Loan Officer Remote & Hybrid Only Jobs in Michigan

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 16 Jobs

Small Business Lending Consultant

  • Bloomfield Hills, MI
  • 1 day ago
  • Bloomfield Hills, 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

Loan Officer - Headquarters Branch

  • East Lansing, MI
  • 2 days ago
  • East Lansing, MI
  • 2 days ago

lending experience preferred Knowledge of lending regulations, credit analysis, and loan origination processes Demonstrate comprehensive knowledge of consumer lending products, services, and processes...

Loan Officer - Farm Lane Branch

  • East Lansing, MI
  • 7 days ago
  • East Lansing, MI
  • 7 days ago

lending experience preferred Knowledge of lending regulations, credit analysis, and loan origination processes Demonstrate comprehensive knowledge of consumer lending products, services, and processes...

Mortgage Loan Advisor

  • Grand Rapids, MI
  • 11 days ago
  • Grand Rapids, MI
  • 11 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

Remote Mortgage Loan Officer

  • Southfield, MI
  • 12 days ago
  • Southfield, MI
  • 12 days ago

Assists clients through the loan process from application to closing. Maintains minimum production standards including originations & fundings....

Remote Work

Commercial Loan Services Specialist 2

  • Midland, MI
  • 15 days ago
  • Midland, MI
  • 15 days ago

Description Summary: The Commercial Loan Services Specialist 2 responsibilities may include, but are not limited to, processing payments and advances, initiating wire transfers, balancing loans in...

Remote Work

Senior Loan Officer, REMOTE, Compensation 200bps, Biweekly Draw

  • Clinton Township, MI
  • 18 days ago
  • Clinton Township, MI
  • 18 days ago

What we're looking for: Loan Originators with: -Minimum 1 year experience as a Mortgage Loan Officer is required....

Remote Work

Role Requirements: 1+ years of purchase mortgage origination experience as an active NMLS Loan Originator with multiple state licenses, or a Loan Originator working under a bank license (required) Physically...

Remote Work

Dominate the as an Online Loan Broker

  • Grosse Pointe, MI
  • 27 days ago
  • Grosse Pointe, MI
  • 27 days ago

Earn up to $10,000 per funded deal Access 290+ lenders no collateral, no appraisals Proven success formula our top Coaches come from sales, finance, real estate, and consulting Fully remote 1099 opportunity...

Remote Work

Mortgage Loan Originator Livonia

  • Livonia, MI
  • 30+ days ago
  • Livonia, MI
  • 30+ 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...

Reverse Mortgage Originator Development Program

  • Grand Rapids, MI
  • 30+ days ago
  • Grand Rapids, MI
  • 30+ days ago

originators to apply....

Remote Work

Mortgage Loan Officer - Retail

  • Grand Rapids, MI
  • 30+ days ago
  • Grand Rapids, MI
  • 30+ days ago

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

Remote Work

Sr. Loan Advisor

  • Detroit, MI
  • 45+ days ago
  • Detroit, MI
  • 45+ days ago

lending opportunities....

Remote Work

Mortgage Loan Officer-2

  • Grand Rapids, MI
  • 45+ days ago
  • Grand Rapids, 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
  • 60+ days ago
  • Caledonia, 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 Michigan

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


Local
National
10,077,306
222,152

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 Michigan

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 Michigan 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 Michigan
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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