Loan Officer Jobs in Canfield, OH
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.
- Columbiana, OH (10 miles from Canfield, OH)
- 8 days ago
- Columbiana, OH (10 miles from Canfield, OH)
- 8 days ago
Qualifications: 1+ years of experience in a sales position. High school diploma, bachelor's degree preferred. Highly motivated individual with an interest in the consumer finance industry. Capable...
Create and track various production and call reports on a monthly/quarterly/annual basis Travel to multiple retail banking offices and client homes/offices on a daily basis Generate new business leads...
The Mortgage Loan Originator (MLO) proactively solicits residential mortgage business and sells in-house and secondary market mortgage products to meet established production goals....
Mortgage Loan Officer - Residential Lending
- Columbiana, OH (10 miles from Canfield, OH)
- 60+ days ago
- Columbiana, OH (10 miles from Canfield, OH)
- 60+ days ago
SUMMARY: Originate various types of mortgage loans. Generate bank fee income by originating secondary market loans, and build or replace portfolio as directed by senior management. CUSTOMER...
Experienced Mortgage Loan Officer
- Youngstown, OH (8 miles from Canfield, OH)
- 90+ days ago
- Youngstown, OH (8 miles from Canfield, OH)
- 90+ days ago
Schedule an Appointment Take an Assessment Toggle navigation A Career in Real Estate Licensing Requirements Is Real Estate Right For You? Dare to Compare Agent Incentives Relocation & Business...
Demographic Data for Canfield, OH
Moving to Canfield, OH? Find some basic demographic data about Canfield, OH 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 Canfield, OH
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Canfield, OH offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Goal Oriented
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Loan Processing
- Credit Underwriting
- VA Loans
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Customer Relations
- Accounting
- Listening
- High School Diploma
- Retail
- Verbal Communication
- Negotiation
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- 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 »