Loan Officer Jobs in Elkton, 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.
- Bear, DE (8 miles from Elkton, MD)
- 7 days ago
- Bear, DE (8 miles from Elkton, MD)
- 7 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...
Mortgage Loan Officer- New Castle County, DE - R-102852-2554
- New Castle, DE (14 miles from Elkton, MD)
- 11 days ago
- New Castle, DE (14 miles from Elkton, MD)
- 11 days ago
Ensure the customer understands the loan process from application through closing....
- Bear, DE (8 miles from Elkton, MD)
- 16 days ago
- Bear, DE (8 miles from Elkton, MD)
- 16 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....
- Wilmington, DE (19 miles from Elkton, MD)
- 27 days ago
- Wilmington, DE (19 miles from Elkton, MD)
- 27 days ago
Position: Personal 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....
Senior Commercial Real Estate Credit Officer
- Greenville, DE (18 miles from Elkton, MD)
- 30+ days ago
- Greenville, DE (18 miles from Elkton, 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....
- Greenville, DE (18 miles from Elkton, MD)
- 30+ days ago
- Greenville, DE (18 miles from Elkton, MD)
- 30+ days ago
Responsible for the execution of the corporation's lending policies, procedures as well as the overall quality of the lending portfolio throughout their assigned market....
Mortgage Loan Officer- New Castle County, DE
- New Castle, DE (14 miles from Elkton, MD)
- 30+ days ago
- New Castle, DE (14 miles from Elkton, MD)
- 30+ days ago
The Mortgage Loan Officer will market and originate residential mortgage loans....
Loan Servicing Specialist - Accountant Basic (1-3 years)
- Newark, DE (8 miles from Elkton, MD)
- 45+ days ago
- Newark, DE (8 miles from Elkton, MD)
- 45+ days ago
Job Description: Wholesale Lending Services: Wholesale Lending Services (WLS) is part of the Client providing lending servicing support to multiple business units across the firm and around the world...
Experience in the Fulton Mortgage Company Associate Mortgage Loan Officer Program may be accepted in lieu of 1 year required residential mortgage lending experience....
AVP Commercial Credit Officer II (Hybrid)
- Wilmington, DE (19 miles from Elkton, MD)
- 60+ days ago
- Wilmington, DE (19 miles from Elkton, MD)
- 60+ days ago
Overview Work Arrangement: After the initial training period, this is a hybrid role, working onsite in either our Morrisville, NC, Wilmington, DE or Norristown, PA offices.* Performs complex...
- Middletown, DE (14 miles from Elkton, MD)
- 90+ days ago
- Middletown, DE (14 miles from Elkton, MD)
- 90+ days ago
Ensure the customer understands the loan process from application through closing....
- Wilmington, DE (19 miles from Elkton, MD)
- 90+ days ago
- Wilmington, DE (19 miles from Elkton, MD)
- 90+ days ago
As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Philadelphia, PA or surrounding areas to include Bucks County, Wilmington, DE and South Jersey....
Demographic Data for Elkton, MD
Moving to Elkton, MD? Find some basic demographic data about Elkton, MD below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Elkton, MD
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Elkton, 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
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