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.
Development Specialist Professions that excel in this role: Commercial Loan Officers, Financial Advisors/Planners, Insurance Agents/Brokers (Business Insurance), Real Estate Brokers/Agents (Commercial...
Remote WorkEnsures exceptional customer experience by overseeing the loan process from origination to close and providing on-going communication to customers and business partners Successful completion of all...
Financial Services Representative I Job Details Job Location Branch 54 McGuire - JB MDL, NJ Salary Range $21.25 - $27.00 Hourly Description re you ready for an exciting career in the financial...
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...
work independently - Ability to analyze financial information - Effective verbal and written communication skills - Established referral base within assigned market preferred -2 years of mortgage loan...
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...
, marketable secured lending, aircraft finance and art lending Preferred Qualifications, Capabilities, Skills Knowledge of capital markets and macro interest rate environment Knowledge of account maintenance...
Job Order Number: DE9943240 Job Title: Home Loan Specialist II Company: SolomonEdwards Location: Trenton, NJ Salary: Education: Less Than High School Experience: None Hours: Duration: Full Time,...
Stay up to date on Internal Compliance training Qualifications: Associate degree; High School diploma Five to seven years' experience in a financial institution mortgage lending or consumer lending...
origination experience 2 year college degree preferred (or equivalent experience) Proven sales skills and leadership abilities Knowledge, Skill and Ability Requirements: Ability to quickly connect...
- Pennington, NJ
- 19 days ago
- Pennington, NJ
- 19 days ago
Consumer Investments - Financial Services Representative Bank of America 3.2 ( ) Pennington, NJ Why you should apply for a job to Bank of America : Ranked as one of the 57% say women are treated...
Description CSPNJ, a mental health nonprofit agency, is looking for a full-time Financial Services Representative (FSR) for Salem County. Under the direction of the Director of Financial Services,...
Mortgage Loan Originator, Middlesex/Hudson/Union counties
- Union City, NJ
- 22 days ago
- Union City, NJ
- 22 days ago
The Mortgage Loan Originator is expected to spend most of their time out of the office developing contacts and originating mortgages....
Mortgage Loan Officer Positions - PA, NJ, and Maryland Opportunities!...
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
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Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in New Jersey
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in New Jersey offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- VA Loans
- BSA
- Loan Processing
- Federal National Morgage Association
- Commercial Lending
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Customer Satisfaction
- Finance
- Closing
- Collections
- Business Development
- Retail
- Customer Relations
- High School Diploma
- Negotiation
- Written Communication
- Documentation
- Accounting
- Employee Development
- Verbal Communication
- Telephone Skills
- Policy Development
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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