Loan Officer Jobs in Federal Way, WA

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 28 Jobs

Mortgage Loan Officer - Puyallup

  • Puyallup, WA (7 miles from Federal Way, WA)
  • 5 hours ago
  • Puyallup, WA (7 miles from Federal Way, WA)
  • 5 hours ago

Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....

Financial Services Representative I, II, Senior

  • Bellevue, WA (21 miles from Federal Way, WA)
  • 1 day ago
  • Bellevue, WA (21 miles from Federal Way, WA)
  • 1 day ago

Overview: Reports to: Varies by location Functions Supervised: None Primary Functions : Deliver positive member experiences through a consultative, empathetic, and personalized service approach in...

Residential Loan Officer

  • Puyallup, WA (7 miles from Federal Way, WA)
  • 1 day ago
  • Puyallup, WA (7 miles from Federal Way, WA)
  • 1 day ago

lending process Preferred Qualifications: College coursework in business or finance One year of combined experience in loan origination, loan processing, or other related fields One year of conducting...

Mortgage Loan Officer

  • Tacoma, WA (9 miles from Federal Way, WA)
  • 1 day ago
  • Tacoma, WA (9 miles from Federal Way, WA)
  • 1 day ago

Essential Functions Prospect home lending business to build and develop new client loan originations and relationships....

Risk Management - Lead Credit Officer - Vice President

  • Seattle, WA (21 miles from Federal Way, WA)
  • 4 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 4 days ago

Required Qualifications, Capabilities, and Skills: Minimum 7+ years of experience in commercial real estate lending, credit analysis, or loan workouts....

Middle Office Loan Specialist - Remote

  • Seattle, WA (21 miles from Federal Way, WA)
  • 4 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 4 days ago

Working knowledge of general loan documentation, loan closing processes and procedures, lending policies, compliance and lending regulations....

Remote Work

Consumer Loan Specialist

  • Federal Way, WA
  • 8 days ago
  • Federal Way, WA
  • 8 days ago

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....

Loan Officer Assistant

  • Maple Valley, WA (13 miles from Federal Way, WA)
  • 9 days ago
  • Maple Valley, WA (13 miles from Federal Way, WA)
  • 9 days ago

Essential Functions Lead to Contract duties: Acting as a primary point of contact for the customer contact for licensed activity, for the loan officer....

Mortgage Loan Officer - Tacoma

  • Tacoma, WA (9 miles from Federal Way, WA)
  • 12 days ago
  • Tacoma, WA (9 miles from Federal Way, WA)
  • 12 days ago

Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....

Private Mortgage Banker

  • Bellevue, WA (21 miles from Federal Way, WA)
  • 12 days ago
  • Bellevue, WA (21 miles from Federal Way, WA)
  • 12 days ago

About this role: Wells Fargo is seeking an CA-WA Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending....

Loan Servicing Specialist

  • Seattle, WA (21 miles from Federal Way, WA)
  • 13 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 13 days ago

Experience in real estate lending processing and documentation is beneficial. Benefits At WaFd Bank you get all of these great benefits!...

Commercial Loan Officer

  • Tacoma, WA (9 miles from Federal Way, WA)
  • 14 days ago
  • Tacoma, WA (9 miles from Federal Way, WA)
  • 14 days ago

Actively seeking an experienced commercial lender to join a team of successful professionals who will collectively develop creative financing solutions to resolve complex and often unique issues for...

Supervising Mortgage Loan Officer Supervising Mortgage Loan Officer

  • Seattle, WA (21 miles from Federal Way, WA)
  • 20 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 20 days ago

Supervising Mortgage Loan Officer PNC Financial Services Group 3.6 ( ) Seattle, WA Why you should apply for a job to PNC Financial Services Group : Ranked as one of the 4.1/5 in supportive management...

Premier Loan Officer Premier Loan Officer

  • Seattle, WA (21 miles from Federal Way, WA)
  • 20 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 20 days ago

Role Requirements: 1+ years of purchase mortgage origination experience as an active NMLS Loan Originator with multiple state licenses, or a Loan Originator working under a bank license (required) Physically...

Commercial Real Estate Loan Officer

  • Seattle, WA (21 miles from Federal Way, WA)
  • 20 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 20 days ago

Actively seeking a Commercial Real Estate Loan Officer to solicit new CRE loan business through a network of brokers, business owners, and investors....

Demographic Data for Federal Way, WA

Moving to Federal Way, WA? Find some basic demographic data about Federal Way, WA below.


Local
National
7,705,271
197,951

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 Federal Way, WA

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 Federal Way, WA 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 Federal Way, WA
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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