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.
Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....
Exposure in lending and banking operations, emphasizing commercial lending. Prior retail banking experience (platform) a plus. Prior experience using LaserPro/Argo/XPerience preferred....
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...
Portfolio includes various specialties, including large shared national credits, leveraged lending, ABL lending, Franchise lending, Security Alarm Lending, Solar lending and other....
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...
Position: Loan Servicing Specialist Department: Loan Servicing Job Status: Full Time FLSA Status: Non-Exempt Grade: 7 Reports to: Team Lead Amount of Travel Required: No Travel required Positions...
About the Role DBEDC is seeking a Senior Loan Officer to help expand our loan portfolio in underserved areas of Boston....
The Lending Division Global Credit Finance (GCF) is the lending division of State Street, a growing division within the organization....
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...
officers for underwriting. - Process returned mail and contact customer for correct mailing address.23....
, and loan origination systems....
Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....
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 WorkJob 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...
Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....
Demographic Data for Massachusetts
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Title Synonyms
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Salary for Loan Officer Jobs in Massachusetts
Required or preferred licenses and certifications for Loan Officer positions.
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
- 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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