Loan Officer Jobs in Lubbock, TX
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 Workreleased to residential mortgage lending What you'll need to be successful: Success in this job relies on your time management skills, organization, and positive attitude....
Assists loan officers in the analysis, servicing and reporting of mortgage and commercial loans....
Develops and manages loan portfolios that include purchased participations and loans originated in the trade area served by the Association....
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
PlainsCapital Bank is seeking results-driven Commercial Loan Officers to join our team....
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
Originating experience Ability to maintain flexible work schedule, including evening and weekend work Valid driver's license and dependable transportation NMLS License required, or willing to obtain...
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
GENERAL DESCRIPTION OF POSITION The Mortgage Loan Originator solicits residential first mortgages through contacts with Realtors, builders, and developers....
Demographic Data for Lubbock, TX
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Salary for Loan Officer Jobs in Lubbock, TX
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Lubbock, TX offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Officer position
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Credit Underwriting
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Sales Management
- Referrals
- Customer Satisfaction
- Collections
- Finance
- Closing
- Accounting
- Customer Relations
- Retail
- High School Diploma
- Business Development
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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