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.
Own the Loan Process - Oversee the loan application lifecycle, coordinating with underwriting, processing, and closing teams to ensure timely funding....
Loan Officer Assistant - Retail
- Hartford, CT (22 miles from Springfield, MA)
- 3 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 3 days ago
EXTERNAL LOAN OFFICER ASSISTANT- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...
Residential Lending Loan Officer Associate
- Hartford, CT (22 miles from Springfield, MA)
- 3 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 3 days ago
RESIDENTIAL LENDING LOAN OFFICER ASSOCIATE* WHAT IS THE OPPORTUNITY?...
Mortgage Loan Officer - Retail
- Hartford, CT (22 miles from Springfield, MA)
- 7 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 7 days ago
EXTERNAL LOAN OFFICER- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...
Reverse Mortgage Originator Development Program
- Hartford, CT (22 miles from Springfield, MA)
- 12 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 12 days ago
originators to apply....
Residential & Consumer Mortgage Loan Originator
- Windsor, CT (17 miles from Springfield, MA)
- 14 days ago
- Windsor, CT (17 miles from Springfield, MA)
- 14 days ago
Proficiency in using mortgage lending software (preferably Encompass LOS) and related technology platforms....
Senior Credit Officer, Digital Infrastructure
- Enfield, CT (8 miles from Springfield, MA)
- 17 days ago
- Enfield, CT (8 miles from Springfield, MA)
- 17 days ago
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
- Hartford, CT (22 miles from Springfield, MA)
- 20 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 20 days ago
Diploma * Minimum 2 years residential loan originations or processing experience in a mortgage banking company. * Minimum 2 years of experience with state and federal lending regulations (e.g....
- Hartford, CT (22 miles from Springfield, MA)
- 28 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 28 days ago
Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....
- Hartford, CT (22 miles from Springfield, MA)
- 30+ days ago
- Hartford, CT (22 miles from Springfield, MA)
- 30+ 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....
Credit Officer, Digital Infrastructure
- Enfield, CT (8 miles from Springfield, MA)
- 30+ days ago
- Enfield, CT (8 miles from Springfield, MA)
- 30+ days ago
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
Internal Mortgage Banking Officer
- Hartford, CT (22 miles from Springfield, MA)
- 30+ days ago
- Hartford, CT (22 miles from Springfield, MA)
- 30+ days ago
Bachelor's degree a plus. 2-3 years of experience in a loan origination and/or sales and service environment. Comprehensive understanding of all consumer lending products....
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...
Senior Associate, Commercial Mortgage Loan Administrator &DWAK
- Windsor, CT (17 miles from Springfield, MA)
- 45+ days ago
- Windsor, CT (17 miles from Springfield, MA)
- 45+ days ago
division is an investment processing service group that provides middle and back office operations, accounting and reporting support to Asset Management, Insurance, Pension, Wealth Management, nonbank lenders...
- Hartford, CT (22 miles from Springfield, MA)
- 45+ days ago
- Hartford, CT (22 miles from Springfield, MA)
- 45+ days ago
Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....
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
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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
- Goal Oriented
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Loan Processing
- Credit Underwriting
- VA Loans
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Customer Relations
- Accounting
- Listening
- High School Diploma
- Retail
- Verbal Communication
- Negotiation
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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