Loan Officer Jobs in Ada, MI

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 17 Jobs

Commercial Loan Officer

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 1 day ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 1 day ago

Title: Commercial Loan Officer – Community Bank Expansion Description: Join a well-capitalized, growth-focused community bank expanding its commercial lending presence....

Reverse Loan Officer

  • Ada, MI
  • 2 days ago
  • Ada, MI
  • 2 days ago

Support communication through the loan process between operations staff and the borrower. Provide all applicable initial documents and disclosures to the loan processor....

Mortgage Loan Originator

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 7 days ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 7 days ago

Responsibilities We are seeking a Mortgage Loan Originator with a strong sales orientation....

Mortgage Loan Advisor

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 12 days ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 12 days ago

Description Summary: The Mortgage Loan Advisor works with Senior Loan Officer and Sales Manager to achieve established sales goals and learn different aspects of a loan originator position at Huntington...

Remote Work

Senior Loan Officer

  • East Grand Rapids, MI (7 miles from Ada, MI)
  • 14 days ago
  • East Grand Rapids, MI (7 miles from Ada, MI)
  • 14 days ago

Primary Function The primary function of the Loan officer is to sell loan products offered by NewRez. Contact prospective clients to develop and maintain referral sources....

Loan Servicing Specialist

  • Ionia, MI (21 miles from Ada, MI)
  • 19 days ago
  • Ionia, MI (21 miles from Ada, MI)
  • 19 days ago

Be You. Be Independent! Are you an experienced Mortgage or Consumer Loan Servicing professional looking to advance in your career? If so, we need you! At Independent Bank we promote a culture that...

Home Lending Specialist

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 28 days ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 28 days ago

#LI-TM2 Home Lending Specialist LOCATION -- Grand Rapids, Michigan 49546 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment...

Mortgage Loan Originator

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 30+ days ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 30+ days ago

Basic knowledge of agency guidelines and industry standards as they relate to retail mortgage lending, conventional, lot, construction and FHA/VA/USDA loan programs....

Reverse Mortgage Originator Development Program

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 30+ days ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 30+ days ago

originators to apply....

Remote Work

Loan Officer

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 30+ days ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 30+ days ago

Builders Capital, the nation's largest private construction lender, is seeking a dynamic Loan Officer to join our fast-growing team....

Loan Sales Specialist

  • Wyoming, MI (16 miles from Ada, MI)
  • 30+ days ago
  • Wyoming, MI (16 miles from Ada, MI)
  • 30+ days ago

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...

Mortgage Loan Officer - Retail

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 30+ days ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 30+ days ago

Summary: The Mortgage Loan Officer position provides 'Simply the Best' customer service to each customer at all times....

Remote Work

Loan Sales Specialist

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 45+ days ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 45+ days ago

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...

Mortgage Loan Officer-2

  • Grand Rapids, MI (9 miles from Ada, MI)
  • 45+ days ago
  • Grand Rapids, MI (9 miles from Ada, MI)
  • 45+ days ago

Description The Mortgage Loan Officer position provides Simply the Best customer service to each customer at all times....

Remote Work

Mortgage Loan Originator

  • Caledonia, MI (12 miles from Ada, MI)
  • 60+ days ago
  • Caledonia, MI (12 miles from Ada, MI)
  • 60+ days ago

About this position: LMCU is looking for a Mortgage Loan Originator who will be responsible for assisting members with their mortgage lending needs, analyzing loan requests and making credit decisions...

Remote Work

Demographic Data for Ada, MI

Moving to Ada, MI? Find some basic demographic data about Ada, MI below.


Local
National
20,665
501
Medium

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,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

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Salary for Loan Officer Jobs in Ada, MI

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 Ada, MI 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
1.2%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Ada, MI
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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