Loan Officer Jobs in Princeton, 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 30 Jobs

Life Services Financial Services Representative

  • Pennington, NJ (7 miles from Princeton, NJ)
  • 17 hours ago
  • Pennington, NJ (7 miles from Princeton, NJ)
  • 17 hours ago

Job Description: Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run...

Residential Lending Loan Officer Associate

  • Trenton, NJ (11 miles from Princeton, NJ)
  • 3 days ago
  • Trenton, NJ (11 miles from Princeton, NJ)
  • 3 days ago

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

Loan Officer Assistant - Retail

  • Trenton, NJ (11 miles from Princeton, NJ)
  • 3 days ago
  • Trenton, NJ (11 miles from Princeton, NJ)
  • 3 days ago

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

Mortgage Loan Officer - Retail

  • Trenton, NJ (11 miles from Princeton, NJ)
  • 7 days ago
  • Trenton, NJ (11 miles from Princeton, NJ)
  • 7 days ago

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

Senior officer - Loan Servicing

  • Trenton, NJ (11 miles from Princeton, NJ)
  • 9 days ago
  • Trenton, NJ (11 miles from Princeton, NJ)
  • 9 days ago

Experience: Seven+ years of financial or banking experience, including commercial credit training, lending, loan review, or similar experience....

Mortgage Loan Officer - Bilingual in Spanish Preferred

  • Branchburg, NJ (11 miles from Princeton, NJ)
  • 10 days ago
  • Branchburg, NJ (11 miles from Princeton, NJ)
  • 10 days ago

Officer or equivalent Successfully demonstrates effective selling skills and behaviors Have experience with Encompass loan origination system (required) If this sounds like the right opportunity for...

Student Financial Services Representative

  • Langhorne, PA (18 miles from Princeton, NJ)
  • 11 days ago
  • Langhorne, PA (18 miles from Princeton, NJ)
  • 11 days ago

Student Financial Services Student Financial Services Representative Department Purpose The Student Financial Services (SFS) department supports Cairn University's mission by providing caring,...

Loan Officer Assistant

  • Trenton, NJ (11 miles from Princeton, NJ)
  • 20 days ago
  • Trenton, NJ (11 miles from Princeton, NJ)
  • 20 days ago

Diploma * Minimum 2 years residential loan originations or processing experience in a mortgage banking company. * Minimum 2 years of experience with state and federal lending regulations (e.g....

Commercial Loan Officer

  • Morrisville, PA (14 miles from Princeton, NJ)
  • 21 days ago
  • Morrisville, PA (14 miles from Princeton, NJ)
  • 21 days ago

Commercial Loan Officer Commercial Loan Officers work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....

Commercial Loan Review Officer

  • Bridgewater, NJ (15 miles from Princeton, NJ)
  • 21 days ago
  • Bridgewater, NJ (15 miles from Princeton, NJ)
  • 21 days ago

(Required) Experience 3 or more years commercial lending and credit training. (Required) 0 to 6 months formal credit training from a bank program or certified credit training program....

Loan Sales Specialist

  • Kingston, NJ (2 miles from Princeton, NJ)
  • 21 days ago
  • Kingston, NJ (2 miles from Princeton, NJ)
  • 21 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...

Loan Officer Assistant

  • Woodbridge, NJ (22 miles from Princeton, NJ)
  • 21 days ago
  • Woodbridge, NJ (22 miles from Princeton, NJ)
  • 21 days ago

experience Organizational skills Data collection Associate's degree 2 years Marketing Full Job Description Overview: The Loan Officer Assistant role is focused on supporting the Loan Officer team in...

DNA PS Implementation Support, Loan Consultant

  • Berkeley Heights, NJ (24 miles from Princeton, NJ)
  • 22 days ago
  • Berkeley Heights, NJ (24 miles from Princeton, NJ)
  • 22 days ago

Job Title DNA PS Implementation Support, Loan Consultant What does a successful Lending Implementation Consultant do?...

Commercial Loan Administrator

  • Bensalem, PA (24 miles from Princeton, NJ)
  • 24 days ago
  • Bensalem, PA (24 miles from Princeton, NJ)
  • 24 days ago

This position would be to assist the loan officers with creating and preparing the loan packages. 2 years of commercial banking experience is required....

Account Executive (Mortgage Consultant) - Piscataway, NJ

  • Piscataway, NJ (15 miles from Princeton, NJ)
  • 24 days ago
  • Piscataway, NJ (15 miles from Princeton, NJ)
  • 24 days ago

About Guidance Residential We are the largest and most respected Sharia-Compliant home financier in the United States. Our company has the most recognized brand worldwide, and has been endorsed by...

Demographic Data for Princeton, NJ

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


Local
National
55,890
2,587
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...
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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 Princeton, 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 Princeton, NJ 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 Princeton, 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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