Loan Officer Jobs in Columbia, 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.
Senior Loan Review Officer - Loan Review
- Glenn Dale, MD (15 miles from Columbia, MD)
- 1 hour ago
- Glenn Dale, MD (15 miles from Columbia, 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 (16 miles from Columbia, MD)
- 4 hours ago
- Bowie, MD (16 miles from Columbia, 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- Washington, DC (22 miles from Columbia, MD)
- 1 day ago
- Washington, DC (22 miles from Columbia, MD)
- 1 day ago
Previous experience in a mortgage-licensed role providing support to Loan Officers and interacting with borrowers....
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...
Mortgage Loan Originator Retail - Remote Washington DC
- Washington, DC (22 miles from Columbia, MD)
- 6 days ago
- Washington, DC (22 miles from Columbia, MD)
- 6 days ago
Minimum of one (1) year of experience working as a Loan Originator is required Must possess, or have the ability to possess upon hire, a Mortgage Loan Originator (MLO) license per the SAFE Act; may...
Remote WorkConsumer Investments - Financial Services Representative - Hunt Valley, MD
- Hunt Valley, MD (22 miles from Columbia, MD)
- 6 days ago
- Hunt Valley, MD (22 miles from Columbia, 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...
- Towson, MD (19 miles from Columbia, MD)
- 9 days ago
- Towson, MD (19 miles from Columbia, 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...
Executive Loan Officer (Washington)
- Washington, DC (22 miles from Columbia, MD)
- 11 days ago
- Washington, DC (22 miles from Columbia, MD)
- 11 days ago
As an Executive Loan Officer, you'll be the face of Rocket Mortgage to clients in your local community....
Executive Loan Officer (Indiana)
- Washington, DC (22 miles from Columbia, MD)
- 12 days ago
- Washington, DC (22 miles from Columbia, MD)
- 12 days ago
As an Executive Loan Officer, youll be the face of Rocket Mortgage to clients in your local community....
Remote WorkLoan Assistant/Loan Specialist (Agrl)
- Washington, DC (22 miles from Columbia, MD)
- 13 days ago
- Washington, DC (22 miles from Columbia, MD)
- 13 days ago
Officers (FLOs) are required to successfully complete all of the requirements of the Farm Loan Training Program....
- Washington, DC (22 miles from Columbia, MD)
- 13 days ago
- Washington, DC (22 miles from Columbia, MD)
- 13 days ago
Knowledge of related state and federal lending and compliance regulations and other bank lending policies....
Executive Loan Officer (Tennessee)
- Washington, DC (22 miles from Columbia, MD)
- 14 days ago
- Washington, DC (22 miles from Columbia, MD)
- 14 days ago
As an Executive Loan Officer, youll be the face of Rocket Mortgage to clients in your local community....
Remote WorkFinancial Services Representative, College Graduate - Bethesda, MD
- Bethesda, MD (19 miles from Columbia, MD)
- 15 days ago
- Bethesda, MD (19 miles from Columbia, MD)
- 15 days ago
Financial Representative We believe that as a Financial Representative, you make a key impact on the branch atmosphere, as the official face of Fidelity. Through integrity and honesty, we know you...
- Riverdale, MD (16 miles from Columbia, MD)
- 15 days ago
- Riverdale, MD (16 miles from Columbia, MD)
- 15 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...
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...
Demographic Data for Columbia, MD
Moving to Columbia, MD? Find some basic demographic data about Columbia, MD 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 Columbia, MD
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Columbia, MD 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
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 »