Loan Officer Jobs in Mendota Heights, MN

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 53 Jobs

Loan Officer Assistant

  • Minneapolis, MN (9 miles from Mendota Heights, MN)
  • 7 hours ago
  • Minneapolis, MN (9 miles from Mendota Heights, MN)
  • 7 hours ago

Diploma Minimum 2 years residential loan originations or processing experience in a mortgage banking company. Minimum 2 years of experience with state and federal lending regulations (e.g....

Patient Financial Services Representative II

  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 9 hours ago
  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 9 hours ago

Job Overview This position is responsible for billing and collection of accounts receivable for inpatient and outpatient accounts, ensures expected payment is collected and accounts are fully...

Residential Lending Loan Officer Associate

  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 1 day ago
  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 1 day ago

RESIDENTIAL LENDING LOAN OFFICER ASSOCIATE* WHAT IS THE OPPORTUNITY?...

Loan Officer Assistant - Retail

  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 1 day ago
  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 1 day ago

EXTERNAL LOAN OFFICER ASSISTANT- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...

Mortgage Loan Officer

  • Edina, MN (9 miles from Mendota Heights, MN)
  • 1 day ago
  • Edina, MN (9 miles from Mendota Heights, MN)
  • 1 day ago

Mortgage Loan Officer Department: Mortgage Sales Location: Edina, MN First International Bank and Trust is a family-owned community bank and one of Prairie Business Magazine's 50 best places to work...

Loan Program Manager (Officer, Loan Expert)

  • Inver Grove Heights, MN (6 miles from Mendota Heights, MN)
  • 2 days ago
  • Inver Grove Heights, MN (6 miles from Mendota Heights, MN)
  • 2 days ago

Drive loan program development and support CHS Capital loan officer staff to deliver mutually beneficial financial solutions....

Mortgage Loan Officer - Retail

  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 5 days ago
  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 5 days ago

EXTERNAL LOAN OFFICER- MORTGAGE BANKING* WHAT IS THE OPPORTUNITY?...

Residential Loan Officer - Woodbury

  • Woodbury, MN (8 miles from Mendota Heights, MN)
  • 5 days ago
  • Woodbury, MN (8 miles from Mendota Heights, MN)
  • 5 days ago

The Residential Loan Officer is responsible for the origination of regulatory compliant residential loan applications and for developing client referral relationships with realtors, builders, attorneys...

Residential Loan Officer - St Paul

  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 5 days ago
  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 5 days ago

The Residential Loan Officer is responsible for the origination of regulatory compliant residential loan applications and for developing client referral relationships with realtors, builders, attorneys...

Small Business Lending Consultant

  • Minneapolis, MN (9 miles from Mendota Heights, MN)
  • 6 days ago
  • Minneapolis, MN (9 miles from Mendota Heights, MN)
  • 6 days 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

Wholesale Credit Officer

  • Lakeville, MN (20 miles from Mendota Heights, MN)
  • 7 days ago
  • Lakeville, MN (20 miles from Mendota Heights, MN)
  • 7 days ago

A typical day: Analyzes financial and supporting documentation submitted for formal and informal lending and servicing requests....

Loan Review Officer I - Commercial/CRE

  • Minneapolis, MN (9 miles from Mendota Heights, MN)
  • 10 days ago
  • Minneapolis, MN (9 miles from Mendota Heights, MN)
  • 10 days ago

Determine the appropriate risk rating for Borrowers according to current Lending Policy and regulatory guidance....

Mortgage Loan Officer - Woodbury, MN

  • Woodbury, MN (8 miles from Mendota Heights, MN)
  • 12 days ago
  • Woodbury, MN (8 miles from Mendota Heights, MN)
  • 12 days ago

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

Remote Work

Patient Financial Services Representative

  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 12 days ago
  • Saint Paul, MN (4 miles from Mendota Heights, MN)
  • 12 days ago

Job Overview This position is responsible for supporting management in the billing and collection of accounts receivable for inpatient and outpatient accounts and/or resolving complex customer...

Mortgage Loan Officer

  • Minneapolis, MN (8 miles from Mendota Heights, MN)
  • 14 days ago
  • Minneapolis, MN (8 miles from Mendota Heights, MN)
  • 14 days ago

Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....

Demographic Data for Mendota Heights, MN

Moving to Mendota Heights, MN? Find some basic demographic data about Mendota Heights, MN below.


Local
National
5,707,031
151,942

Loan Officer Online Courses and Training Opportunities

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Title Synonyms

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Salary for Loan Officer Jobs in Mendota Heights, MN

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 Mendota Heights, MN offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Mendota Heights, MN
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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