Loan Officer Jobs in Washington, 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.

1-12 of 12 Jobs

Mortgage Loan Officer

  • Hillsborough, NJ (24 miles from Washington, NJ)
  • 3 days ago
  • Hillsborough, NJ (24 miles from Washington, NJ)
  • 3 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....

Loan Officer Sales Assistant

  • Clinton, NJ (8 miles from Washington, NJ)
  • 4 days ago
  • Clinton, NJ (8 miles from Washington, NJ)
  • 4 days ago

Position Summary The Loan Officer Sales assistant is responsible for assisting their assigned Mortgage Loan Officer/s with the loan origination administrative duties that are part of a Loan Officer's...

Loan Sales Specialist

  • East Stroudsburg, PA (20 miles from Washington, NJ)
  • 4 days ago
  • East Stroudsburg, PA (20 miles from Washington, NJ)
  • 4 days ago

Learn all facets of direct consumer lending Learn credit underwriting techniques and skills Manage servicing and collections activities Provide referral or walk-in customers with the proper loan products...

Loan Sales Specialist

  • Washington, NJ
  • 5 days ago
  • Washington, 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...

Senior Loan Administrator

  • Bedminster, NJ (18 miles from Washington, NJ)
  • 7 days ago
  • Bedminster, NJ (18 miles from Washington, NJ)
  • 7 days ago

Company Overview: Peapack Private Bank & Trust is a leader in wealth, lending and deposit solutions....

Commercial Loan Officer

  • East Stroudsburg, PA (20 miles from Washington, NJ)
  • 12 days ago
  • East Stroudsburg, PA (20 miles from Washington, NJ)
  • 12 days ago

Experience: A minimum of five (5) years commercial lending or related lending experience. Education: Bachelor's degree in business administration, accounting or finance preferred....

Commercial Loan Administrator

  • Bethlehem, PA (22 miles from Washington, NJ)
  • 13 days ago
  • Bethlehem, PA (22 miles from Washington, NJ)
  • 13 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....

C&I Commercial Loan Officer

  • Lehigh Valley, PA (23 miles from Washington, NJ)
  • 18 days ago
  • Lehigh Valley, PA (23 miles from Washington, NJ)
  • 18 days ago

C&I Commercial Loan Officer Commercial Loan Officers, or Relationship Managers, work to help business owners obtain funds needed to fund their businesses, purchase property, equipment, and more....

Jr Commercial Loan Officer

  • Lehigh Valley, PA (23 miles from Washington, NJ)
  • 21 days ago
  • Lehigh Valley, PA (23 miles from Washington, NJ)
  • 21 days ago

Junior Loan Officer Junior Loan Officers work alongside established ag and commercial lenders to learn the industry, and market area, and learn the rules and regulations....

Mortgage Loan Officer - Bilingual in Spanish Preferred

  • Branchburg, NJ (21 miles from Washington, NJ)
  • 45+ days ago
  • Branchburg, NJ (21 miles from Washington, NJ)
  • 45+ 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...

Loan Sales Specialist

  • Washington, NJ
  • 60+ days ago
  • Washington, NJ
  • 60+ days ago

OneMain Holdings, Inc. is an Equal Employment Opportunity (EEO) employer. Qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship status, color,...

Mortgage Loan Officer

  • Bethlehem, PA (22 miles from Washington, NJ)
  • 90+ days ago
  • Bethlehem, PA (22 miles from Washington, 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....

Demographic Data for Washington, NJ

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


Local
National
14,971
317
Medium/Sm

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.
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,...
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...
How to Become a Police Officer in England and Wales
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...

Title Synonyms

Users interested in this job title also searched for the following job titles


Salary for Loan Officer Jobs in Washington, 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 Washington, NJ offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.6%
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 Washington, 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%



Loan Officer Related Career Advice Articles

banker looking at charts on laptop
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 »
personal banker going over paperwork with her clients
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 »