Loan Officer Jobs in Hampton, VA

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.

1-13 of 13 Jobs

Loan Sales Specialist

  • Norfolk, VA (14 miles from Hampton, VA)
  • 1 day ago
  • Norfolk, VA (14 miles from Hampton, VA)
  • 1 day 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...

Retail Mortgage Loan Originator

  • Williamsburg, VA (22 miles from Hampton, VA)
  • 7 days ago
  • Williamsburg, VA (22 miles from Hampton, VA)
  • 7 days ago

Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....

Loan Specialist

  • Hampton, VA
  • 7 days ago
  • Hampton, VA
  • 7 days ago

Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are...

Loan Officer Trainee/Loan Officer

  • Windsor, VA (18 miles from Hampton, VA)
  • 11 days ago
  • Windsor, VA (18 miles from Hampton, VA)
  • 11 days ago

Credit/Windsor VA office Position Title: Loan Officer Trainee/Loan Officer (commensurate with experience and qualifications) Salary Information: (Loan Officer Trainee) $51,000+ commensurate with experience...

Mortgage Loan Officer

  • Chesapeake, VA (22 miles from Hampton, VA)
  • 28 days ago
  • Chesapeake, VA (22 miles from Hampton, VA)
  • 28 days ago

At least one year as a residential mortgage loan officer highly desired....

Direct Loan Specialist

  • Norfolk, VA (14 miles from Hampton, VA)
  • 30+ days ago
  • Norfolk, VA (14 miles from Hampton, VA)
  • 30+ days ago

Maintain the loan origination process, extract files, ftp, printing and downloading promissory notes, adjustments/changes and monthly reconciliation....

Commercial Relationship & Loan Specialist

  • Norfolk, VA (14 miles from Hampton, VA)
  • 30+ days ago
  • Norfolk, VA (14 miles from Hampton, VA)
  • 30+ days ago

Input the loan request into appropriate loan origination system. Prepare Debt Summary (if applicable)....

Loan Officer Assistant II

  • Chesapeake, VA (22 miles from Hampton, VA)
  • 45+ days ago
  • Chesapeake, VA (22 miles from Hampton, VA)
  • 45+ days ago

Possess a minimum of five years previous lending, loan processing or equivalent experience. Good interpersonal and communications skills....

Sr. Loan Consultant

  • Chesapeake, VA (22 miles from Hampton, VA)
  • 45+ days ago
  • Chesapeake, VA (22 miles from Hampton, VA)
  • 45+ days ago

Make loan decisions up to established lending limits or recommend loan decisions; process consumer loans; close consumer loans; collect accounts in varying stages of delinquency....

Mortgage Loan Officer

  • Williamsburg, VA (22 miles from Hampton, VA)
  • 60+ days ago
  • Williamsburg, VA (22 miles from Hampton, VA)
  • 60+ days ago

As a Loan Officer for NVR Mortgage, you will work directly with our homebuying customers from Ryan Homes, NVHomes and Heartland Homes....

Mortgage Loan Officer - Chesapeak, VA

  • Chesapeake, VA (22 miles from Hampton, VA)
  • 60+ days ago
  • Chesapeake, VA (22 miles from Hampton, VA)
  • 60+ days ago

Thorough working knowledge of real estate documentation, policies, compliance, and procedures High level of proficiency with mortgage loan processing and underwriting systems....

Remote Work

Direct Loan Specialist

  • Norfolk, VA (14 miles from Hampton, VA)
  • 60+ days ago
  • Norfolk, VA (14 miles from Hampton, VA)
  • 60+ days ago

Maintain the loan origination process, extract files, ftp, printing and downloading promissory notes, adjustments/changes and monthly reconciliation....

Mortgage Loan Officer - Outside Sales

  • Newport News, VA (3 miles from Hampton, VA)
  • 90+ days ago
  • Newport News, VA (3 miles from Hampton, VA)
  • 90+ days ago

Experience in the Fulton Mortgage Company Associate Mortgage Loan Officer Program may be accepted in lieu of 1 year required residential mortgage lending experience. 1 or more years Proven ability to...

Demographic Data for Hampton, VA

Moving to Hampton, VA? Find some basic demographic data about Hampton, VA below.


Local
National
8,631,637
205,142

Loan Officer Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Loan Officer Mortage: (Prep Test)
The Practice Exam is designed to closely replicate the true exam experience in terms of the degree of difficulty, format, and topics covered. the questions are designed to help you learn faster...
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...

Title Synonyms

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Salary for Loan Officer Jobs in Hampton, VA

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Officer positions.



Highest Education Level

Loan Officers in Hampton, VA offer the following education background
Bachelor's Degree
38.1%
High School or GED
20.6%
Master's Degree
13.8%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.2%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Officers in Hampton, VA
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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