Loan Officer Jobs in Red Bank, 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.
- Cranford, NJ (23 miles from Red Bank, NJ)
- 20 hours ago
- Cranford, NJ (23 miles from Red Bank, NJ)
- 20 hours 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...
- Manasquan, NJ (16 miles from Red Bank, NJ)
- 1 day ago
- Manasquan, NJ (16 miles from Red Bank, NJ)
- 1 day 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....
Bilingual Loan Sales Specialist
- Cranford, NJ (23 miles from Red Bank, NJ)
- 3 days ago
- Cranford, NJ (23 miles from Red Bank, NJ)
- 3 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...
Community Lending Officer - Fulton St.
- Brooklyn, NY (23 miles from Red Bank, NJ)
- 9 days ago
- Brooklyn, NY (23 miles from Red Bank, NJ)
- 9 days ago
Workshops and Business Development meetings Required Qualifications: 2+ years of experience in loan originations and/or home buyer education Knowledge of conventional and/or government guidelines as...
- Eatontown, NJ (4 miles from Red Bank, NJ)
- 10 days ago
- Eatontown, NJ (4 miles from Red Bank, NJ)
- 10 days ago
Must also meet one of the following 3 options: Actively funding more than 2 loans/month, or Xinnix Training completion for Loan Origination required, or Origination mentor assigned to new Loan Officer...
- Woodbridge, NJ (17 miles from Red Bank, NJ)
- 21 days ago
- Woodbridge, NJ (17 miles from Red Bank, 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...
Account Executive (Mortgage Consultant) - Jamaica/Queens/Brooklyn, NY
- Brooklyn, NY (23 miles from Red Bank, NJ)
- 24 days ago
- Brooklyn, NY (23 miles from Red Bank, 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...
Account Executive (Mortgage Consultant) - Piscataway, NJ
- Piscataway, NJ (24 miles from Red Bank, NJ)
- 24 days ago
- Piscataway, NJ (24 miles from Red Bank, 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...
Be the final decision maker on credits within their individual lending authority. Ensure compliance with credit policy and underwriting requirements. 3....
Be the final decision maker on credits within their individual lending authority. Ensure compliance with credit policy and underwriting requirements....
Community Lending Officer - Mapleton
- Brooklyn, NY (23 miles from Red Bank, NJ)
- 30+ days ago
- Brooklyn, NY (23 miles from Red Bank, NJ)
- 30+ days ago
process from application to close....
- Edison, NJ (20 miles from Red Bank, NJ)
- 30+ days ago
- Edison, NJ (20 miles from Red Bank, NJ)
- 30+ 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...
- Cranford, NJ (23 miles from Red Bank, NJ)
- 30+ days ago
- Cranford, NJ (23 miles from Red Bank, NJ)
- 30+ 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...
- Woodbridge, NJ (17 miles from Red Bank, NJ)
- 45+ days ago
- Woodbridge, NJ (17 miles from Red Bank, NJ)
- 45+ days ago
As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Central New Jersey. This position is primarily based in a location within PNC's footprint....
- Westfield, NJ (24 miles from Red Bank, NJ)
- 45+ days ago
- Westfield, NJ (24 miles from Red Bank, NJ)
- 45+ days ago
As a Mortgage Loan Officer within PNC's Mortgage organization, you will be based in Central New Jersey. This position is primarily based in a location within PNC's footprint....
Demographic Data for Red Bank, NJ
Moving to Red Bank, NJ? Find some basic demographic data about Red Bank, NJ below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Officer Jobs in Red Bank, NJ
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Red Bank, 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
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Loan Processing
- Credit Underwriting
- VA Loans
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Customer Relations
- Accounting
- Listening
- High School Diploma
- Retail
- Verbal Communication
- Negotiation
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Officer Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »