Loan Officer Jobs in Iowa
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.
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 Workprocess 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...
If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our Altoona, IA branch. Whats Important to You We know your career is...
Ability to 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...
If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our Ames, IA S. Duff Ave. branch. Whats Important to You We know your...
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...
Indirect Loan Officer - FT Full-Time Indirect Lending Hybrid-Remote Des Moines Metro Area, Ankeny, IA, US +2 More Locations 4 days ago Requisition ID: 3454 This is a hybrid position that requires individual...
Dexian is seeking a Financial Services Representative II for an opportunity with a client located in West Des Moines, IA. Responsibilities: Providing personalized customer service in person and...
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...
Manage client applications, lock interest rates, and ensure accurate and timely loan processing....
Salary Confidential Position range in Sioux City, IA-NE-SD Metropolitan Statistical Area $18.63 - $22.91 Per hour Mortgage Loan Originator PRIMEBANK Occupation: Loan Interviewers and Clerks Location...
Reverse Mortgage Originator Development Program
- Des Moines, IA
- 30+ days ago
- Des Moines, IA
- 30+ days ago
originators to apply....
Remote WorkBuilders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....
to perform research and analysis while following specific procedures An understanding of loan processing, finance/banking Administrative skills Knowledge of banking operations If you have the described...
Required Skills and Experience: 6+ months of Loan Workout or Commercial Lending experience Knowledge of collection law (ideal) Experience with litigation (specifically civil procedures) Experience as...
Demographic Data for Iowa
Moving to Iowa? Find some basic demographic data about Iowa 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 Iowa
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Iowa 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
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Officer Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »