Loan Officer Jobs in Shelbyville, KY
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.
- Hurstbourne, KY (24 miles from Shelbyville, KY)
- 7 days ago
- Hurstbourne, KY (24 miles from Shelbyville, KY)
- 7 days ago
Position: Consumer Loan Specialist Company: Mariner Finance Location: On-site/in office Hours: full time - 40 hours per week Description Qualifications: 1+ years of experience in a sales position....
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...
- Jeffersontown, KY (21 miles from Shelbyville, KY)
- 19 days ago
- Jeffersontown, KY (21 miles from Shelbyville, KY)
- 19 days ago
Mortgage Loan Originator LOCATION -- Louisville, Kentucky 40299 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity...
Financial Services Representative
- Frankfort, KY (15 miles from Shelbyville, KY)
- 26 days ago
- Frankfort, KY (15 miles from Shelbyville, KY)
- 26 days ago
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Senior Loan Review Officer - Loan Review
- Frankfort, KY (15 miles from Shelbyville, KY)
- 45+ days ago
- Frankfort, KY (15 miles from Shelbyville, KY)
- 45+ days ago
ESSENTIAL DUTIES AND RESPONSIBILITIES: Thorough knowledge of commercial and consumer lending, banking laws and regulations, to effectively assist with the assessment of credit risk and the monitoring...
Job Title: Mortgage Loan Originator Summary of Duties and Responsibilities: We are looking for a sales-oriented mortgage professional to provide outstanding customer service in our mortgage lending...
Demographic Data for Shelbyville, KY
Moving to Shelbyville, KY? Find some basic demographic data about Shelbyville, KY below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Shelbyville, KY
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Shelbyville, KY 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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