Loan Officer Jobs in Aurora, 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.
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
- St Charles, IL (10 miles from Aurora, IL)
- 21 hours ago
- St Charles, IL (10 miles from Aurora, IL)
- 21 hours ago
Liaison between Mortgage center staff, Central Loan Processing and Loan Officer. Actively cross-sells bank related products in a professional manner and processes customers transactions as needed....
- St Charles, IL (10 miles from Aurora, IL)
- 1 day ago
- St Charles, IL (10 miles from Aurora, IL)
- 1 day ago
Title: Commercial Loan Officer – Community Bank Expansion Description: Join a well-capitalized, growth-focused community bank expanding its commercial lending presence....
- Naperville, IL (6 miles from Aurora, IL)
- 1 day ago
- Naperville, IL (6 miles from Aurora, IL)
- 1 day ago
Title: Commercial Loan Officer – Community Bank Expansion Description: Join a well-capitalized, growth-focused community bank expanding its commercial lending presence....
Deliver Exceptional Service: Provide outstanding support to both new and existing customers, guiding them through the loan process with care and professionalism....
- Elk Grove Village, IL (20 miles from Aurora, IL)
- 3 days ago
- Elk Grove Village, IL (20 miles from Aurora, 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...
- Crest Hill, IL (17 miles from Aurora, IL)
- 8 days ago
- Crest Hill, IL (17 miles from Aurora, IL)
- 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...
Community Lending Officer - Irving Park Community Lending Officer - Irving Park
- Hanover Park, IL (14 miles from Aurora, IL)
- 20 days ago
- Hanover Park, IL (14 miles from Aurora, IL)
- 20 days ago
process from application to close....
Community Lending Officer - Hanover Park Community Lending Officer - Hanover Park
- Hanover Park, IL (14 miles from Aurora, IL)
- 20 days ago
- Hanover Park, IL (14 miles from Aurora, IL)
- 20 days ago
process from application to close....
- New Lenox, IL (24 miles from Aurora, IL)
- 21 days ago
- New Lenox, IL (24 miles from Aurora, IL)
- 21 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....
- Rolling Meadows, IL (23 miles from Aurora, IL)
- 22 days ago
- Rolling Meadows, IL (23 miles from Aurora, IL)
- 22 days ago
Attend and participate in all Consumer Lending meetings as required by management....
- Naperville, IL (6 miles from Aurora, IL)
- 24 days ago
- Naperville, IL (6 miles from Aurora, IL)
- 24 days ago
Mortgage Loan Originator Compensation for this position is largely incentive-based. Incentives are combined with either a base salary or a draw, resulting in total cash compensation....
Commercial Loan Administrative Assistant
- Itasca, IL (17 miles from Aurora, IL)
- 29 days ago
- Itasca, IL (17 miles from Aurora, IL)
- 29 days ago
Provide administrative support for multiple loan officers....
Mortgage Loan Officer - Chicago, IL
- Downers Grove, IL (12 miles from Aurora, IL)
- 30+ days ago
- Downers Grove, IL (12 miles from Aurora, IL)
- 30+ days ago
NOTE: This position is considered to be a Mortgage Loan Originator under the SAFE Act and Loan Originator under the Truth in Lending Act. Registration and additional qualifications required....
Remote WorkResidential Loan Officer - Elgin
- Elgin, IL (15 miles from Aurora, IL)
- 30+ days ago
- Elgin, IL (15 miles from Aurora, IL)
- 30+ days ago
The Residential Loan Officer is responsible for the origination of regulatory compliant residential loan applications and for developing client referral relationships with realtors, builders, attorneys...
Demographic Data for Aurora, IL
Moving to Aurora, IL? Find some basic demographic data about Aurora, IL below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Officer Jobs in Aurora, IL
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Aurora, IL 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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