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.

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Mortgage Loan Officer - Bilingual in Spanish Preferred

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

Consumer Loan Specialist

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

Consumer Loan Specialist Reports To Branch Manager FLSA Status Non- Exempt Schedule: Full-time, 40 hours Monday through Friday. Saturday hours required seasonally and as business needs require....

Commercial Loan Review Officer

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

  • Washington, NJ
  • 26 days ago
  • Washington, 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...

C&I Commercial Loan Officer

  • Lehigh Valley, PA (23 miles from Washington, NJ)
  • 27 days ago
  • Lehigh Valley, PA (23 miles from Washington, NJ)
  • 27 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....

Commercial Loan Officer

  • Bethlehem, PA (22 miles from Washington, NJ)
  • 28 days ago
  • Bethlehem, PA (22 miles from Washington, NJ)
  • 28 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 Officer

  • Easton, PA (10 miles from Washington, NJ)
  • 28 days ago
  • Easton, PA (10 miles from Washington, NJ)
  • 28 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....

Loan Sales Specialist

  • Washington, NJ
  • 30+ days ago
  • Washington, NJ
  • 30+ 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)
  • 60+ days ago
  • Bethlehem, PA (22 miles from Washington, NJ)
  • 60+ 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.
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Title Synonyms

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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
20.7%
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 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%



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