Loan Officer Jobs in Albany, NY
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.
Candidates must have understanding and knowledge of the commercial and mortgage loan processes....
Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....
Commercial Lending Loan Administrator I/II
- Saratoga Springs, NY (21 miles from Albany, NY)
- 7 days ago
- Saratoga Springs, NY (21 miles from Albany, NY)
- 7 days ago
Review documentation, input, and book commercial loans. Process ODL contracts....
Financial Services Representative Have a passion for helping people? Join our team of Financial Services Representative where youll have dedicated time to focus on growth and career development,...
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...
1st Priority Mortgage Inc. is looking to add an Experienced Mortgage Consultant to our Albany, NY region. As a member of 1st Priority Mortgage Inc. you have the opportunity and build relationships...
- Latham, NY (1 mile from Albany, NY)
- 20 days ago
- Latham, NY (1 mile from Albany, NY)
- 20 days ago
Overview Hudson Valley Credit Union is currently recruiting for the position of Mortgage Loan Originator....
- Ballston Spa, NY (18 miles from Albany, NY)
- 26 days ago
- Ballston Spa, NY (18 miles from Albany, NY)
- 26 days ago
We are growing! Invest in Your Future at BSNB! We are seeking an enthusiastic, detail-oriented individual for the position of Loan Servicing Specialist in our Loan Servicing department. Join a...
Loan Officer Assistant (SAFE Act)
- Ballston Lake, NY (14 miles from Albany, NY)
- 30+ days ago
- Ballston Lake, NY (14 miles from Albany, NY)
- 30+ days ago
Assist Loan Officer in developing and implementing marketing/sales support programs to develop new business....
Loan Services Specialist - Latham
- Latham, NY (1 mile from Albany, NY)
- 45+ days ago
- Latham, NY (1 mile from Albany, NY)
- 45+ days ago
passion and excitement for the profession, you would benefit from having: Education/Certifications: > High school degree or equivalent experience required > 2 years of experience required in banking or lending...
Residential Loan Consultant (On-Site)
- Saratoga Springs, NY (21 miles from Albany, NY)
- 45+ days ago
- Saratoga Springs, NY (21 miles from Albany, NY)
- 45+ days ago
Job Title: Residential Loan Consultant Department: Residential Lending Reports To: VP, Residential Lending Grade Level: Exempt, $35,000 Salary plus Commissions Location: Saratoga Springs, NY (Not Remote...
Must be eligible to be registered in the Nationwide Mortgage Licensing System & Registry for purposes of SAFE Act. PREFERRED EDUCATION/EXPERIENCE: A bachelor's degree in a business related field....
- Burnt Hills, NY (14 miles from Albany, NY)
- 90+ days ago
- Burnt Hills, NY (14 miles from Albany, NY)
- 90+ days ago
Position Overview: The Outside Loan Originator (Outside LO) is responsible for maintaining an NMLS license required under the S.A.F.E....
Demographic Data for Albany, NY
Moving to Albany, NY? Find some basic demographic data about Albany, NY 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 Albany, NY
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Albany, NY 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
- Filing
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- 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 »