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.
Loan Originator Assistant - Database Business Development (Part Time)
- Glen Ellyn, IL (11 miles from Aurora, IL)
- 16 hours ago
- Glen Ellyn, IL (11 miles from Aurora, IL)
- 16 hours ago
To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market....
Patient Financial Services Representative, Full Time - Days
- Burr Ridge, IL (17 miles from Aurora, IL)
- 4 days ago
- Burr Ridge, IL (17 miles from Aurora, IL)
- 4 days ago
Be part of a world-class academic healthcare system, Ingalls Memorial Hospital, as a Patient Financial Services Representative in the PFS Medicare and Commercial department. In this role as a...
- South Elgin, IL (14 miles from Aurora, IL)
- 9 days ago
- South Elgin, IL (14 miles from Aurora, IL)
- 9 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...
- Schaumburg, IL (19 miles from Aurora, IL)
- 11 days ago
- Schaumburg, IL (19 miles from Aurora, IL)
- 11 days ago
Loan Origination and Advisory: Originate and prepare new loans meticulously, adhering to federal, state, and company regulations outlined in the "Loan Officer" agreement....
- Rosemont, IL (23 miles from Aurora, IL)
- 11 days ago
- Rosemont, IL (23 miles from Aurora, IL)
- 11 days ago
To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market....
- Crest Hill, IL (17 miles from Aurora, IL)
- 12 days ago
- Crest Hill, IL (17 miles from Aurora, IL)
- 12 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...
- Joliet, IL (17 miles from Aurora, IL)
- 13 days ago
- Joliet, IL (17 miles from Aurora, IL)
- 13 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...
Mortgage Loan Officer- Various Locations
- Naperville, IL (6 miles from Aurora, IL)
- 13 days ago
- Naperville, IL (6 miles from Aurora, IL)
- 13 days ago
Preferred Skills and/or Experience: Approximately three years of experience in mortgage lending or a related field is preferred....
Financial Services Representative
- Plainfield, IL (15 miles from Aurora, IL)
- 15 days ago
- Plainfield, IL (15 miles from Aurora, IL)
- 15 days ago
Position Type: Regular Your opportunity At Schwab, youre empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo...
Licensed Financial Services Representative
- Plainfield, IL (15 miles from Aurora, IL)
- 15 days ago
- Plainfield, IL (15 miles from Aurora, IL)
- 15 days ago
Position Type: Regular Your opportunity At Schwab, youre empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo...
- East Dundee, IL (22 miles from Aurora, IL)
- 17 days ago
- East Dundee, IL (22 miles from Aurora, IL)
- 17 days ago
Min score needed for 100 % LTV VA loans is a 500. USDA at 100% LTV requires a 550 score. Manual underwriting available for FHA & VA loans down to a 500 credit score....
Remote WorkFinancial Services Representative
- Crest Hill, IL (17 miles from Aurora, IL)
- 20 days ago
- Crest Hill, IL (17 miles from Aurora, IL)
- 20 days ago
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
- Joliet, IL (17 miles from Aurora, IL)
- 21 days ago
- Joliet, IL (17 miles from Aurora, IL)
- 21 days ago
At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and...
- Lombard, IL (14 miles from Aurora, IL)
- 21 days ago
- Lombard, IL (14 miles from Aurora, IL)
- 21 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...
- Schaumburg, IL (19 miles from Aurora, IL)
- 30+ days ago
- Schaumburg, IL (19 miles from Aurora, IL)
- 30+ days ago
Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are...
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
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Credit Underwriting
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Sales Management
- Referrals
- Customer Satisfaction
- Collections
- Finance
- Closing
- Accounting
- Customer Relations
- Retail
- High School Diploma
- Business Development
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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