Loan Officer Jobs in Arlington Heights, IL

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.

1-15 of 73 Jobs

Loan Sales Specialist (Bilingual)

  • Fox Lake, IL (21 miles from Arlington Heights, IL)
  • 21 hours ago
  • Fox Lake, IL (21 miles from Arlington Heights, IL)
  • 21 hours 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...

Mortgage Consultant I (Virtual, United States)

  • Oakbrook Terrace, IL (16 miles from Arlington Heights, IL)
  • 21 hours ago
  • Oakbrook Terrace, IL (16 miles from Arlington Heights, IL)
  • 21 hours ago

Qualifications and Preferred Skills Specialized mortgage lending courses preferred. Two years mortgage origination or loan operations experience preferred....

Loan Sales Specialist

  • Melrose Park, IL (15 miles from Arlington Heights, IL)
  • 22 hours ago
  • Melrose Park, IL (15 miles from Arlington Heights, IL)
  • 22 hours 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...

Financial Services Representative

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 1 day ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 1 day ago

Pay: $24.38 /Hr. Schedule: Monday - Friday 8am - 4:30pm Location: Rogers Park The Financial Services Representative is responsible for managing and overseeing the financial operations related to...

Loan Originator - (South Region)

  • Schaumburg, IL (7 miles from Arlington Heights, IL)
  • 1 day ago
  • Schaumburg, IL (7 miles from Arlington Heights, IL)
  • 1 day ago

The Loan Originator assists the borrower in determining the proper loan program, completing the loan application and gathering the required supporting documentation to begin the loan process....

Senior Loan Originator

  • Glen Ellyn, IL (17 miles from Arlington Heights, IL)
  • 1 day ago
  • Glen Ellyn, IL (17 miles from Arlington Heights, IL)
  • 1 day ago

The Loan Originator assists the borrower in determining the proper loan program, completing the loan application and gathering the required supporting documentation to begin the loan process....

Commercial Loan Officer

  • Elgin, IL (14 miles from Arlington Heights, IL)
  • 2 days ago
  • Elgin, IL (14 miles from Arlington Heights, IL)
  • 2 days ago

Commercial Loan Officer Build your portfolio. Lead with purpose. Lend where it matters....

Commercial Loan Officer

  • Schaumburg, IL (7 miles from Arlington Heights, IL)
  • 2 days ago
  • Schaumburg, IL (7 miles from Arlington Heights, IL)
  • 2 days ago

Commercial Loan Officer Build your portfolio. Lead with purpose. Lend where it matters....

Commercial Loan Officer

  • Geneva, IL (24 miles from Arlington Heights, IL)
  • 2 days ago
  • Geneva, IL (24 miles from Arlington Heights, IL)
  • 2 days ago

Commercial Loan Officer Build your portfolio. Lead with purpose. Lend where it matters....

Commercial Loan Officer

  • Saint Charles, IL (20 miles from Arlington Heights, IL)
  • 2 days ago
  • Saint Charles, IL (20 miles from Arlington Heights, IL)
  • 2 days ago

Commercial Loan Officer Build your portfolio. Lead with purpose. Lend where it matters....

Commercial Loan Officer

  • West Chicago, IL (19 miles from Arlington Heights, IL)
  • 2 days ago
  • West Chicago, IL (19 miles from Arlington Heights, IL)
  • 2 days ago

Commercial Loan Officer Build your portfolio. Lead with purpose. Lend where it matters....

Commercial Loan Officer

  • Elmhurst, IL (15 miles from Arlington Heights, IL)
  • 2 days ago
  • Elmhurst, IL (15 miles from Arlington Heights, IL)
  • 2 days ago

Commercial Loan Officer Build your portfolio. Lead with purpose. Lend where it matters....

Mortgage Loan Originator

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 3 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 3 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...

Sr Real Estate Construction Loan Administrator - R

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 3 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 3 days ago

Provides guidance on construction loan processing and may serve in a leadership role on related initiatives through expertise....

Remote Work

Agriculture Loan Officer

  • Waukegan, IL (18 miles from Arlington Heights, IL)
  • 6 days ago
  • Waukegan, IL (18 miles from Arlington Heights, IL)
  • 6 days ago

Agricultural Loan Officer Agriculture loan officers, or agricultural lenders, work to help farmers and rural citizens obtain funds needed to fund their operations, purchase property, and more....

Demographic Data for Arlington Heights, IL

Moving to Arlington Heights, IL? Find some basic demographic data about Arlington Heights, IL below.

Local
National
82,767
3,151
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.
Udemy
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...
FutureLearn
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...
FutureLearn
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,...
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Title Synonyms

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Salary for Loan Officer Jobs in Arlington Heights, IL

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 Arlington Heights, IL 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 Arlington Heights, IL
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%

Qualifications / Skill Sets

The following top skills are often required or desired to land a Loan Officer position

In-Demand skills () are the most popular among employers according to the current jobs in our database. Last updated today!

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