Loan Officer Jobs in Ann Arbor, 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.

1-14 of 14 Jobs

Mortgage Loan Specialist

  • Novi, MI (21 miles from Ann Arbor, MI)
  • 4 hours ago
  • Novi, MI (21 miles from Ann Arbor, MI)
  • 4 hours ago

As a trusted advisor, the Mortgage Loan Originator guides members through the mortgage process with integrity, empathy, and professionalism....

Commercial Loan Officer

  • Ann Arbor, MI
  • 1 day ago
  • Ann Arbor, 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....

Loan Officer (Member Service Specialist)

  • Milan, MI (15 miles from Ann Arbor, MI)
  • 2 days ago
  • Milan, MI (15 miles from Ann Arbor, MI)
  • 2 days ago

We are growing and looking for Loan Officer/Member Service Specialist. Do you have experience with the following?...

Personal Loan Consultant

  • Wayne, MI (23 miles from Ann Arbor, MI)
  • 19 days ago
  • Wayne, MI (23 miles from Ann Arbor, MI)
  • 19 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 Consultant (Mortgage Loan Officer)

  • Canton, MI (19 miles from Ann Arbor, MI)
  • 22 days ago
  • Canton, MI (19 miles from Ann Arbor, MI)
  • 22 days ago

Founded by a small group of educators, Michigan Schools & Government Credit Union (MSGCU) has been providing quality financial services to the community for 70 years and welcomes everyone in...

Mortgage Loan Originator

  • Ann Arbor, MI
  • 22 days ago
  • Ann Arbor, MI
  • 22 days ago

Howard Hanna Mortgage Services is looking to add an Experienced Mortgage Loan Originator in our Michigan region....

Loan Sales Specialist

  • Wayne, MI (23 miles from Ann Arbor, MI)
  • 23 days ago
  • Wayne, MI (23 miles from Ann Arbor, MI)
  • 23 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 Originator

  • Ypsilanti, MI (12 miles from Ann Arbor, MI)
  • 30+ days ago
  • Ypsilanti, MI (12 miles from Ann Arbor, MI)
  • 30+ days ago

Overview: We’re partnering with a well-established, mission-driven financial institution to hire a Mortgage Loan Originator focused on external business development....

Mortgage Loan Originator

  • Whitmore Lake, MI (10 miles from Ann Arbor, MI)
  • 30+ days ago
  • Whitmore Lake, MI (10 miles from Ann Arbor, MI)
  • 30+ days ago

Overview: We’re partnering with a well-established, mission-driven financial institution to hire a Mortgage Loan Originator focused on external business development....

Mortgage Loan Originator

  • Wixom, MI (23 miles from Ann Arbor, MI)
  • 30+ days ago
  • Wixom, MI (23 miles from Ann Arbor, MI)
  • 30+ days ago

Overview: We’re partnering with a well-established, mission-driven financial institution to hire a Mortgage Loan Originator focused on external business development....

Senior Loan Review Officer - Loan Review

  • Ann Arbor, MI
  • 45+ days ago
  • Ann Arbor, MI
  • 45+ days ago

ESSENTIAL DUTIES AND RESPONSIBILITIES: Thorough knowledge of commercial and consumer lending, banking laws and regulations, to effectively assist with the assessment of credit risk and the monitoring...

Mortgage Loan Officer

  • Ann Arbor, MI
  • 60+ days ago
  • Ann Arbor, MI
  • 60+ days ago

As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Ann Arbor, MI. The position is primarily based in a PNC location....

Mortgage Loan Officer - Ann Arbor, MI

  • Saline, MI (8 miles from Ann Arbor, MI)
  • 90+ days ago
  • Saline, MI (8 miles from Ann Arbor, MI)
  • 90+ days ago

Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....

Mortgage Loan Officer

  • Brighton, MI (21 miles from Ann Arbor, MI)
  • 90+ days ago
  • Brighton, MI (21 miles from Ann Arbor, MI)
  • 90+ days ago

About the Job: Join Independent Bank as a Mortgage Loan Officer!...

Demographic Data for Ann Arbor, MI

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


Local
National
170,723
4,824
Medium/Lg

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...

Title Synonyms

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Salary for Loan Officer Jobs in Ann Arbor, 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 Ann Arbor, 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 Ann Arbor, 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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