Loan Officer Jobs in District of Columbia
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.
Role Requirements: 1+ years of mortgage origination experience as an active NMLS Loan Originator with multiple state licenses, or a Loan Originator working under a bank license (required) Physically...
Remote WorkRole Requirements: 1+ years of mortgage origination experience as an active NMLS Loan Originator with multiple state licenses, or a Loan Originator working under a bank license (required) Physically...
Remote WorkCommunity Mortgage Lending Officer - DC/MD/VA (Hybrid)
- Washington, DC
- 3 days ago
- Washington, DC
- 3 days ago
before engaging in mortgage loan originator activities....
Insight Global is seeking a Residential Loan Officer, Bilingual in Spanish and English, for one of our commercial banking clients....
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...
Diploma Minimum 2 years residential loan originations or processing experience in a mortgage banking company. Minimum 2 years of experience with state and federal lending regulations (e.g....
Originate and participate in presentations to educate audiences on mortgage products, rates and fees....
and unit's lending standard....
Maintains up-to-date knowledge on all Bank lending policies and regulations....
RESIDENTIAL LENDING LOAN OFFICER SENIOR WHAT IS THE OPPORTUNITY?...
Risk Management-Agency Multifamily Affordable Lead Credit Officer - Vice president
- Washington, DC
- 30+ days ago
- Washington, DC
- 30+ days ago
originations....
Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....
The ideal candidate has experience representing lenders and borrowers on commercial lending transactions, specifically including real estate, construction, corporate, and asset-based loan transactions...
Mortgage Lending Officer SAFE Act, DC (Hybrid)
- Washington, DC
- 45+ days ago
- Washington, DC
- 45+ days ago
Knowledge of the laws and regulations that govern consumer lending, including fair lending, privacy, and RESPA....
Must also meet one of the following 3 options: Actively funding more than 2 loans/month, or Xinnix Training completion for Loan Origination required, or Origination mentor assigned to new Loan Officer...
Demographic Data for District of Columbia
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Title Synonyms
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Salary for Loan Officer Jobs in District of Columbia
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in District of Columbia offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Federal National Morgage Association
- Mortgage Lending
- Consumer Lending
- Loan Origination
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Federal Housing Administration
- Jumbo Loans
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- VA Loans
- Private Banking
- Loan Processing
- OFAC
- Cross Selling
- Credit Underwriting
- Mortgage Processing
- Encompass
- Credit Analysis
- USDA
- Wealth Management
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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