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 9741
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...
Loan Officer Entry Level or Experienced Mortgage Loan Originator Cranbrook Loans is Hiring Loan Officers. Cranbrook Loans was named among the Future 50 of Greater Detroit. Job Description: - Generate loan business through relationship skills and marketing efforts to establish a client base; follow up on loan leads provided by Cranbrook Loans through TV, Radio, Newspaper, direct mail, and inter...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Spokane, WA 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 an...
Experienced Mortgage Loan Processor II / Production Partner Bi-Lingual English/Spanish - NMLS Licensed We’re Not Just Offering You a Job, We're Offering You a Career on an Award-Winning Team Immediate Opening for a Bi-lingual English/Spanish Loan Processor / Production Partner with an NMLS or desire to obtain one as soon as possible . The Loan Processor II / Production Partner will oversee the...
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 - Roseville-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 an...
Job Summary VanDyk is looking for an elite Loan Originator to use their industry knowledge and sales strengths to find clients, generate leads, and convert those opportunities to loans. The loan originator will develop long-term relationships with clients and referral partners, creating an email friendly database that will allow for continuous marketing long term. VanDyk Mortgage underwrites file...
Loan Partner II / Loan Officer Assistant / Loan Processor Job Label:SF_LP - Petaluma, CA 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...
DATCU is Hiring! Lead Consumer Loan Processor Assoc. Real Estate Loan Officer Call Center Representative New Accounts Representative Tellers Apply online datcu.org. EOE...
NMLS Mortgage Bankers / Sales Manager can be eligible for a SIGNING BONUS upon joining our MHL Team!!! Immediate Opportunities for NMLS Licensed Mortgage Bankers / Sales Managers to help us Grow! Base Pay (not a draw) plus Commission 1Aggressive compensation Plans, and Benefits Package. If you’re looking to grow your Mortgage Career and have the Dynamic Personality please APPLY TODAY! Duties:...
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 ...
INDEED JOBS New Ipswich, NH
Job Description Job description Responsible for originating retail mortgage loans. Contact may be either telephonic or in-person. Can sell direct to customers or solicit customers indirectly through third parties such as builders/developers or realtors. The Mortgage Loan Officer (MLO) proactively solicits new residential mortgage business and sells Bank of America mortgage products to meet esta...
Bank of America Overland Park, KS
Responsible for originating retail mortgage loans. Contact may be either telephonic or in-person. Can sell direct to customers or solicit customers indirectly through third parties such as builders/developers or realtors. The Mortgage Loan Officer (MLO) proactively solicits new residential mortgage business and sells Bank of America mortgage products to meet established loan quality and productio...
Responsible for originating retail mortgage loans. Contact may be either telephonic or in-person. Can sell direct to customers or solicit customers indirectly through third parties such as builders/developers or realtors. The Mortgage Loan Officer (MLO) proactively solicits new residential mortgage business and sells Bank of America mortgage products to meet established loan quality and productio...
Pivotal Capital Group II, LLC San Francisco, CA
Company Based in Mission Viejo, CA Candidate’s Location is Flexible (Los Angeles / San Diego / Orange County) Calling all Hard Money Lenders & Brokers / Real Estate Agents & Brokers / Real Estate Investors, Lenders & Brokers: We are an institutionally backed but highly entrepreneurial real estate finance company that provides direct loans to real estate investors and developers who acquire, ren...
Company Based in Mission Viejo, CA Candidate’s Location is Flexible (Los Angeles / San Diego / Orange County) Calling all Hard Money Lenders & Brokers / Real Estate Agents & Brokers / Real Estate Investors, Lenders & Brokers: We are an institutionally backed but highly entrepreneurial real estate finance company that provides direct loans to real estate investors and developers who acquire, ren...
Idealist Houston, TX
The Organization: CSH transforms how communities use housing solutions to improve the lives of the most vulnerable people. We offer capital, expertise, information and innovation that allow our partners to use supportive housing to achieve stability, strength and success for the people in most need. CSH blends over 20 years of experience and dedication with a practical and entrepreneurial spirit,...
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 much 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 can earn up to 400 basis points on forward mortgages and ...
Staffing Firm 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...
Staffing Firm Jersey City, NJ
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 much 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 can earn up to 400 basis points on forward mortgages and ...

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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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