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.
- Toms River, NJ (14 miles from Barnegat, NJ)
- 6 days ago
- Toms River, NJ (14 miles from Barnegat, NJ)
- 6 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...
- Galloway, NJ (23 miles from Barnegat, NJ)
- 45+ days ago
- Galloway, NJ (23 miles from Barnegat, NJ)
- 45+ days ago
(Required) Experience 4 or more years Current residential mortgage lending....
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)
- 60+ days ago
- Galloway, NJ (23 miles from Barnegat, NJ)
- 60+ 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
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Salary for Loan Officer Jobs in Barnegat, NJ
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Barnegat, NJ offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- Credit Underwriting
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Collections
- Closing
- Customer Relations
- Accounting
- Retail
- High School Diploma
- Business Development
- Negotiation
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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