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.
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...
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...
None POSITION SUMMARY The Loan Officer Assistant will support Mortgage Loan Officers in all administrative, non-origination aspects of the mortgage loan origination process....
Enter complete and thorough application information into the loan origination system....
The Loan Officer will deliver exceptional customer service by educating the borrowers on their options and guiding them through the loan process....
lending industry Working knowledge of mortgage lending requirements, regulations and procedures for VA and conventional loan programs Working knowledge of mortgage/equity loan processing, closing and...
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...
Financial Services Representative I Job Details Job Location Branch 82 West Springfield - West Springfield, VA Description Are you ready for an exciting career in the financial services industry?...
Position: Consumer Loan Specialist Company: Mariner Finance Location: On-site/in office Hours: full time - 40 hours per week Description Qualifications: 1+ years of experience in a sales position....
Makes recommendations to customers regarding other bank products or to alternative lending vehicles, as needed.Negotiates terms and conditions of loans with mortgagors....
Closed Loan Review Admin Description: Responsible for reviewing, auditing, and interacting with all participating Lenders to assure documents meet State, Investor, and Regulatory Requirements....
The SouthState story is one of steady growth, deep community roots, and an unwavering commitment to helping our customers move forward. Since our beginnings in the 1930s to becoming a trusted...
Minimum of one (1) year of experience working as a Loan Originator is required Must possess, or have the ability to possess upon hire, a Mortgage Loan Originator (MLO) license per the SAFE Act; may...
Remote WorkTwo or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....
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...
Demographic Data for Virginia
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Salary for Loan Officer Jobs in Virginia
Required or preferred licenses and certifications for Loan Officer positions.
Highest Education Level
Loan Officers in Virginia 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
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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