Loan Officer Jobs in Virginia

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.

1-15 of 58 Jobs

Operations Associate - Commercial Loan Servicer

  • Richmond, VA
  • 14 days ago
  • Richmond, VA
  • 14 days ago

in collaboration with the internal trade desk associates - adhering to strict timelines of buy/sell requirements with each lending request Work from Home Technology Requirements: A secure home office...

Remote Work

Sr. Loan Consultant

  • Chesapeake, VA
  • 2 hours ago
  • Chesapeake, VA
  • 2 hours 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....

Financial Services Representative

  • Rocky Mount, VA
  • 2 days ago
  • Rocky Mount, VA
  • 2 days ago

SUMMARY: As a Financial Services Representative, you are stepping into a dynamic role that blends customer interaction and providing financial expertise. The FSR role allows you to be the first...

Mortgage Loan Officer

  • Christiansburg, VA
  • 2 days ago
  • Christiansburg, VA
  • 2 days ago

It is the responsibility of the Mortgage Loan Officer to be able to handle all functions of originating a loan....

Mortgage Loan Specialist

  • Winchester, VA
  • 2 days ago
  • Winchester, VA
  • 2 days ago

Minimum of two years residential mortgage lending experience. A four-year college degree is preferred....

Mortgage Loan Officer I

  • Richmond, VA
  • 3 days ago
  • Richmond, VA
  • 3 days ago

principles and techniques + Experience in member/customer service preferably in a related field/industry, such as realty, insurance, retail banking or financial institution + Exposure to lending application...

Community CRA Mortgage Loan Originator

  • VA
  • 4 days ago
  • VA
  • 4 days ago

programs, and private investors, as gained through on the job training or some real estate brokerage experience - Basic knowledge of local, state and national laws (e.g., zoning ordinances, Truth-in Lending...

Non Bank Mortgage Loan Originator

  • VA
  • 4 days ago
  • VA
  • 4 days ago

programs, and private investors, as gained through on the job training or some real estate brokerage experience - Basic knowledge of local, state and national laws (e.g., zoning ordinances, Truth-in Lending...

Risk Management - Lead Credit Officer - Vice President

  • McLean, VA
  • 4 days ago
  • McLean, VA
  • 4 days ago

Experience with lending to sponsor-backed companies....

Mortgage Loan Officer - Loudoun County

  • Alexandria, VA
  • 4 days ago
  • Alexandria, VA
  • 4 days ago

It is the responsibility of the Mortgage Loan Officer to be able to handle all functions of originating a loan....

Mortgage Loan Specialist

  • Winchester, VA
  • 5 days ago
  • Winchester, VA
  • 5 days ago

origination systems and procedures Serve as a liaison for ARM production for assigned Certified ARM Originators Position Requirements Include: College Degree Preferred Minimum of 3 years mortgage lending...

Risk Management - Lead Credit Officer - Vice President

  • Mc Lean, VA
  • 5 days ago
  • Mc Lean, VA
  • 5 days ago

Experience with lending to sponsor-backed companies....

Loan Sales Specialist Sr

  • Herndon, VA
  • 7 days ago
  • Herndon, VA
  • 7 days ago

Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Consumer Loan Officer

  • Alexandria, VA
  • 8 days ago
  • Alexandria, VA
  • 8 days ago

SDFCU is seeking a Consumer Loan Officer to manage and process consumer loan applications from start to finish....

Inova Center of Personalized Health is looking for a dedicated Patient Financial Services Representative 4 to join the team. This role will be full-time day shift from Monday - Friday, 8:00 a.m. -...

Demographic Data for Virginia

Moving to Virginia? Find some basic demographic data about Virginia 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,...
How to Become a Police Officer in England and Wales
Currently, policing is unrepresentative of the society it represents. To correct that, its vital that underrepresented and disadvantaged groups can learn about policing and consider their options...

Title Synonyms

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Salary for Loan Officer Jobs in Virginia

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 Virginia offer the following education background
Bachelor's Degree
38.0%
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 Virginia
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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