Loan Officer Jobs in Memphis, TN
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.
VA loans compliant with investor requirements and all State and Federal laws and regulations....
Loan Officer A community bank is looking to add an experienced Loan Officer to its team and increase market presence....
Sr. Consumer Loan Specialist - Sales Customer Service
- Olive Branch, MS (21 miles from Memphis, TN)
- 8 days ago
- Olive Branch, MS (21 miles from Memphis, TN)
- 8 days ago
Assists potential borrowers by explaining the loan process, answering questions regarding loan products and loan processing....
Credit Officer Commercial Agriculture Job Details Farm Credit Mid-America
- Marion, AR (8 miles from Memphis, TN)
- 12 days ago
- Marion, AR (8 miles from Memphis, TN)
- 12 days ago
Analyzing loans originated by the VP Agricultural Lending and providing prompt turnaround on loan processing....
- Olive Branch, MS (21 miles from Memphis, TN)
- 12 days ago
- Olive Branch, MS (21 miles from Memphis, TN)
- 12 days ago
Position: Consumer Loan Specialist Company: Mariner Finance Location: On-site/in office Hours: full time- 40 hours per week Qualifications: 1+ years of experience in a sales position. High school...
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
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....
- Bartlett, TN (15 miles from Memphis, TN)
- 20 days ago
- Bartlett, TN (15 miles from Memphis, TN)
- 20 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...
Mortgage Loan Officer - Tennessee (Memphis, Knoxville)
- Memphis, TN
- 22 days ago
- Memphis, TN
- 22 days ago
Requirements + High School Diploma or GED + One (1) year of mortgage lending experience with proven mortgage production + Abundant mortgage experience in developing external business via referral partners...
Join a leading consumer credit lender that thrives on innovation and collaboration, where your contributions are truly valued....
- Collierville, TN (22 miles from Memphis, TN)
- 28 days ago
- Collierville, TN (22 miles from Memphis, TN)
- 28 days ago
Join a leading consumer credit lender that thrives on innovation and collaboration, where your contributions are truly valued....
All employees meeting the definition of MLO must be registered with the Nationwide Mortgage Licensing System & Registry (NMLS)....
- Bartlett, TN (15 miles from Memphis, TN)
- 30+ days ago
- Bartlett, TN (15 miles from Memphis, TN)
- 30+ days ago
Must also meet one of the following 3 options: Actively funding more than 2 loans/month, or Xinnix Training completion for Loan Origination required, or Origination mentor assigned to new Loan Officer...
Overview The purpose of this job is to manage and promote community lending products and activities throughout the Trustmark Bank service area, with a focus on assisting borrowers in low to moderate...
Maintain relationships with realtors by providing superior service Originate and promote Trustmarks Community Lending Loans and Products Coordinate and assist the mortgage dept. in the origination and...
Demographic Data for Memphis, TN
Moving to Memphis, TN? Find some basic demographic data about Memphis, TN below.
Loan Officer Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Officer Jobs in Memphis, TN
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Memphis, TN 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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