Loan Officer Jobs in Springfield, 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.
Senior Credit Officer, Digital Infrastructure
- Enfield, CT (8 miles from Springfield, MA)
- 21 hours ago
- Enfield, CT (8 miles from Springfield, MA)
- 21 hours ago
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
- Easthampton, MA (14 miles from Springfield, MA)
- 2 days ago
- Easthampton, MA (14 miles from Springfield, MA)
- 2 days ago
Coordinate the Commercial Loan Closing by communicating with the Attorney and/or the Loan Officer....
Credit Officer - Regional Agribusiness Banking Group
- Enfield, CT (8 miles from Springfield, MA)
- 7 days ago
- Enfield, CT (8 miles from Springfield, MA)
- 7 days ago
Consults with lending or leasing staff and provides coaching on negotiation strategy, financing approaches, or other specific credit issues....
- Hartford, CT (22 miles from Springfield, MA)
- 8 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 8 days ago
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Manchester, CT (23 miles from Springfield, MA)
- 8 days ago
- Manchester, CT (23 miles from Springfield, MA)
- 8 days ago
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Windsor, CT (17 miles from Springfield, MA)
- 8 days ago
- Windsor, CT (17 miles from Springfield, MA)
- 8 days ago
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
A local community bank is looking to add a new SBA Commercial Loan Officer to their team. This organization is a long-standing bank with a great reputation!...
- Chicopee, MA (4 miles from Springfield, MA)
- 15 days ago
- Chicopee, MA (4 miles from Springfield, MA)
- 15 days ago
A local community bank is looking to add a new SBA Commercial Loan Officer to their team. This organization is a long-standing bank with a great reputation!...
- Enfield, CT (8 miles from Springfield, MA)
- 19 days ago
- Enfield, CT (8 miles from Springfield, MA)
- 19 days ago
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Manchester, CT (23 miles from Springfield, MA)
- 22 days ago
- Manchester, CT (23 miles from Springfield, MA)
- 22 days ago
This position would be to assist the loan officers with creating and preparing the loan packages. 2 years of commercial banking experience is required....
Reverse Mortgage Originator Development Program
- Hartford, CT (22 miles from Springfield, MA)
- 30+ days ago
- Hartford, CT (22 miles from Springfield, MA)
- 30+ days ago
originators to apply....
Remote WorkCommercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Chicopee, MA (4 miles from Springfield, MA)
- 30+ days ago
- Chicopee, MA (4 miles from Springfield, MA)
- 30+ days ago
Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....
- Hartford, CT (22 miles from Springfield, MA)
- 30+ days ago
- Hartford, CT (22 miles from Springfield, MA)
- 30+ days ago
Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....
Residential & Consumer Mortgage Loan Originator
- Windsor, CT (17 miles from Springfield, MA)
- 30+ days ago
- Windsor, CT (17 miles from Springfield, MA)
- 30+ days ago
At Windsor Federal Bank, the Residential & Consumer Mortgage Loan Originator serves as a trusted advisor and lending expert, guiding clients through the stages of the mortgage and consumer loan processfrom...
Demographic Data for Springfield, MA
Moving to Springfield, MA? Find some basic demographic data about Springfield, 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 Springfield, MA
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Springfield, MA 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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