Loan Officer Jobs in Merrillville, IN

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

  • Matteson, IL (22 miles from Merrillville, IN)
  • 2 days ago
  • Matteson, IL (22 miles from Merrillville, IN)
  • 2 days ago

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

Mortgage Loan Originator

  • Chicago Heights, IL (14 miles from Merrillville, IN)
  • 3 days ago
  • Chicago Heights, IL (14 miles from Merrillville, IN)
  • 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...

Agriculture Loan Officer

  • Hobart, IN (4 miles from Merrillville, IN)
  • 21 days ago
  • Hobart, IN (4 miles from Merrillville, IN)
  • 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....

Sr CRA Loan Specialist

  • Olympia Fields, IL (19 miles from Merrillville, IN)
  • 22 days ago
  • Olympia Fields, IL (19 miles from Merrillville, IN)
  • 22 days ago

Attend and participate in all Consumer Lending meetings as required by management....

Consumer Loan Specialist

  • Griffith, IN (6 miles from Merrillville, IN)
  • 22 days ago
  • Griffith, IN (6 miles from Merrillville, IN)
  • 22 days ago

Deliver Exceptional Service: Provide outstanding support to both new and existing customers, guiding them through the loan process with care and professionalism....

Mortgage Loan Officer

  • Crown Point, IN (5 miles from Merrillville, IN)
  • 30+ days ago
  • Crown Point, IN (5 miles from Merrillville, IN)
  • 30+ days ago

Submit completed loan applications and all supporting documents to loan processing to begin processing of the loan....

Mortgage Loan Originator

  • Schererville, IN (6 miles from Merrillville, IN)
  • 30+ days ago
  • Schererville, IN (6 miles from Merrillville, IN)
  • 30+ days ago

Mortgage Loan Originator LOCATION -- Crown Point, Indiana 46307 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity...

Mortgage Loan Officer - North Carolina

  • Glenwood, IL (15 miles from Merrillville, IN)
  • 30+ days ago
  • Glenwood, IL (15 miles from Merrillville, IN)
  • 30+ days ago

Job Description: At Regions, the Mortgage Loan Officer directs origination of residential mortgage loans from a borrower through a branch network....

Loan Sales Specialist

  • Matteson, IL (22 miles from Merrillville, IN)
  • 90+ days ago
  • Matteson, IL (22 miles from Merrillville, IN)
  • 90+ 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

  • Chesterton, IN (17 miles from Merrillville, IN)
  • 90+ days ago
  • Chesterton, IN (17 miles from Merrillville, IN)
  • 90+ days ago

Summary/Objective The Patient Financial Services Representative provides leadership, direction, and support for delivering world class results while providing efficiency and effectiveness for the...

Demographic Data for Merrillville, IN

Moving to Merrillville, IN? Find some basic demographic data about Merrillville, IN below.


Local
National
39,471
1,597
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.
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 Merrillville, IN

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 Merrillville, IN 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 Merrillville, IN
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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