Loan Officer Jobs in Cambridge, MA
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.
Mortgage Loan Originator -Braintree MA
- Braintree, MA (13 miles from Cambridge, MA)
- 2 days ago
- Braintree, MA (13 miles from Cambridge, MA)
- 2 days ago
Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....
Loan Originator - Director, Hotel Franchise Finance
- Boston, MA (3 miles from Cambridge, MA)
- 3 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 3 days ago
Job Title: Loan Originator - Director, Hotel Franchise Finance Location: Atlanta What you'll do: As a Loan Originator you'll be responsible for executing the Bank's strategic plan and meeting the division's...
- Boston, MA (3 miles from Cambridge, MA)
- 3 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 3 days ago
Portfolio includes various specialties, including large shared national credits, leveraged lending, ABL lending, Franchise lending, Security Alarm Lending, Solar lending and other....
- Lowell, MA (20 miles from Cambridge, MA)
- 4 days ago
- Lowell, MA (20 miles from Cambridge, MA)
- 4 days ago
Lowell Pawn is looking for a Sales/Lending Associate Responsibilities would include: -Outbound calls to existing customers - Updating billing and payment information - Marketing on Social Media Platforms...
- Boston, MA (3 miles from Cambridge, MA)
- 12 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 12 days ago
About the Role DBEDC is seeking a Senior Loan Officer to help expand our loan portfolio in underserved areas of Boston....
Commercial Real Estate Loan Officer, AVP
- Boston, MA (3 miles from Cambridge, MA)
- 12 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 12 days ago
The Lending Division Global Credit Finance (GCF) is the lending division of State Street, a growing division within the organization....
Community CRA Mortgage Loan Originator
- Boston, MA (3 miles from Cambridge, MA)
- 13 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 13 days ago
programs, and private investors, as gained through on the job training or some real estate brokerage experience - Basic knowledge of local, state and national laws (e.g., zoning ordinances, Truth-in Lending...
Sr PB Lending Specialist - Residential
- Boston, MA (3 miles from Cambridge, MA)
- 17 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 17 days ago
, and loan origination systems....
Loan Officer, Affordable Housing Development
- Boston, MA (3 miles from Cambridge, MA)
- 20 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 20 days ago
Associate Affordable Housing Boston, MA, US 3 days ago Requisition ID: 1047 ABOUT THE ROLE The role of Associate of Affordable Housing and Consumer Empowerment is a dynamic position designed for...
Remote Work- Boston, MA (3 miles from Cambridge, MA)
- 20 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 20 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. We do this by driving Responsible Growth and...
- Boston, MA (3 miles from Cambridge, MA)
- 23 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 23 days ago
Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....
Loan Officer Assistant - Enterprise
- Boston, MA (3 miles from Cambridge, MA)
- 25 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 25 days ago
Diploma * Minimum 2 years residential loan originations or processing experience in a mortgage banking company. And * Minimum 2 years of experience with state and federal lending regulations (e.g....
- Boston, MA (3 miles from Cambridge, MA)
- 25 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 25 days ago
We are currently hiring talented CRA Loan Officers who proactively identify, develop and maintain a quality network of business relationships that serves as a source of referrals for new mortgage lending...
Mortgage Banker Market Specialist
- Boston, MA (3 miles from Cambridge, MA)
- 26 days ago
- Boston, MA (3 miles from Cambridge, MA)
- 26 days ago
Overview This position aids fair lending and community goals by providing mortgages for culturally diverse organizations....
Leasing Credit Officer II-Healthcare, Education & Not-For-Profit Finance
- Boston, MA (3 miles from Cambridge, MA)
- 30+ days ago
- Boston, MA (3 miles from Cambridge, MA)
- 30+ 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. We do this by driving Responsible Growth and...
Demographic Data for Cambridge, MA
Moving to Cambridge, MA? Find some basic demographic data about Cambridge, MA 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 Cambridge, MA
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Cambridge, MA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Credit Underwriting
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Sales Management
- Referrals
- Customer Satisfaction
- Collections
- Finance
- Closing
- Accounting
- Customer Relations
- Retail
- High School Diploma
- Business Development
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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