Loan Officer Jobs

Loan Officer Overview


A loan officer serves as the middleman between institutions that provide loans, such as banks and mortgage companies, and the individuals who take out the loans. A loan officer is responsible for finding a middle ground between the lender and the applicant that is both fair and financially responsible to both sides; this means ensuring the loan amount is not more than the applicant can pay while also ensuring that the interest rates are manageable.

Loan Officer Education Requirements


Loan officers must have a bachelor’s degree in finance or a related field. Once hired, a moderate amount of training is provided by the employer, most commonly in the specific practices of that company. In addition, loan officers must have strong interpersonal skills in order to negotiate with clients, clear communication ability so that the client fully understands everything the loan officer presents, and the ability to properly read financial reports and understand the underlying meaning.

Loan Officer Job Market


The job availability for loan officers is expected to grow by 8 percent by 2022. While this is a bit slower than most careers, the growth will still result in around 7,720 new jobs opening up each year. Because of the variety of entities that require loans, loan officers often work in commercial lending or as a loan underwriter.

Loan Officer Salary


Loan officers earn around $42,000 per year on average although the salary can be as low as $20,000 or as high as $150,000 depending on the employer. Other factors also come into play, including the experience of the loan officer, the number of loans he or she is able to give, and the repayment rates of the loans he or she originates. Larger banking and lending institutions pay far more than smaller companies.
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1000+ Loan Officer jobs found on Monster.

Jobs 1 to 20 of 6589
One of our high producing loan originators in Scottsdale is looking to add to their highly experienced team. We are seeking a licensed loan officer or a licensed loan officer assistant with a minimum of 3 years of current experience for these positions. Experience with mortgage clients on a daily basis as well as being licensed is a must! Experienced Loan Officers - Love the business and truly ho...
This is a direct hire, long-term opportunity. An FDIC insured bank located in Timonium, MD is now extensively expanding their loan officer team. The company?s Personal banking goes beyond simply managing money. Established in 1925, it conducts business with a strong emphasis on all areas of lending - including consumer, residential, construction and commercial. They are seeking Loan Officers wit...
CHS Capitalhas an exciting opportunity in our CHS Capital group. We are looking for aLoan Officerto maintain a business relationship with managers and directors of local cooperatives that borrow from CHS Capital. The loan officer is expected to maintain a very high quality loan portfolio, maintain good customer relations with borrowers and intervene when business results warrant intervention. You ...
About TD Bank, America's Most Convenient Bank® TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD...
About TD Bank, America's Most Convenient Bank® TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD...
Job Description: This is an outstanding opportunity for an established, licensed loan originator to join a growing organization, with a business model that allows you to focus your attention on what you are good at - loan origination! Based inside one of our partner Credit Unions, you will be responsible for selling VA, FHA, Condo and Two Unit property loans to the existing Credit Union Member b...
Elevate Your Career at ditech: Ditech Mortgage Corp. (“ditech”) is actively seeking production teams that are looking to grow professionally and financially. Take advantage of what we can offer you to elevate your career and income. Our focus is on self-sourcing state licensed loan originators with the skill and experience to generate quality mortgage loans through a network of Realtors, builders...
Aurora Financial is a Direct Lender in Tyson's Corner, VA. www.auroraf.com Lending in 23 states. • Live In-Bound Calls, No selling or negotiating required. Simply honor what we advertise. (10-15 leads per day) CLOSE IN 10 DAYS! $1,000 ON-TIME CLOSING GUARANTEE FREE RATE FLOAT DOWNS 7 DAY EXPRESS CLOSE • In House Processing, Underwriting and Closing. • We do FHA, VA and Conventional. •ESign...
Elevate Your Career at ditech: Ditech Mortgage Corp. (“ditech”) is actively seeking production teams that are looking to grow professionally and financially. Take advantage of what we can offer you to elevate your career and income. Our focus is on self-sourcing state licensed loan originators with the skill and experience to generate quality mortgage loans through a network of Realtors, builders...
Immediate opportunity for a NMLS licensed - Spanish bi-lingual Loan Officer. Must have a minimum of 4 years recent experience in the mortgage industry working with real estate professionals. Must have a thorough knowledge of Conv & FHA/VA products. Please fax resume to 856-917-2601 or email to ***** EEO/AA M/F/D/V DFWP...
HELP WANTED: Waumandee State Bank is seeking a Branch Manager/Loan Officer for our Black River Falls location. The ideal candidate will have a special enthusiasm and genuine desire to excel. The successful applicant will be responsible for managing the operations and lending functions for the location, maintain loan portfolio, promote business development, participate and provide recommendations t...
Are you looking to join a dynamic, team-oriented environment with opportunity to forge a great career? If you have experience and a desire to work in Sales, Financial Services, or Consumer Lending with a talent for building relationships, then we'd like to talk with you. Marine Credit Union is expanding its Consumer Lending presence in the Green Bay area and we invite you to share in our success! ...
Are you looking to join a dynamic, team-oriented environment with opportunity to forge a great career? If you have experience and a desire to work in Sales, Financial Services, or Consumer Lending with a talent for building relationships, then we'd like to talk with you. Marine Credit Union is expanding its Consumer Lending presence in the Milwaukee area and we invite you to share in our success! ...
Are you looking to join a dynamic, team-oriented environment with opportunity to forge a great career? If you have experience and a desire to work in Sales, Financial Services, or Consumer Lending with a talent for building relationships, then we'd like to talk with you. Marine Credit Union is expanding its Consumer Lending presence in the Fond du Lac area and we invite you to share in our success...
Are you looking to join a dynamic, team-oriented environment with opportunity to forge a great career? If you have experience and a desire to work in Sales, Financial Services, or Consumer Lending with a talent for building relationships, then we'd like to talk with you. Marine Credit Union is expanding its Consumer Lending presence in the Milwaukee area and we invite you to share in our success! ...
Elevate Your Career at ditech: Ditech Mortgage Corp. (“ditech”) is actively seeking production teams that are looking to grow professionally and financially. Take advantage of what we can offer you to elevate your career and income. Our focus is on self-sourcing state licensed loan originators with the skill and experience to generate quality mortgage loans through a network of Realtors, builders...
Elevate Your Career at ditech: Ditech Mortgage Corp. (“ditech”) is actively seeking production teams that are looking to grow professionally and financially. Take advantage of what we can offer you to elevate your career and income. Our focus is on self-sourcing state licensed loan originators with the skill and experience to generate quality mortgage loans through a network of Realtors, builders...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Washington The Loan Partner II will oversee the origination, file management, communication, and revenue of the Loan Officer and Team. This position will be in direct communication with Clients, Realtors, Builders, and Business Partners. This position requires time management, precise verbal and written communication and...
Elevate Your Career at ditech: Ditech Mortgage Corp. (“ditech”) is actively seeking production teams that are looking to grow professionally and financially. Take advantage of what we can offer you to elevate your career and income. Our focus is on self-sourcing state licensed loan originators with the skill and experience to generate quality mortgage loans through a network of Realtors, builders...
Elevate Your Career at ditech: Ditech Mortgage Corp. (“ditech”) is actively seeking production teams that are looking to grow professionally and financially. Take advantage of what we can offer you to elevate your career and income. Our focus is on self-sourcing state licensed loan originators with the skill and experience to generate quality mortgage loans through a network of Realtors, builders...

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Banking Career Tools

Loan Officer

Salaries

$28,000.00 - $117,000.00
Typical Salary for Loan Officer
(371 Respondents)
Source: Monster.com Careerbenchmarking Tool

Education / Training

Bachelor's
43.8%
Some College Coursework Completed
19.2%
Master's
17.9%
Associates
9.8%
High School
5.4%
Professional
2.2%
(224 Respondents)
Source: Monster.com Careerbenchmarking Tool

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