Loan Officer Jobs in Torrington, CT
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.
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Hartford, CT (24 miles from Torrington, CT)
- 8 days ago
- Hartford, CT (24 miles from Torrington, CT)
- 8 days ago
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Bristol, CT (14 miles from Torrington, CT)
- 8 days ago
- Bristol, CT (14 miles from Torrington, CT)
- 8 days ago
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Windsor, CT (24 miles from Torrington, CT)
- 8 days ago
- Windsor, CT (24 miles from Torrington, CT)
- 8 days ago
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
This position would be to assist the loan officers with creating and preparing the loan packages. 2 years of commercial banking experience is required....
Reverse Mortgage Originator Development Program
- Hartford, CT (24 miles from Torrington, CT)
- 30+ days ago
- Hartford, CT (24 miles from Torrington, CT)
- 30+ days ago
originators to apply....
Remote Work- New Hartford, CT (6 miles from Torrington, CT)
- 30+ days ago
- New Hartford, CT (6 miles from Torrington, CT)
- 30+ days ago
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Hartford, CT (24 miles from Torrington, CT)
- 30+ days ago
- Hartford, CT (24 miles from Torrington, CT)
- 30+ days ago
Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....
Residential & Consumer Mortgage Loan Originator
- Windsor, CT (24 miles from Torrington, CT)
- 30+ days ago
- Windsor, CT (24 miles from Torrington, CT)
- 30+ days ago
At Windsor Federal Bank, the Residential & Consumer Mortgage Loan Originator serves as a trusted advisor and lending expert, guiding clients through the stages of the mortgage and consumer loan processfrom...
- Hartford, CT (24 miles from Torrington, CT)
- 30+ days ago
- Hartford, CT (24 miles from Torrington, CT)
- 30+ days ago
A local community bank is looking to add a new SBA Commercial Loan Officer to their team. This organization is a long-standing bank with a great reputation!...
- Hartford, CT (24 miles from Torrington, CT)
- 90+ days ago
- Hartford, CT (24 miles from Torrington, CT)
- 90+ days ago
Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....
Demographic Data for Torrington, CT
Moving to Torrington, CT? Find some basic demographic data about Torrington, CT below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Torrington, CT
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Torrington, CT offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- VA Loans
- BSA
- Loan Processing
- Federal National Morgage Association
- Commercial Lending
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Customer Satisfaction
- Finance
- Closing
- Collections
- Business Development
- Retail
- Customer Relations
- High School Diploma
- Negotiation
- Written Communication
- Documentation
- Accounting
- Employee Development
- Verbal Communication
- Telephone Skills
- Policy Development
- Filing
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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