Loan Officer Jobs in Baltimore, MD

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 31 Jobs

Senior Loan Review Officer - Loan Review

  • Glenn Dale, MD (23 miles from Baltimore, MD)
  • 1 hour ago
  • Glenn Dale, MD (23 miles from Baltimore, MD)
  • 1 hour 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...

Loan Review Officer - Loan Review

  • Bowie, MD (21 miles from Baltimore, MD)
  • 4 hours ago
  • Bowie, MD (21 miles from Baltimore, MD)
  • 4 hours ago

Use thorough knowledge of commercial and consumer lending, banking laws and regulations, to effectively assist with the assessment of credit risk and the monitoring of compliance with loan policy, policies...

Remote Work

Business Banking Loan Officer - Baltimore

  • Edgewood, MD (20 miles from Baltimore, MD)
  • 2 days ago
  • Edgewood, MD (20 miles from Baltimore, MD)
  • 2 days ago

Experience: Seven plus years of direct commercial lending as a loan officer to include analyzing loan applicants, credit history, income, asset profiles, tax returns, financial statements, and other...

Mortgage Consultant

  • Columbia, MD (15 miles from Baltimore, MD)
  • 4 days ago
  • Columbia, MD (15 miles from Baltimore, MD)
  • 4 days ago

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications. We deliver on this mission by empowering...

Consumer Investments - Financial Services Representative - Hunt Valley, MD

  • Hunt Valley, MD (13 miles from Baltimore, MD)
  • 6 days ago
  • Hunt Valley, MD (13 miles from Baltimore, MD)
  • 6 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. Responsible Growth is how we run our company and...

Mortgage Originator

  • Towson, MD (7 miles from Baltimore, MD)
  • 9 days ago
  • Towson, MD (7 miles from Baltimore, MD)
  • 9 days ago

guidelines, federal lending regulations governing real estate lending and residential mortgage processing, closing procedures, appraisals and contracts; and features and benefits of Bank loan products...

Inside Mortgage Consultant

  • Bel Air, MD (22 miles from Baltimore, MD)
  • 12 days ago
  • Bel Air, MD (22 miles from Baltimore, MD)
  • 12 days ago

Member Contact : Act as primary contact for members throughout the loan process....

Loan Officer

  • Columbia, MD (15 miles from Baltimore, MD)
  • 16 days ago
  • Columbia, MD (15 miles from Baltimore, MD)
  • 16 days ago

Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications. We deliver on this mission by empowering...

Loan Sales Specialist

  • Randallstown, MD (11 miles from Baltimore, MD)
  • 17 days ago
  • Randallstown, MD (11 miles from Baltimore, MD)
  • 17 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...

Outside Mortgage Consultant

  • Bel Air, MD (22 miles from Baltimore, MD)
  • 18 days ago
  • Bel Air, MD (22 miles from Baltimore, MD)
  • 18 days ago

Member/Buyer Contact : Act as primary contact for members throughout the loan process....

Life Services Financial Services Representative Life Services Financial Services Representative

  • Cockeysville, MD (13 miles from Baltimore, MD)
  • 20 days ago
  • Cockeysville, MD (13 miles from Baltimore, MD)
  • 20 days ago

Life Services Financial Services Representative Bank of America 3.2 ( ) Cockeysville, MD Why you should apply for a job to Bank of America : Ranked as one of the 57% say women are treated fairly...

Senior Mortgage Loan Officer - Outside Sales

  • Annapolis, MD (21 miles from Baltimore, MD)
  • 21 days ago
  • Annapolis, MD (21 miles from Baltimore, MD)
  • 21 days ago

(Required) Experience 4 or more years recent residential mortgage lending experience to include experience in the local market....

Private Mortgage Banker (SAFE)

  • Hunt Valley, MD (13 miles from Baltimore, MD)
  • 22 days ago
  • Hunt Valley, MD (13 miles from Baltimore, MD)
  • 22 days ago

About this role: Wells Fargo is seeking an CA-WA Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending....

Dominate the Fintech Funding Game as a Loan Broker

  • Baltimore, MD
  • 28 days ago
  • Baltimore, MD
  • 28 days ago

Earn up to $10,000 per funded deal Access 290+ lenders no collateral, no appraisals Proven success formula our top Coaches come from sales, finance, real estate, and consulting Fully remote 1099 opportunity...

Remote Work

Senior Commercial Real Estate Credit Officer

  • Hunt Valley, MD (13 miles from Baltimore, MD)
  • 30+ days ago
  • Hunt Valley, MD (13 miles from Baltimore, MD)
  • 30+ days ago

Responsible for the execution of the corporation's Commercial Real Estate lending policies, procedures as well as the overall quality of the lending portfolio throughout their assigned market....

Demographic Data for Baltimore, MD

Moving to Baltimore, MD? Find some basic demographic data about Baltimore, MD below.


Local
National
606,269
12,784
Large

Loan Officer Online Courses and Training Opportunities

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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,...
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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...

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Salary for Loan Officer Jobs in Baltimore, MD

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 Baltimore, MD 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 Baltimore, MD
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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