Loan Officer Jobs in Colorado Springs, CO

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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Mortgage Loan Specialist

  • Colorado Springs, CO
  • 5 days ago
  • Colorado Springs, CO
  • 5 days ago

Assists in facilitating open communication with borrowers and Loan Processors at the branch or in the Corporate office....

Mortgage Loan Servicing Specialist - 744000054279925

  • Colorado Springs, CO
  • 24 days ago
  • Colorado Springs, CO
  • 24 days ago

This is not a remote eligible position.Minimum Formal Qualifications for this Mortgage Loan Servicing Specialist IPosition:High School Diploma/G.E.D. or equivalent1+ years' first mortgage lending or...

Lending Specialist - 744000053157552

  • Colorado Springs, CO
  • 30+ days ago
  • Colorado Springs, CO
  • 30+ days ago

Lending Specialist - Sales (Consumer Loan Officer) - ...552 Company Description Ent Credit Union exists to improve the financial quality of life of the people we serve....

Lending Specialist - 744000053158855

  • Fountain, CO (14 miles from Colorado Springs, CO)
  • 30+ days ago
  • Fountain, CO (14 miles from Colorado Springs, CO)
  • 30+ days ago

Lending Specialist - Sales (Consumer Loan Officer) - ...855 Company Description Ent Credit Union exists to improve the financial quality of life of the people we serve....

Mortgage Loan Servicing Specialist I, II, Or III (Depending

  • Colorado Springs, CO
  • 30+ days ago
  • Colorado Springs, CO
  • 30+ days ago

This is not a remote eligible position.Minimum Formal Qualifications for this Mortgage Loan Servicing Specialist IPosition:High School Diploma/G.E.D. or equivalent1+ years' first mortgage lending or...

Mortgage Loan Officer Colorado Springs, CO

  • Colorado Springs, CO
  • 45+ days ago
  • Colorado Springs, CO
  • 45+ days ago

Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....

Mortgage Loan Originator

  • Colorado Springs, CO
  • 45+ days ago
  • Colorado Springs, CO
  • 45+ days ago

work independently - Ability to analyze financial information - Effective verbal and written communication skills - Established referral base within assigned market preferred -2 years of mortgage loan...

Loan Officer - Colorado Springs, CO

  • Colorado Springs, CO
  • 60+ days ago
  • Colorado Springs, CO
  • 60+ days ago

As a Loan Officer, you manage borrowers complete loan transactions from start to finish, ensuring exemplary customer service throughout the process....

Mortgage Loan Officer - Greater Denver, CO

  • Colorado Springs, CO
  • 90+ days ago
  • Colorado Springs, CO
  • 90+ days ago

As a(n) Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Greater Denver, CO area....

Demographic Data for Colorado Springs, CO

Moving to Colorado Springs, CO? Find some basic demographic data about Colorado Springs, CO below.


Local
National
609,563
16,366
Large

Loan Officer Online Courses and Training Opportunities

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Title Synonyms

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Salary for Loan Officer Jobs in Colorado Springs, CO

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 Colorado Springs, CO 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 Colorado Springs, CO
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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