Loan Officer Jobs in New Jersey

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 54 Jobs

Mortgage Loan Officer

  • Hillsborough, NJ
  • 2 days ago
  • Hillsborough, NJ
  • 2 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....

Commercial Loan Review Officer

  • Parsippany, NJ
  • 3 days ago
  • Parsippany, NJ
  • 3 days ago

Commercial Loan Review Officer** The Credit Risk Officer job manages large credit risk management projects and processes to ensure that an appropriate framework exists for the monitoring,...

Loan Officer Sales Assistant

  • Clinton, NJ
  • 3 days ago
  • Clinton, NJ
  • 3 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...

Mortgage Loan Officer

  • Fords, NJ
  • 4 days ago
  • Fords, NJ
  • 4 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 PNCs footprint....

Loan Sales Specialist

  • Washington, NJ
  • 4 days ago
  • Washington, NJ
  • 4 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

  • Newark, NJ
  • 5 days ago
  • Newark, NJ
  • 5 days ago

We have a culture that encourages an entrepreneurial spirit We offer multiple opportunities for development and upward mobility In the Loan Officer role, you will perform all aspects of the loan process...

Senior Loan Administrator

  • Bedminster, NJ
  • 7 days ago
  • Bedminster, NJ
  • 7 days ago

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

Responsibilities Please note this is a 40 hour a week requirement. This a six-to-twelve-month program with the potential to be hired full time. Analyze business needs according to the priorities...

Mortgage Loan Officer

  • NJ
  • 9 days ago
  • NJ
  • 9 days ago

We are currently hiring dedicated Mortgage Loan Officers who proactively identify, build and maintain a quality network of business relationships that serves as a source of referrals for new mortgage...

Remote Work

Senior Loan Advisor - Purchase

  • Marlton, NJ
  • 10 days ago
  • Marlton, NJ
  • 10 days ago

Ensures exceptional customer experience by overseeing the loan process from origination to close and providing on-going communication to customers and business partners....

Remote Loan Advisor

  • Marlton, NJ
  • 10 days ago
  • Marlton, NJ
  • 10 days ago

Clearly communicates the loan program terms and benefits available to the customer as well as the loan process....

Remote Work

Construction Loan Administrator II

  • Woodbridge, NJ
  • 10 days ago
  • Woodbridge, NJ
  • 10 days ago

KEY RESPONSIBILITIES: Prepares and reviews pre-closing documentation for commercial lending and/or commercial real estate construction loans....

Mortgage Advisor - Jersey City, NJ

  • Jersey City, NJ
  • 12 days ago
  • Jersey City, NJ
  • 12 days ago

any mortgage loan origination activity At least one (1) to three (3) years of retail mortgage loan origination experience preferred General financial sales, real estate or mortgage operations experience...

Outside Loan Originator

  • Fairfield, NJ
  • 13 days ago
  • Fairfield, NJ
  • 13 days ago

Under the direct supervision of the Branch Manager, the job responsibilities of the External Mortgage Loan Originator position include, but are not limited to, the following: Primary duty is to sell...

Loan Sales Specialist

  • Secaucus, NJ
  • 13 days ago
  • Secaucus, NJ
  • 13 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...

Demographic Data for New Jersey

Moving to New Jersey? Find some basic demographic data about New Jersey below.


Local
National
9,288,994
232,891

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

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Salary for Loan Officer Jobs in New Jersey

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 Jersey 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 New Jersey
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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