Loan Officer Jobs in Newark, DE

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.

1-14 of 14 Jobs

Reverse Mortgage Loan Officer - R-102167-2554

  • Middletown, DE (9 miles from Newark, DE)
  • 3 days ago
  • Middletown, DE (9 miles from Newark, DE)
  • 3 days ago

Ensure the customer understands the loan process from application through closing....

Fair & Responsible Banking Officer

  • Wilmington, DE (12 miles from Newark, DE)
  • 6 days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 6 days ago

Job Description At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive....

AVP Commercial Credit Officer II (Hybrid)

  • Wilmington, DE (12 miles from Newark, DE)
  • 7 days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 7 days ago

Overview Work Arrangement: After the initial training period, this is a hybrid role, working onsite in either our Morrisville, NC, Wilmington, DE or Norristown, PA offices.* Performs complex...

Community Lending Mortgage Banker

  • Newark, DE
  • 13 days ago
  • Newark, DE
  • 13 days ago

Community Loan Officer duties include outside sales activities to cultivate new business and expand CNB's client relationships through the sale of mortgage loan products and services, uses consultative...

Loan Officer Assistant - Enterprise

  • Wilmington, DE (12 miles from Newark, DE)
  • 24 days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 24 days ago

Diploma * Minimum 2 years residential loan originations or processing experience in a mortgage banking company. And * Minimum 2 years of experience with state and federal lending regulations (e.g....

Financial Services Representative Mental Health

  • Salem, NJ (15 miles from Newark, DE)
  • 25 days ago
  • Salem, NJ (15 miles from Newark, DE)
  • 25 days ago

Description CSPNJ, a mental health nonprofit agency, is looking for a full-time Financial Services Representative (FSR) for Salem County. Under the direction of the Director of Financial Services,...

Reverse Mortgage Loan Officer

  • Middletown, DE (9 miles from Newark, DE)
  • 30+ days ago
  • Middletown, DE (9 miles from Newark, DE)
  • 30+ days ago

Ensure the customer understands the loan process from application through closing....

Mortgage Loan Officer

  • Bear, DE (1 mile from Newark, DE)
  • 30+ days ago
  • Bear, DE (1 mile from Newark, DE)
  • 30+ days ago

As a Loan Officer for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes....

Initiate and reconcile automated funds movement in accordance with client/lender instructions....

Mortgage Loan Officer

  • Logan Township, NJ (21 miles from Newark, DE)
  • 60+ days ago
  • Logan Township, NJ (21 miles from Newark, DE)
  • 60+ days ago

Ensures loan originations are in accordance with regulatory compliance. Ensures documentation is completed in accordance with regulatory compliance....

Mortgage Loan Officer - Outside Sales

  • Wilmington, DE (12 miles from Newark, DE)
  • 60+ days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 60+ days ago

Experience in the Fulton Mortgage Company Associate Mortgage Loan Officer Program may be accepted in lieu of 1 year required residential mortgage lending experience. 1 or more years Proven ability to...

Mortgage Loan Officer

  • Wilmington, DE (12 miles from Newark, DE)
  • 90+ days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 90+ days ago

As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Philadelphia, PA or surrounding areas to include Bucks County, Wilmington, DE and South Jersey....

Residential Mortgage Assistant Sales Manager

  • Wilmington, DE (12 miles from Newark, DE)
  • 90+ days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 90+ days ago

Assist, support, and respond to requests and directives from the Residential Mortgage Sales Manager. Must adhere to the requirements of federal registration under the SAFE Act. Primary...

Mortgage Originator

  • Wilmington, DE (12 miles from Newark, DE)
  • 90+ days ago
  • Wilmington, DE (12 miles from Newark, DE)
  • 90+ days ago

Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....

Demographic Data for Newark, DE

Moving to Newark, DE? Find some basic demographic data about Newark, DE below.


Local
National
142,240
3,583
Medium/Lg

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.
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,...
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...

Title Synonyms

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Salary for Loan Officer Jobs in Newark, DE

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 Newark, DE 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 in Newark, DE
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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