Loan Officer Jobs in Saint Louis Park, 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.
Senior Credit Officer, Digital Infrastructure
- Minneapolis, MN (4 miles from Saint Louis Park, MN)
- 21 hours ago
- Minneapolis, MN (4 miles from Saint Louis Park, MN)
- 21 hours ago
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
- Edina, MN (2 miles from Saint Louis Park, MN)
- 2 days ago
- Edina, MN (2 miles from Saint Louis Park, MN)
- 2 days ago
Job Description: This person shall be responsible for developing and maintaining client relationships and managing client needs, while proactively recognizing opportunities and offering solutions,...
Small Business Lending Consultant
- Minneapolis, MN (4 miles from Saint Louis Park, MN)
- 5 days ago
- Minneapolis, MN (4 miles from Saint Louis Park, MN)
- 5 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 WorkResource for Lenders, Loan Administrators, clients, and outside agencies by performing a variety of customer service activities including responding to requests, researching discrepancies, and resolving...
- Edina, MN (2 miles from Saint Louis Park, MN)
- 8 days ago
- Edina, MN (2 miles from Saint Louis Park, MN)
- 8 days ago
First International Bank and Trust is seeking a Commercial Loan Officer with strong Commercial & Industrial (C&I) lending experience to join our team in Edina, MN. This is an in-office position....
Commercial Construction Loan Administrator
- Shoreview, MN (13 miles from Saint Louis Park, MN)
- 8 days ago
- Shoreview, MN (13 miles from Saint Louis Park, MN)
- 8 days ago
preferred; or equivalent experience necessary.3-5 years of prior administration experience.MS Office suite and Outlook experience.Strong understanding of construction industry, specifically construction lending...
- Shakopee, MN (16 miles from Saint Louis Park, MN)
- 8 days ago
- Shakopee, MN (16 miles from Saint Louis Park, MN)
- 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...
- Bloomington, MN (8 miles from Saint Louis Park, MN)
- 14 days ago
- Bloomington, MN (8 miles from Saint Louis Park, MN)
- 14 days ago
Position Description Primary Function The primary function of the Loan officer is to sell loan products offered by NewRez. Contact prospective clients to develop and maintain referral sources....
Loan Officer (100% Remote Work from the Comfort of Home!)
- Hopkins, MN (4 miles from Saint Louis Park, MN)
- 15 days ago
- Hopkins, MN (4 miles from Saint Louis Park, MN)
- 15 days ago
What Youll Bring Experience: Demonstrated success as a Loan Officer, Mortgage Loan Originator, or a similar role....
Remote Work- Minneapolis, MN (4 miles from Saint Louis Park, MN)
- 15 days ago
- Minneapolis, MN (4 miles from Saint Louis Park, MN)
- 15 days ago
What Youll Bring Proven Experience Background in mortgage lending, preferably as a Loan Officer or Originator....
Remote Work- Eden Prairie, MN (4 miles from Saint Louis Park, MN)
- 18 days ago
- Eden Prairie, MN (4 miles from Saint Louis Park, MN)
- 18 days ago
Indirect Loan Officer - FT Full-Time Indirect Lending Eden Prairie, MN, US 4 days ago Requisition ID: 3455 Salary Range: $34.71 To $49.90 Hourly This is a hybrid position that requires individual to...
- Eden Prairie, MN (4 miles from Saint Louis Park, MN)
- 25 days ago
- Eden Prairie, MN (4 miles from Saint Louis Park, MN)
- 25 days ago
ESSENTIAL FUNCTIONS Knowledgeable of and adheres to Mortgage Loan origination process including relevant laws and regulations....
Residential Loan Officer - Madison
- Cottage Grove, MN (22 miles from Saint Louis Park, MN)
- 28 days ago
- Cottage Grove, MN (22 miles from Saint Louis Park, MN)
- 28 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...
- Hopkins, MN (4 miles from Saint Louis Park, MN)
- 28 days ago
- Hopkins, MN (4 miles from Saint Louis Park, MN)
- 28 days ago
This position oversees credit risk and monitors credit performance and lending risk profiles relative to peer lenders, external Agency Investor requirements, and internal performance targets....
work independently - Ability to analyze financial information - Effective verbal and written communication skills - Established referral base within assigned market preferred -2 years of mortgage loan...
Demographic Data for Saint Louis Park, MN
Moving to Saint Louis Park, MN? Find some basic demographic data about Saint Louis Park, MN below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Saint Louis Park, MN
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Saint Louis Park, MN 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
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