Loan Officer Jobs in Maryland
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.
Administrative Assistant - Mortgage Operations
- Beltsville, MD
- 4 hours ago
- Beltsville, MD
- 4 hours ago
As a Mortgage Loan Assistant, you will work in tandem with our Loan Officers, Processors and Branch Leadership to assist and support the various aspects of the loan process....
Primary Responsibilities: Prepare credit packages for use by underwriters in the making of lending decisions on new loans, reviews and annual renewals....
EXTERNAL LOAN OFFICER- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...
Provide administrative assistance to the lending staff, including updating loan data in the credit union's computers, processing letters and assembling documentation for Member loans, and more....
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....
originators to apply....
A We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none....
As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Greater Washington, D.C. area or Maryland Beltway area. This position is primarily based in a PNC location....
As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Greater Washington, D.C. area or Maryland Beltway area. This position is primarily based in a PNC location....
M ember/Buyer Contact : Act as primary contact for members throughout the loan process....
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...
The Junior Loan Officer is responsible for many Loan Officer activities for the loan origination team....
204 - Commercial Underwriting East Potomac - Regional Credit Officer
- Cumberland, MD
- 8 days ago
- Cumberland, MD
- 8 days ago
Provides commercial loan process, procedure, loan structuring, policy and compliance training for retail branch associates....
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....
Financial Services Representative Have a passion for helping people? Join our team of Financial Services Representative where youll have dedicated time to focus on growth and career development,...
Demographic Data for Maryland
Moving to Maryland? Find some basic demographic data about Maryland 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 Maryland
Highest Education Level
Loan Officers in Maryland offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Fannie Mae
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- Private Banking
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Foreign Exchange
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Customer Relations
- High School Diploma
- Listening
- Retail
- Written Communication
- Verbal Communication
- Telephone Skills
- Negotiation
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- 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 »