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 7837
This position performs the solicitation and origination of residential first Mortgage/HELOC/HELOAN origination with potential applicant(s), determination of applicant’s financial needs and promotion of UNFCU mortgage products that meet those needs, in compliance with UNFCU loan policy and federal, state and NCUA rules, regulations and laws. This includes communication with members and staff while ...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply Mortgage Origination Loan Officer Lowell, MA Unspecified Apply Apply Mortgage Origination Loan Officer Lowell, MA Unspecified Apply Job Details If you are a Mortgage Origination Loan Officer with experience, please read on! We are full-service, member owned, financial cooperative that has been ...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply Mortgage Loan Officer - Mortgage Loan Branch Manager Jacksonville, NC Full-Time $60,000 - $100,000 Apply Apply Mortgage Loan Officer - Mortgage Loan Branch Manager Jacksonville, NC Full-Time $60,000 - $100,000 Apply Job Details We have an outstanding career opportunity for an experienced Mortgag...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Lodi 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 have ...
DATCU is Hiring! Branch Manager Assoc Real Estate Loan Officer Lead Consumer Loan Processor Call Center Branch Manager New Account Reps Tellers Apply online datcu.org. EOE...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Brentwood 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 ...
Michigan First Mortgage is a full service direct lender offering all conventional, government and significant portfolio lending options. We are seeking experienced loan officers that are Michigan NMLS certified. We have employment opportunities in the following areas: Waterford, East Pointe, Lansing, Brighton and Grand Rapids. Please send your resume. We are also looking to hire a mortgage proces...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Reno-2 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 hav...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Houston About Summit Funding: Summit Funding (NMLS ID #3199) is a full service mortgage banker offering expertise in every area of mortgage lending; including purchases, refinancing and construction lending. We have built a strong reputation as an outstanding mortgage banking firm that serves the lending needs of real e...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Walnut Creek 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 a...
Marten Transport Memphis, TN
Company Description: We are a nationwide staffing firm that only partners with clients who offer the best opportunities for job seekers. Our mission is to place applicants with financially stable companies that offer better compensation as well as job security. Job Description: Here is your opportunity to become an affiliate branch of a top tier mortgage bank that has a clean track record of 19 ye...
Step 7 Dallas, TX
Here is your opportunity to become an affiliate branch of a top tier mortgage bank that has a clean track record of 19 years in business with 55 branches. If you’re looking for higher commissions, a vast array of loan products, job security, support for your branch, and fast turn times we want to hear from you. As a branch manager you have the ability to earn up to 400 basis points on forward mor...
Marten Transport Balm, FL
Company Description: We are a nationwide staffing firm that only partners with clients who offer the best opportunities for job seekers. Our mission is to place applicants with financially stable companies that offer better compensation as well as job security. Job Description: Here is your opportunity to become an affiliate branch of a top tier mortgage bank that has a clean track record of 19 ye...
Marten Transport Virginia Beach, VA
Company Description: We are a nationwide staffing firm that only partners with clients who offer the best opportunities for job seekers. Our mission is to place applicants with financially stable companies that offer better compensation as well as job security. Job Description: Here is your opportunity to become an affiliate branch of a top tier mortgage bank that has a clean track record of 19 ye...
Marten Transport Jacksonville, FL
Company Description: We are a nationwide staffing firm that only partners with clients who offer the best opportunities for job seekers. Our mission is to place applicants with financially stable companies that offer better compensation as well as job security. Job Description: Here is your opportunity to become an affiliate branch of a top tier mortgage bank that has a clean track record of 19 ye...
Here is your opportunity to become an affiliate branch of a top tier mortgage bank that has a clean track record of 19 years in business with 55 branches. If you’re looking for higher commissions, a vast array of loan products, job security, support for your branch, and fast turn times we want to hear from you. As a branch manager you have the ability to earn up to 400 basis points on forward mor...
Step 7 Houston, TX
Here is your opportunity to become an affiliate branch of a top tier mortgage bank that has a clean track record of 19 years in business with 55 branches. If you’re looking for higher commissions, a vast array of loan products, job security, support for your branch, and fast turn times we want to hear from you. As a branch manager you have the ability to earn up to 400 basis points on forward mor...
Here is your opportunity to become an affiliate branch of a top tier mortgage bank that has a clean track record of 19 years in business with 55 branches. If you’re looking for higher commissions, a vast array of loan products, job security, support for your branch, and fast turn times we want to hear from you. As a branch manager you have the ability to earn up to 400 basis points on forward mor...
LOAN OFFICER ASSISTANT San Luis Obispo & Arroyo Grande Current CA state NMLS License req. A Min of 5 years of exp is desired. Strong problem solving & organization skill set with an emphasis on customer service is a MUST! We offer a very competitive salary & great benefits! If this sounds like you, please apply today! Call 805-439-3436...
Your career in mortgage origination needs the AFN difference. We have created a lending platform that is ideal for professional, purchase focused loan originators. AFN provides: A Stable, Growing Company In-Office Processing and Underwriting – Fast Pre-quals, Fast Underwriting, On-time Closings isNowListed – Real Estate Marketing System to Build Realtor Relationships Product Diversity – Conve...

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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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