Loan Officer Jobs in Edgewood, 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 15 Jobs

Outside Mortgage Consultant

  • Edgewood, MD
  • 9 days ago
  • Edgewood, MD
  • 9 days ago

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

Loan Sales Specialist

  • Glen Burnie, MD (23 miles from Edgewood, MD)
  • 10 days ago
  • Glen Burnie, MD (23 miles from Edgewood, MD)
  • 10 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...

Consumer Loan Specialist

  • Woodlawn, MD (23 miles from Edgewood, MD)
  • 10 days ago
  • Woodlawn, MD (23 miles from Edgewood, MD)
  • 10 days ago

Consumer Loan Specialist Reports To Branch Manager FLSA Status Non- Exempt Schedule: Full-time, 40 hours Monday through Friday. Saturday hours required seasonally and as business needs require....

Loan Officer

  • White Marsh, MD (6 miles from Edgewood, MD)
  • 12 days ago
  • White Marsh, MD (6 miles from Edgewood, MD)
  • 12 days ago

Educates borrower on loan process and assists them in identifying an appropriate loan that suits their needs. Secures proper documentation needed for loan and manage loan process through closing....

Consumer Loan Originator

  • Sparks Glencoe, MD (22 miles from Edgewood, MD)
  • 13 days ago
  • Sparks Glencoe, MD (22 miles from Edgewood, MD)
  • 13 days ago

First Financial Federal Credit Union Job Description Job Title: Consumer Loan Originator Department: Consumer Lending Reports To: Consumer Lending Origination Supervisor Salary Grade(s): N/A EEO-1 Job...

Commercial Loan Review Officer

  • Hunt Valley, MD (20 miles from Edgewood, MD)
  • 17 days ago
  • Hunt Valley, MD (20 miles from Edgewood, MD)
  • 17 days ago

(Required) Experience 3 or more years commercial lending and credit training. (Required) 0 to 6 months formal credit training from a bank program or certified credit training program....

Loan Sales Specialist

  • Chestertown, MD (20 miles from Edgewood, MD)
  • 19 days ago
  • Chestertown, MD (20 miles from Edgewood, MD)
  • 19 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...

Account Executive (Mortgage Consultant) - Baltimore, MD

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

About Guidance Residential We are the largest and most respected Sharia-Compliant home financier in the United States. Our company has the most recognized brand worldwide, and has been endorsed by...

Leveraged Lending Associate

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

Education and Experience Preferred: MBA and 3 years previous work experience in Commercial Banking or a related field (Investment Banking, Leveraged Lending, Credit Underwriting)....

Private Mortgage Banker (SAFE)

  • Hunt Valley, MD (20 miles from Edgewood, MD)
  • 30+ days ago
  • Hunt Valley, MD (20 miles from Edgewood, MD)
  • 30+ days ago

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

Mortgage Loan Officer

  • White Marsh, MD (6 miles from Edgewood, MD)
  • 30+ days ago
  • White Marsh, MD (6 miles from Edgewood, MD)
  • 30+ days ago

As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Maryland, Delaware. This position is primarily based in a PNC location....

Mortgage Loan Officer

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

As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Maryland, Delaware. This position is primarily based in a PNC location....

Mortgage Originator

  • Edgewood, MD
  • 45+ days ago
  • Edgewood, MD
  • 45+ days ago

Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....

Retail Mortgage Loan Originator

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

Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....

Consumer Investments - Financial Services Representative

  • Hunt Valley, MD (20 miles from Edgewood, MD)
  • 45+ days ago
  • Hunt Valley, MD (20 miles from Edgewood, MD)
  • 45+ 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...

Demographic Data for Edgewood, MD

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


Local
National
25,138
327
Medium

Loan Officer Online Courses and Training Opportunities

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Title Synonyms

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Salary for Loan Officer Jobs in Edgewood, 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 Edgewood, MD offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Edgewood, 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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