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.

1-15 of 36 Jobs

Consumer Loan Specialist

  • Salisbury, MD
  • 21 hours ago
  • Salisbury, MD
  • 21 hours 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....

Loan Originator NE, Frederick, MD

  • Frederick, MD
  • 1 day ago
  • Frederick, MD
  • 1 day ago

May supervise and direct the activities of other loan officer(s), loan officer assistant(s), or loan processor(s). Other duties as assigned....

Loan Originator NE, Frederick, MD

  • Frederick, MD
  • 2 days ago
  • Frederick, MD
  • 2 days ago

Under the direction of the Branch and/or Production Manager, markets and promotes PrimeLending products and services to its client base of realtors, builders, bank officers and potential and past...

Mortgage Loan Officer, Consumer Direct

  • Owings Mills, MD
  • 4 days ago
  • Owings Mills, MD
  • 4 days ago

Our Consumer Direct Mortgage Loan Officer advises customers of all their mortgage options....

Loan Sales Specialist

  • Frederick, MD
  • 5 days ago
  • Frederick, MD
  • 5 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

  • Columbia, MD
  • 5 days ago
  • Columbia, MD
  • 5 days ago

As a Mortgage Loan Officer within PNC's Mortgage organization, we have opportunities in SE PA, S Delaware or Southern Maryland, Howard County, Baltimore, MD area....

Retail Banking Officer - Arbutus

  • Catonsville, MD
  • 6 days ago
  • Catonsville, MD
  • 6 days ago

Strong consumer lending skills are preferred with a solid understanding of consumer lending products....

Mortgage Originator

  • Rockville, MD
  • 6 days ago
  • Rockville, MD
  • 6 days ago

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

Mortgage Loan Officer

  • Annapolis, MD
  • 7 days ago
  • Annapolis, MD
  • 7 days ago

As a Mortgage Loan Officer within PNC's Mortgage organization, we have opportunities in SE PA, S Delaware or Southern Maryland, Howard County, Baltimore, MD area....

Private Mortgage Banker (SAFE)

  • Hunt Valley, MD
  • 14 days ago
  • Hunt Valley, MD
  • 14 days ago

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

Community Lending Mortgage Banker

  • Annapolis, MD
  • 15 days ago
  • Annapolis, MD
  • 15 days ago

Community Loan Officer duties include outside sales activities to cultivate new business and expand CNB's client relationships through the sale of mortgage loan products and services, uses consultative...

Mortgage Loan Officer

  • Gambrills, MD
  • 20 days ago
  • Gambrills, MD
  • 20 days ago

In addition, if youve been working as an Underwriter or Loan Officer in a bank, this could be your dream opportunity to use your talents in a more fulfilling way! At K....

Support Loan Servicing Specialist

  • Suitland, MD
  • 21 days ago
  • Suitland, MD
  • 21 days ago

Required Experience Requires three plus years of experience in a servicing or consumer lending environment....

Business Loan Broker, Baltimore

  • Baltimore, MD
  • 23 days ago
  • Baltimore, MD
  • 23 days ago

Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....

Retail Mortgage Loan Originator

  • Bethesda, MD
  • 23 days ago
  • Bethesda, MD
  • 23 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....

Demographic Data for Maryland

Moving to Maryland? Find some basic demographic data about Maryland below.


Local
National
6,176,902
140,318

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
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,...
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...
How to Become a Police Officer in England and Wales
Currently, policing is unrepresentative of the society it represents. To correct that, its vital that underrepresented and disadvantaged groups can learn about policing and consider their options...

Title Synonyms

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Salary for Loan Officer Jobs in Maryland

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 Maryland offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.6%
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 Maryland
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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