Loan Officer Jobs in Mcdonough, GA

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.

1-10 of 10 Jobs

Financial Services Representative

  • Jackson, GA (12 miles from Mcdonough, GA)
  • 19 hours ago
  • Jackson, GA (12 miles from Mcdonough, GA)
  • 19 hours ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Personal Loan Consultant

  • McDonough, GA
  • 1 day ago
  • McDonough, GA
  • 1 day ago

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...

Sr. Consumer Loan Specialist - Sales Customer Service

  • Stockbridge, GA (10 miles from Mcdonough, GA)
  • 7 days ago
  • Stockbridge, GA (10 miles from Mcdonough, GA)
  • 7 days ago

Assists potential borrowers by explaining the loan process, answering questions regarding loan products and loan processing....

Loan Sales Specialist

  • Jonesboro, GA (16 miles from Mcdonough, GA)
  • 8 days ago
  • Jonesboro, GA (16 miles from Mcdonough, GA)
  • 8 days ago

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...

Loan Sales Specialist

  • McDonough, GA
  • 8 days ago
  • McDonough, GA
  • 8 days ago

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...

Sr. Loan Consultant

  • McDonough, GA
  • 20 days ago
  • McDonough, GA
  • 20 days ago

Make loan decisions up to established lending limits or recommend loan decisions; process consumer loans; close consumer loans; collect accounts in varying stages of delinquency....

Loan Officer

  • McDonough, GA
  • 30+ days ago
  • McDonough, GA
  • 30+ days ago

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...

Retail Mortgage Loan Originator

  • Decatur, GA (24 miles from Mcdonough, GA)
  • 60+ days ago
  • Decatur, GA (24 miles from Mcdonough, GA)
  • 60+ days ago

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....

Mortgage Loan Officer

  • Stockbridge, GA (10 miles from Mcdonough, GA)
  • 60+ days ago
  • Stockbridge, GA (10 miles from Mcdonough, GA)
  • 60+ days ago

Responsibilities: Collaborate with internal and external partners (e.g. loan officer assistant, loan opener, loan processor, underwriter, referral partners, escrow, title, etc.) on behalf of the applicant...

Community Lending Officer - Loganville

  • Loganville, GA (24 miles from Mcdonough, GA)
  • 90+ days ago
  • Loganville, GA (24 miles from Mcdonough, GA)
  • 90+ days ago

process from application to close....

Demographic Data for Mcdonough, GA

Moving to Mcdonough, GA? Find some basic demographic data about Mcdonough, GA below.


Local
National
111,727
2,221
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.
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...
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,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

Title Synonyms

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Salary for Loan Officer Jobs in Mcdonough, GA

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 Mcdonough, GA offer the following education background
Bachelor's Degree
38.1%
High School or GED
20.6%
Master's Degree
13.8%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.2%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Mcdonough, GA
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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