Loan Officer Jobs in Dearborn Heights, 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.
- Novi, MI (18 miles from Dearborn Heights, MI)
- 7 hours ago
- Novi, MI (18 miles from Dearborn Heights, MI)
- 7 hours ago
As a trusted advisor, the Mortgage Loan Originator guides members through the mortgage process with integrity, empathy, and professionalism....
Small Business Lending Consultant
- Bloomfield Hills, MI (17 miles from Dearborn Heights, MI)
- 1 day ago
- Bloomfield Hills, MI (17 miles from Dearborn Heights, MI)
- 1 day ago
Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...
Remote Work- Detroit, MI (11 miles from Dearborn Heights, MI)
- 1 day ago
- Detroit, MI (11 miles from Dearborn Heights, 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....
- Ferndale, MI (13 miles from Dearborn Heights, MI)
- 4 days ago
- Ferndale, MI (13 miles from Dearborn Heights, MI)
- 4 days ago
of commercial lending....
- Livonia, MI (7 miles from Dearborn Heights, MI)
- 8 days ago
- Livonia, MI (7 miles from Dearborn Heights, MI)
- 8 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...
- Livonia, MI (7 miles from Dearborn Heights, MI)
- 8 days ago
- Livonia, MI (7 miles from Dearborn Heights, MI)
- 8 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...
- Bloomfield Hills, MI (17 miles from Dearborn Heights, MI)
- 9 days ago
- Bloomfield Hills, MI (17 miles from Dearborn Heights, MI)
- 9 days ago
experience; thorough knowledge of loan processing and underwriting fundamentals....
- Southfield, MI (14 miles from Dearborn Heights, MI)
- 13 days ago
- Southfield, MI (14 miles from Dearborn Heights, MI)
- 13 days ago
Assists clients through the loan process from application to closing. Maintains minimum production standards including originations & fundings....
Remote Work- Detroit, MI (11 miles from Dearborn Heights, MI)
- 14 days ago
- Detroit, MI (11 miles from Dearborn Heights, MI)
- 14 days ago
What Makes You a Great Fit: Residential mortgage lending (2+ years and active licenses). World class at taking buyers from "hello" to "keys in hand."...
- Southfield, MI (14 miles from Dearborn Heights, MI)
- 16 days ago
- Southfield, MI (14 miles from Dearborn Heights, MI)
- 16 days ago
Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services...
- Detroit, MI (11 miles from Dearborn Heights, MI)
- 18 days ago
- Detroit, MI (11 miles from Dearborn Heights, MI)
- 18 days ago
As a(n) Mortgage Loan Officer within PNC's Mortgage organization, you will be based in the Greater Detroit, MI area to include Wayne and Macomb County....
Community Lending Officer - Dearborn Community Lending Officer - Dearborn
- Dearborn, MI (4 miles from Dearborn Heights, MI)
- 20 days ago
- Dearborn, MI (4 miles from Dearborn Heights, MI)
- 20 days ago
process from application to close....
Mortgage Loan Officer in Farmington,MI,US
- Farmington, MI (16 miles from Dearborn Heights, MI)
- 20 days ago
- Farmington, MI (16 miles from Dearborn Heights, MI)
- 20 days ago
Qualifications: Experience as a Loan Officer in the Mortgage Industry Knowledge of Mortgage Lending and Underwriting Strong Customer Service skills Effective communication and interpersonal skills Ability...
Mortgage Consultant (Mortgage Loan Officer)
- Canton, MI (11 miles from Dearborn Heights, MI)
- 22 days ago
- Canton, MI (11 miles from Dearborn Heights, 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...
- Detroit, MI (11 miles from Dearborn Heights, MI)
- 22 days ago
- Detroit, MI (11 miles from Dearborn Heights, MI)
- 22 days ago
Howard Hanna Mortgage Services is looking to add an Experienced Mortgage Loan Originator in our Michigan region....
Demographic Data for Dearborn Heights, MI
Moving to Dearborn Heights, MI? Find some basic demographic data about Dearborn Heights, MI below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Officer Jobs in Dearborn Heights, MI
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Dearborn Heights, MI offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- VA Loans
- BSA
- Loan Processing
- Federal National Morgage Association
- Commercial Lending
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Customer Satisfaction
- Finance
- Closing
- Collections
- Business Development
- Retail
- Customer Relations
- High School Diploma
- Negotiation
- Written Communication
- Documentation
- Accounting
- Employee Development
- Verbal Communication
- Telephone Skills
- Policy Development
- Filing
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Officer Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »