Loan Officer Jobs in Glen Ellyn, 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 70 Jobs

Loan Originator Assistant - Database Business Development (Part Time)

  • Glen Ellyn, IL
  • 17 hours ago
  • Glen Ellyn, IL
  • 17 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....

National Mortgage Loan Originator NMLS

  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 3 days ago
  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 3 days ago

Advises clients on the home buying or refinance process while assisting through the loan process from application to closing....

Small Business Lending Consultant

  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 3 days ago
  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 3 days ago

Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...

Remote Work

Leasing Credit Officer II

  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 3 days ago
  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 3 days ago

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...

Loan Sales Specialist - Bilingual (Bridgeport)

  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 4 days ago
  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 4 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...

Patient Financial Services Representative, Full Time - Days

  • Burr Ridge, IL (10 miles from Glen Ellyn, IL)
  • 4 days ago
  • Burr Ridge, IL (10 miles from Glen Ellyn, 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...

Mortgage Loan Originator

  • Orland Park, IL (20 miles from Glen Ellyn, IL)
  • 5 days ago
  • Orland Park, IL (20 miles from Glen Ellyn, IL)
  • 5 days ago

Responsibilities We are seeking a Mortgage Loan Originator with a strong sales orientation....

Asset & Wealth Management, Private Bank, Lending Associate - Chicago

  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 6 days ago
  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 6 days ago

identify and implement marketing initiatives to drive lending growth opportunities with senior lending advisors and PWM coverage teams Join prospect and client meetings with senior lending advisors...

Loan Sales Specialist - Bilingual (Rogers Park)

  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 7 days ago
  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 7 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...

Personal Loan Consultant

  • South Elgin, IL (15 miles from Glen Ellyn, IL)
  • 9 days ago
  • South Elgin, IL (15 miles from Glen Ellyn, 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...

Loan Officer - Bilingual

  • Schaumburg, IL (11 miles from Glen Ellyn, IL)
  • 11 days ago
  • Schaumburg, IL (11 miles from Glen Ellyn, 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....

Loan Servicing Specialist

  • Rosemont, IL (12 miles from Glen Ellyn, IL)
  • 11 days ago
  • Rosemont, IL (12 miles from Glen Ellyn, 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....

Loan Sales Specialist

  • Crest Hill, IL (21 miles from Glen Ellyn, IL)
  • 12 days ago
  • Crest Hill, IL (21 miles from Glen Ellyn, 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...

Associate Loan Executive

  • Wilmette, IL (22 miles from Glen Ellyn, IL)
  • 12 days ago
  • Wilmette, IL (22 miles from Glen Ellyn, IL)
  • 12 days ago

As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride...

Sr. Mortgage Banker MF Great Lakes

  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 12 days ago
  • Chicago, IL (20 miles from Glen Ellyn, IL)
  • 12 days ago

Minimum five years of experience in affordable multifamily real estate permanent lending with a proven track record of loan production....

Demographic Data for Glen Ellyn, IL

Moving to Glen Ellyn, IL? Find some basic demographic data about Glen Ellyn, IL below.


Local
National
38,985
1,061
Medium

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.
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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,...
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...
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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...

Title Synonyms

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Salary for Loan Officer Jobs in Glen Ellyn, 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 Glen Ellyn, IL offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.6%
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 Glen Ellyn, 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%



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