Loan Officer Jobs in Massachusetts
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.
This position requires an incumbent to register and become licensed in the NMLS (Nationwide Mortgage Licensing System & Registry) database in accordance with the Safe Act of 2008....
EXTERNAL LOAN OFFICER- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...
Collaborating effectively with Commercial Lending, Residential Lending, Retail Banking, Digital Banking, and Accounting groups to research and resolve loan-related issues....
process from application to close....
Senior Credit Officer/Credit Officer Asset Based Finance
- Boston, MA
- 5 days ago
- Boston, MA
- 5 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...
CRE Loan Officer Sr Springfield, MA, USA Req #1792 Tuesday, May 6, 2025 At Liberty, we strive to maximize our impact and exceed goals by investing in our teammates to deepen our relationships in the...
Residential Loan Officer Residential Loan Officer Dedham, MA Residential & Consumer Lending Job Type Full-time Description SUMMARY At Dedham Savings, we believe that being here for the journey means...
Mortgage Loan Officer Reliant Mortgage LLC Cambridge, Massachusetts **Job Title:** Mortgage Loan Officer**Job Type:** Full-time**Location:** Remote**Salary Range:** $Commission Only: 275 BPS**Job Overview...
We are currently hiring dedicated Mortgage Loan Officers who proactively identify, build and maintain a quality network of business relationships that serves as a source of referrals for new mortgage...
A We employ a knowledgeable staff of experienced Loan Officers with an operations team that is second to none....
The Senior Commercial Real Estate Loan Officer will originate, underwrite, and administer commercial real estate loans for the Bank's Commercial Real Estate (CRE) portfolio....
This role will enable you to progress to a Outside Loan Officer role within 12 months. We would also want this Loan Officer to network and build their own book of business as well....
salary: $25 - $30 per hour shift: First work hours: 8 AM - 4 PM education: High School Responsibilities Review disclosure related data entered into the Loan Origination System (“LOS”) for accuracy....
Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....
We are currently hiring dedicated Mortgage Loan Officers who proactively identify, build and maintain a quality network of business relationships that serves as a source of referrals for new mortgage...
Demographic Data for Massachusetts
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Salary for Loan Officer Jobs in Massachusetts
Highest Education Level
Loan Officers in Massachusetts 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
- Credit Underwriting
- Loan Processing
- VA Loans
- Private Banking
- 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
- High School Diploma
- Retail
- Written Communication
- Verbal Communication
- Telephone Skills
- Negotiation
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Teamwork
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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