Loan Officer Jobs in Allentown, PA
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.
Mortgage Loan Officer - Trexler Town
- Trexlertown, PA (7 miles from Allentown, PA)
- 6 hours ago
- Trexlertown, PA (7 miles from Allentown, PA)
- 6 hours ago
Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....
- Whitehall, PA (3 miles from Allentown, PA)
- 20 hours ago
- Whitehall, PA (3 miles from Allentown, PA)
- 20 hours 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...
On-Site Allentown, PA The purpose of the Loan Officer Assistant is to provide essential support to a Mortgage Loan Officer throughout the loan application process, ensuring efficiency and excellent...
- Easton, PA (15 miles from Allentown, PA)
- 14 days ago
- Easton, PA (15 miles from Allentown, PA)
- 14 days ago
A local community bank is looking to add a new SBA Commercial Loan Officer to their team. This organization is a long-standing bank with a great reputation!...
A local community bank is looking to add a new SBA Commercial Loan Officer to their team. This organization is a long-standing bank with a great reputation!...
- Bath, PA (10 miles from Allentown, PA)
- 18 days ago
- Bath, PA (10 miles from Allentown, PA)
- 18 days ago
We pride ourselves on the superior level of service that our status as a mortgage lender enables us to provide. Since 2001, we have been recognized as a top-choice residential lender in the St....
- Lehigh Valley, PA (3 miles from Allentown, PA)
- 20 days ago
- Lehigh Valley, PA (3 miles from Allentown, PA)
- 20 days ago
This position would be to assist the loan officers with creating and preparing the loan packages. 2 years of commercial banking experience is required....
Reverse Mortgage Originator Development Program
- Allentown, PA
- 30+ days ago
- Allentown, PA
- 30+ days ago
originators to apply....
Remote WorkThis position would be to assist the loan officers with creating and preparing the loan packages. 2 years of commercial banking experience is required....
Own the Loan Process - Oversee the loan application lifecycle, coordinating with underwriting, processing, and closing teams to ensure timely funding....
Community Development Loan Officer
- Whitehall, PA (3 miles from Allentown, PA)
- 45+ days ago
- Whitehall, PA (3 miles from Allentown, PA)
- 45+ days ago
Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....
- Quakertown, PA (12 miles from Allentown, PA)
- 90+ days ago
- Quakertown, PA (12 miles from Allentown, PA)
- 90+ days ago
The incumbent will handle more complex and difficult customer problems and provide guidance and training to less-experienced loan processing personnel as directed....
Demographic Data for Allentown, PA
Moving to Allentown, PA? Find some basic demographic data about Allentown, PA below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Allentown, PA
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Allentown, PA 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
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