Loan Officer Jobs in Oakdale, 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 50 Jobs

Residential Lending Loan Officer Associate

  • Saint Paul, MN (6 miles from Oakdale, MN)
  • 20 hours ago
  • Saint Paul, MN (6 miles from Oakdale, MN)
  • 20 hours ago

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

Loan Officer Assistant - Retail

  • Saint Paul, MN (6 miles from Oakdale, MN)
  • 20 hours ago
  • Saint Paul, MN (6 miles from Oakdale, MN)
  • 20 hours ago

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

Mortgage Loan Officer

  • Edina, MN (18 miles from Oakdale, MN)
  • 21 hours ago
  • Edina, MN (18 miles from Oakdale, MN)
  • 21 hours 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 (11 miles from Oakdale, MN)
  • 1 day ago
  • Inver Grove Heights, MN (11 miles from Oakdale, MN)
  • 1 day 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 (6 miles from Oakdale, MN)
  • 4 days ago
  • Saint Paul, MN (6 miles from Oakdale, MN)
  • 4 days ago

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

Residential Loan Officer - Woodbury

  • Woodbury, MN (5 miles from Oakdale, MN)
  • 5 days ago
  • Woodbury, MN (5 miles from Oakdale, 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 (6 miles from Oakdale, MN)
  • 5 days ago
  • Saint Paul, MN (6 miles from Oakdale, 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 (15 miles from Oakdale, MN)
  • 6 days ago
  • Minneapolis, MN (15 miles from Oakdale, 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

Loan Review Officer I - Commercial/CRE

  • Minneapolis, MN (15 miles from Oakdale, MN)
  • 10 days ago
  • Minneapolis, MN (15 miles from Oakdale, 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 (5 miles from Oakdale, MN)
  • 11 days ago
  • Woodbury, MN (5 miles from Oakdale, MN)
  • 11 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 (6 miles from Oakdale, MN)
  • 12 days ago
  • Saint Paul, MN (6 miles from Oakdale, 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...

VP Ag/Commercial Loan Officer

  • River Falls, WI (20 miles from Oakdale, MN)
  • 12 days ago
  • River Falls, WI (20 miles from Oakdale, MN)
  • 12 days ago

with a team first mentality Ability to expand loans, client relationships and cross sell bank products Familiarity of the sales, commercial loan processing and closing processes Working knowledge of...

Mortgage Loan Officer

  • Minneapolis, MN (19 miles from Oakdale, MN)
  • 14 days ago
  • Minneapolis, MN (19 miles from Oakdale, MN)
  • 14 days ago

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

Chief Banking Officer

  • Edina, MN (18 miles from Oakdale, MN)
  • 14 days ago
  • Edina, MN (18 miles from Oakdale, MN)
  • 14 days ago

The CBO oversees all client-facing banking teams, including private and professional practice, commercial and nonprofit banking, business development, and deposit/lending services....

Senior Credit Officer, Digital Infrastructure

  • Minneapolis, MN (15 miles from Oakdale, MN)
  • 14 days ago
  • Minneapolis, MN (15 miles from Oakdale, MN)
  • 14 days ago

Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....

Demographic Data for Oakdale, MN

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


Local
National
5,707,031
151,942

Loan Officer Online Courses and Training Opportunities

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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...
How to Become a Police Officer in England and Wales
Currently, policing is unrepresentative of the society it represents. To correct that, its vital that underrepresented and disadvantaged groups can learn about policing and consider their options...
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,...

Title Synonyms

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Salary for Loan Officer Jobs in Oakdale, 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 Oakdale, 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 Oakdale, 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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