications: Significant experience in a Wholesale Credit or Commercial Lending position operating in a large, complex bank environment....
Position Type: Regular Your opportunity At Schwab, youre empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo...
Position Type: Regular Your opportunity At Schwab, youre empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo...
Demographic Data for California
Moving to California? Find some basic demographic data about California below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in California
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in California offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Credit Underwriting
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Collections
- Closing
- Accounting
- Listening
- Retail
- High School Diploma
- Business Development
- Written Communication
- Negotiation
- Telephone Skills
- Verbal Communication
- Documentation
- Interpersonal Skills
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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