Loan Officer Jobs in New Brunswick, 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.

1-15 of 31 Jobs

Financial Services Representative, Trenton NJ

  • Trenton, NJ (24 miles from New Brunswick, NJ)
  • 4 hours ago
  • Trenton, NJ (24 miles from New Brunswick, NJ)
  • 4 hours ago

Lending and sales experience would be helpful and preferred. Strong knowledge of credit union products, lending processes, and digital banking tools. Attention to detail and accuracy....

Small Business Lending Consultant

  • Essex Fells, NJ (24 miles from New Brunswick, NJ)
  • 1 day ago
  • Essex Fells, NJ (24 miles from New Brunswick, NJ)
  • 1 day 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 Sales Specialist

  • New Brunswick, NJ
  • 5 days ago
  • New Brunswick, NJ
  • 5 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...

Private Bank - Lending Specialist - Executive Director

  • Summit, NJ (16 miles from New Brunswick, NJ)
  • 7 days ago
  • Summit, NJ (16 miles from New Brunswick, NJ)
  • 7 days ago

, marketable secured lending, aircraft finance and art lending Preferred Qualifications, Capabilities, Skills Knowledge of capital markets and macro interest rate environment Knowledge of account maintenance...

Loan Sales Specialist

  • North Brunswick, NJ (3 miles from New Brunswick, NJ)
  • 8 days ago
  • North Brunswick, NJ (3 miles from New Brunswick, NJ)
  • 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...

Home Loan Specialist II

  • Trenton, NJ (24 miles from New Brunswick, NJ)
  • 8 days ago
  • Trenton, NJ (24 miles from New Brunswick, NJ)
  • 8 days ago

Job Order Number: DE9943240 Job Title: Home Loan Specialist II Company: SolomonEdwards Location: Trenton, NJ Salary: Education: Less Than High School Experience: None Hours: Duration: Full Time,...

Consumer Loan Specialist

  • Bedminster, NJ (17 miles from New Brunswick, NJ)
  • 13 days ago
  • Bedminster, NJ (17 miles from New Brunswick, NJ)
  • 13 days ago

Stay up to date on Internal Compliance training Qualifications: Associate degree; High School diploma Five to seven years' experience in a financial institution mortgage lending or consumer lending...

Community Lending Officer - Staten Island Community Lending Officer - Staten Island

  • Staten Island, NY (20 miles from New Brunswick, NJ)
  • 20 days ago
  • Staten Island, NY (20 miles from New Brunswick, NJ)
  • 20 days ago

process from application to close....

Consumer Investments - Financial Services Representative Consumer Investments - Financial Services Representative

  • Pennington, NJ (21 miles from New Brunswick, NJ)
  • 20 days ago
  • Pennington, NJ (21 miles from New Brunswick, NJ)
  • 20 days ago

Consumer Investments - Financial Services Representative Bank of America 3.2 ( ) Pennington, NJ Why you should apply for a job to Bank of America : Ranked as one of the 57% say women are treated...

Loan Sales Specialist

  • Kearny, NJ (24 miles from New Brunswick, NJ)
  • 26 days ago
  • Kearny, NJ (24 miles from New Brunswick, NJ)
  • 26 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...

Assistant Loan Officer (New Business) - Newark, NJ

  • Newark, NJ (22 miles from New Brunswick, NJ)
  • 26 days ago
  • Newark, NJ (22 miles from New Brunswick, NJ)
  • 26 days ago

The Assistant Loan Officer will perform all aspects of the loan process for their assigned book of business....

Commercial Loan Specialist - Edison

  • Edison, NJ (3 miles from New Brunswick, NJ)
  • 30+ days ago
  • Edison, NJ (3 miles from New Brunswick, NJ)
  • 30+ days ago

Perform site visits of customers place of business Assist team with prep of credit memos with the loan officers for various purposes, including renewals, commitment extensions and loan revisions....

Credit Officer

  • Hamilton, NJ (23 miles from New Brunswick, NJ)
  • 30+ days ago
  • Hamilton, NJ (23 miles from New Brunswick, NJ)
  • 30+ days ago

Approves loans within lending authority and recommends approval of loans over lending authority. Assists in Loan Workout process and account management....

Senior Commercial Real Estate Credit Officer

  • Bridgewater, NJ (11 miles from New Brunswick, NJ)
  • 30+ days ago
  • Bridgewater, NJ (11 miles from New Brunswick, NJ)
  • 30+ days ago

Responsible for the execution of the corporation's Commercial Real Estate lending policies, procedures as well as the overall quality of the lending portfolio throughout their assigned market....

Home Mortgage Consultant (SAFE)

  • Short Hills, NJ (18 miles from New Brunswick, NJ)
  • 30+ days ago
  • Short Hills, NJ (18 miles from New Brunswick, NJ)
  • 30+ days ago

About this role: Wells Fargo is seeking a Mortgage Retail Sales Consultant (SAFE) in Consumer Lending as part of Home Lending....

Demographic Data for New Brunswick, NJ

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


Local
National
56,278
1,087
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...

Title Synonyms

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Salary for Loan Officer Jobs in New Brunswick, 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 New Brunswick, 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 New Brunswick, 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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