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.
(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....
Mortgage Loan Officer (VA/MD/NC & DC Roles Remote available!)
- Waldorf, MD
- 17 hours ago
- Waldorf, MD
- 17 hours ago
Post Mortgage Loan Officer (VA/MD/NC & DC Roles Remote available!)...
Remote WorkPay: $50-$60K 100% on-site, no opportunity for remote Description Job Summary: The Loan Servicing Representative is responsible for managing and maintaining loan accounts, ensuring accurate and...
Pay: $61K - $72K Environment: In office, 5 days a week 9-5, M-F Description Job Summary: The Senior Loan Servicing Representative is responsible for overseeing the servicing of loan accounts,...
As a Loan Officer for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes....
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...
Senior Mortgage Loan Officer - Outside Sales
- Gaithersburg, MD
- 2 days ago
- Gaithersburg, MD
- 2 days ago
(Required) Experience 4 or more years recent residential mortgage lending experience to include experience in the local market....
Account Executive (Mortgage Consultant) - Baltimore, MD
- Baltimore, MD
- 3 days ago
- Baltimore, MD
- 3 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...
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....
Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....
Community Mortgage Lending Officer - DC/MD/VA (Hybrid)
- Gaithersburg, MD
- 7 days ago
- Gaithersburg, MD
- 7 days ago
before engaging in mortgage loan originator activities....
Provide mentoring, coaching, and overall leadership to line lenders supported....
Education and Experience Preferred: MBA and 3 years previous work experience in Commercial Banking or a related field (Investment Banking, Leveraged Lending, Credit Underwriting)....
Construction Loan Servicer Silver Spring, MDReal Estate Debt Group - Home Office /Full Time /Hybrid Ullico, Inc., one of the nation's largest sources for real estate first mortgage financing, is...
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
Required or preferred licenses and certifications for Loan Officer positions.
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
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Private Banking
- Loan Processing
- OFAC
- Credit Underwriting
- Mortgage Processing
- Encompass
- Credit Analysis
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Portfolio Management
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- High School Diploma
- Retail
- Written Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- 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 »