Loan Officer Jobs in Barnegat, NJ

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.

1-5 of 5 Jobs

Mortgage Loan Officer

  • Toms River, NJ (14 miles from Barnegat, NJ)
  • 6 hours ago
  • Toms River, NJ (14 miles from Barnegat, NJ)
  • 6 hours ago

As a(n) Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Monmouth or Ocean County, NJ based on your referral network....

Commercial Loan Servicing Specialist

  • Toms River, NJ (14 miles from Barnegat, NJ)
  • 27 days ago
  • Toms River, NJ (14 miles from Barnegat, NJ)
  • 27 days ago

Lending Teams, Special Asset Department, Deposit Operations, Auditors, etc. 15....

Senior Mortgage Loan Officer

  • Galloway, NJ (23 miles from Barnegat, NJ)
  • 90+ days ago
  • Galloway, NJ (23 miles from Barnegat, NJ)
  • 90+ days ago

(Required) Experience 4 or more years Current residential mortgage lending....

Mortgage Loan Officer

  • Barnegat, NJ
  • 90+ days ago
  • Barnegat, NJ
  • 90+ days ago

Experience in the Fulton Mortgage Company Associate Mortgage Loan Officer Program may be accepted in lieu of 1 year required residential mortgage lending experience. 1 or more years Proven ability to...

Mortgage Loan Officer - Outside Sales

  • Galloway, NJ (23 miles from Barnegat, NJ)
  • 90+ days ago
  • Galloway, NJ (23 miles from Barnegat, NJ)
  • 90+ days ago

Completes paperwork related to the loans originated. Prepares materials needed to support loan activities. Attends company meetings as necessary....

Demographic Data for Barnegat, NJ

Moving to Barnegat, NJ? Find some basic demographic data about Barnegat, NJ below.


Local
National
25,814
305
Medium

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 Barnegat, NJ

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 Barnegat, NJ 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 Barnegat, NJ
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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