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.

1-15 of 33 Jobs

Senior Tailored Lending Specialist

  • Boston, MA
  • 1 hour ago
  • Boston, MA
  • 1 hour ago

throughout the loan process, and participates in business development events....

Sr PB Lending Specialist - Residential

  • Boston, MA
  • 11 hours ago
  • Boston, MA
  • 11 hours ago

, and loan origination systems....

Sr Private Bank, Lending Specialist Business Banking

  • Boston, MA
  • 11 hours ago
  • Boston, MA
  • 11 hours ago

The senior lending specialist will have more access and authority in the loan origination system than more junior Lending Specialists....

Financial Services Representative - Littleton, MA

  • Littleton, MA
  • 2 days ago
  • Littleton, MA
  • 2 days ago

Financial Services Representative Have a passion for helping people? Join our team of Financial Services Representative where youll have dedicated time to focus on growth and career development,...

Sr. Credit Officer To $170K Boston, Ma Job # 3191

  • Boston, MA
  • 2 days ago
  • Boston, MA
  • 2 days ago

origination system software.Ensuring that individual loans are risk rated correctly when reviewing loans for Officer's Loan Committee approval.Supervising the Bank's special assets area in curing weak...

Commercial Loan Administrator

  • Weymouth, MA
  • 7 days ago
  • Weymouth, MA
  • 7 days ago

in numerous aspects of the loan process....

Mortgage Loan Officer

  • Boston, MA
  • 8 days ago
  • Boston, MA
  • 8 days ago

As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Boston, MA. This position is primarily based in a location within PNC's footprint....

Sr. Credit Officer - To 170K - Boston, Ma - Job 3191

  • Boston, MA
  • 8 days ago
  • Boston, MA
  • 8 days ago

origination system software.Ensuring that individual loans are risk-rated correctly when reviewing loans for Officer's Loan Committee approval.Supervising the Bank's special assets area in curing weak...

Mortgage Loan Officer

  • Boston, MA
  • 8 days ago
  • Boston, MA
  • 8 days ago

As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Boston, MA. This position is primarily based in a location within PNCs footprint....

Mortgage Specialist

  • Roxbury, MA
  • 16 days ago
  • Roxbury, MA
  • 16 days ago

Originator exam - Preferred EXPERIENCE: Experienced and effective NACA Counselor – Preferred Mortgage processing experience – Preferred 3+ years underwriting mortgages - Preferred Education, such as...

Mortgage Loan Originator -Braintree MA

  • Braintree, MA
  • 19 days ago
  • Braintree, MA
  • 19 days ago

Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....

Business Lending Specialist

  • Hyannis, MA
  • 19 days ago
  • Hyannis, MA
  • 19 days ago

Exposure in lending and banking operations, emphasizing commercial lending. Prior retail banking experience (platform) a plus. Prior experience using LaserPro/Argo/XPerience preferred....

Loan Originator - Director, Hotel Franchise Finance

  • Boston, MA
  • 20 days ago
  • Boston, MA
  • 20 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...

Senior Credit Officer

  • Lynn, MA
  • 21 days ago
  • Lynn, MA
  • 21 days ago

Portfolio includes various specialties, including large shared national credits, leveraged lending, ABL lending, Franchise lending, Security Alarm Lending, Solar lending and other....

Loan Officer

  • Boston, MA
  • 29 days ago
  • Boston, MA
  • 29 days ago

About the Role DBEDC is seeking a Senior Loan Officer to help expand our loan portfolio in underserved areas of Boston....

Demographic Data for Massachusetts

Moving to Massachusetts? Find some basic demographic data about Massachusetts below.


Local
National
7,029,832
179,192

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loan Officer Mortage: (Prep Test)
The Practice Exam is designed to closely replicate the true exam experience in terms of the degree of difficulty, format, and topics covered. the questions are designed to help you learn faster...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
How to Become a Police Officer in England and Wales
Currently, policing is unrepresentative of the society it represents. To correct that, its vital that underrepresented and disadvantaged groups can learn about policing and consider their options...

Title Synonyms

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Salary for Loan Officer Jobs in Massachusetts

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Officer positions.



Highest Education Level

Loan Officers in Massachusetts offer the following education background
Bachelor's Degree
38.1%
High School or GED
20.6%
Master's Degree
13.8%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Massachusetts
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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