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 12078
We are looking for several in house Mortgage Advisor’s who will be assigned to one of our affiliated Real Estate offices. You must be experienced, very detail oriented and fully licensed and be up to date with the NMLS and S.A.F.E. Act. Candidate should be very professional in appearance and be ready willing and able to provide the most extraordinary “gold” service to meet with our mission objecti...
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...
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...
Job Summary: The Loan Officer is the initial point of contact for clients and is responsible for generating potential clients from leads that are procured from the realtors within the Coldwell Banker Residential Brokerage offices that he/she is assigned as well as a percentage of outside leads. Principal Duties & Responsibilities: Originate loans to achieve monthly office capture rate goals and...
Here is what a day in the life of the Loan Officer position would look like. The goal of this position is to be a traditional loan officer but you DO NOT need to out and get the incoming applications. Take Applications of Inbound Leads. Review applications in detail for qualifying standards. Check and review guidelines. Put qualifying loan programs into our software to help clients make the be...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply Loan Officer Tucson, AZ; Green Valley, AZ Full-Time $20,000 - $150,000 Apply Apply Loan Officer Tucson, AZ; Green Valley, AZ Full-Time $20,000 - $150,000 Apply Job Details We are a growing mortgage company who works with customers Nationwide and are looking for ambitious Loan Officers to join ou...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Sacramento 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...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Roseville 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 ...
Why UMB Energetic. Friendly. Fun. Not exactly the words that first come to mind when you think about working in the financial industry, right? We get it. At UMB we pride ourselves on being different. We operate in a team-based environment, made up of diverse associates who are passionate, innovative and focused! We have plenty of tradition too – actually over 100 years of it! We're proud of our ...
Siter-Neubauer & Associates is currently conducting a search for Loan Officer/Underwriter: Located in San Antonio Suburb small community bank. In a very nice area of town company offers benefits and full scale financial needs. Friendly and customer service environment. Great pay and potential growth in career. Task include writing loans for new or bank customers, review of credit. Also will nee...
Expectation for all Employees: Supports the organization's mission, vision, and values by exhibiting the following behaviors: excellence, competence, collaboration, innovation, respect personalization, commitment to our community, accountability and ownership. Job Summary: Mortgage Originators are responsible for interviewing prospective borrowers, analyzing which loan programs and options will...
SUMMARY: The primary purpose of this position is to assist Oklahoma Employees Credit Union deliver on its Mission: To guide our members to financial success. To achieve this mission the position must deliver high quality service to both internal and external members. A key element in this service delivery is to identify the member's financial needs and recommend an appropriate Credit Union solutio...
This position responds to customer inquiries and referrals generated from own contacts and other Bank business lines, to originate a high volume of quality loans, which meet Heritage Bank’s guidelines, and comply with all federal and state compliance policies and regulatory requirements. The successful candidate will be able to: Perform business development activities to increase reoccurring pro...
1st Preference Mortgage is celebrating 26 years in business; here are 10 reasons why: LOAN OFFICERS MUST HAVE A MINIMUM 7 YRS FHA EXPERIENCE: 1) Weekly, 1hr Talk Radio Show on WCBM 680 AM IN BALTIMORE Listen weekly on Tuesday Nights 6PM - 7PM on 680 AM or www.wcbm.com IN NORTHERN VA AND PG & DC ON WMAL 630AM Listen weekly on Sundays 11AM-NOON IN YORK AND HARRISBURG PA ON WHP 580 AM Listen S...
Mariner Finance is looking for reverse mortgageexperts to join our team in White Marsh as Reverse Mortgage Loan Officers! Our supportive culture and commitment to professional development is unmatched, and we are currently looking for strong candidates to help us reach new heights.If you have been originating Reverse Mortgage loans for at least 5 years and have a solid track record of consistent ...
Mariner Finance is looking for Senior Loan Officers to join our team at our Headquarters in White Marsh, MD! This job is the perfect match for top performing mortgage loan officers who are charismatic, results-oriented and motivated to succeed. Here at Mariner Finance we are looking for Loan Officers who want to be in business for themselves, but not by themselves. Our compensation model rewards ...
Stability, growth, leadership …if you are seeking a future filled with opportunity then we would like to talk with you. NVR, Inc. (parent to Ryan Homes, NVHomes) is one of the largest homebuilding and mortgage banking companies in the nation. We are currently the most profitable US builder and we have generated the industry’s highest earnings per share growth rate over the last 10 years. Founded i...
Stability, growth, leadership …if you are seeking a future filled with opportunity then we would like to talk with you. NVR, Inc. (parent to Ryan Homes, NVHomes) is one of the largest homebuilding and mortgage banking companies in the nation. We are currently the most profitable US builder and we have generated the industry’s highest earnings per share growth rate over the last 10 years. Founded i...
Nations Reliable Lending, LLC team’s goal is to provide on time closings and excellent communication throughout the client’s experience. We enjoy a very positive working environment, all focusing on creating clients for life by exceeding client expectations. Responsibilities: · Must be willing to make phone calls · Contribute to organizing and attending broker open houses · Performs additional...
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...

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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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