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.
RSS

360 Loan Officer jobs found on Monster.

Jobs 1 to 20 of 360
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...
Requirements: 1. Originate loans over the phone with the best leads in the business. 2. Be a licensed loan officer 3. Interview and pre-qualify prospective borrowers. 4. Inform borrowers of loan options, market conditions, documents and other requirements needed to close the loan. 5. Review new loan guidelines, programs, updates and changes. 6. Assist operations personnel in processing and c...
Requirements: 1. Originate loans over the phone with the best leads in the business. 2. Be a licensed loan officer 3. Interview and pre-qualify prospective borrowers. 4. Inform borrowers of loan options, market conditions, documents and other requirements needed to close the loan. 5. Review new loan guidelines, programs, updates and changes. 6. Assist operations personnel in processing and c...
Explore a company with competitive wages, excellent benefits and a dynamic corporate culture. We are currently seeking the following position to join our team of outstanding professionals: Mortgage Loan Officer -Generate first and second mortgage loan volume through outside business contacts as well as internal member inquiries. -Provide mortgage support to assigned branches, including applican...
Company Confidential Washington, DC, 20001
We will beat your current comp plan with a federally chartered bank, licensing exempt to lend in all 50 states, salary draw, top bps per loan, 401K, full medical and dental, 28 day closing guarantees, portfolio products, you are completely autonomous with the support of the bank! CULTURE 1. Who are we? a) community bank b) #1 Community Bank in mortgage loans closed- small enough to care, big e...
Navy Federal Credit Union is hiring a Mortgage Loan Officer in our Silverdale branch! Navy Federal Credit Union, the world's largest credit union, is currently seeking a Mortgage Loan Officer in the Silverdale Area. We are proud of the robust compensation package we can offer to our employees. To join an award winning professional team submit your credentials today! Apply online at www.navyfe...
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...
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...
Commercial Loan Officer Responsibilities As a Commercial Loan Officer, you’ll provide our customers with outstanding service giving them your full attention while making their business your top priority. You’ll originate, underwrite and service a portfolio of commercial banking relationships within the bank’s designated lending area. You will also cross sell and refer other banking services wher...
At American Continental Bank, we believe that honesty is the best policy. You will encounter a genuinely satisfying banking experience with us. American Continental Bank is a community-based bank serving the surrounding Asian community in the greater Los Angeles area. Depending on your specific banking needs, our goal is to serve you promptly and courteously in an effort to make your banking exper...
LOAN OFFICER Telco Triad Community Credit Union is seeking an energetic individual with proven experience in Consumer Lending. Qualified bi-lingual candidates encouraged to apply. Send resume by email to *****, apply on line at www.telcotriad.org or stop in person at 1420 Tri. View Ave Sioux City IA 51103. EOE...
Are you seeking a new career in a dynamic, challenging work environment where you have the ability to forge a great career? If you are experienced in sales, financial services or consumer lending and have a real talent for building relationships and networking, then we’d like to talk to you! Consumer Loan Officer We are currently seeking a Consumer Loan Officer to join our team. This person wil...
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 Fond du Lac area and we invite you to share in our success...
Join Us In Our Success! Are you looking for a new customer service opportunity in Community Banking while further advancing your career? Marine Credit Union Enterprise invites you to consider joining our progressive full service financial institution during this exciting time for our organization! We are a full service Credit Union enterprise offering financial, insurance, and lending services fo...
Join us in our success! Are you looking for a new challenge in Consumer Lending while further advancing your career? Marine Credit Union Enterprise invites you to consider joining our progressive financial institution during this exciting time for our organization! We are a full service Credit Union enterprise offering financial, insurance, and lending services for our members. Based in beautiful...
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...
Are you seeking a new career challenge in a dynamic, fast-paced work environment with the opportunity for personal & professional development?Do you have experience working with the public in a face-to-face environment? Are you a sales-minded individual that thrives in a goal-oriented environment? Do you want to join a company that rewards employee performance with potential career advancement? If...
UNFCU is expanding to the greater Washington, DC area. This position performs the solicitation and origination of residential first and second mortgage loans with potential applicant(s), determination of applicant’s financial needs and promotion of mortgage and consumer loan products/services that meet those needs, in compliance with UNFCU loan policy and federal, state and NCUA rules, regulations...
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...

Get new jobs by email for this search
We'll keep looking and send you new jobs that match this search.
email me

Upload your resume and let employers find you!
It's that simple!

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

Popular Loan Officer Articles

Mortgage Loan Officer Careers Article Rating
If you love to sell, this may be the field for you. But jobs -- and incomes -- rise and fall on interest rates.
Finance Jobs Article Rating
Whether your beat is auditing, tax, financial analysis, lending or another specialty, explore careers in finance and search for finance jobs now.
For Employers: Post Jobs | Search Resumes | Advertise
About Monster | Work for Monster | Advertise with Us | AdChoices | Partner with Us | Investor Relations | Social Media
Terms of Use | Privacy Center | Accessibility Center | Help | Security | Contact Us | Sitemap | Mobile
©2014 Monster - All Rights Reserved U.S. Patents No. 5,832,497; 7,599,930 B1; 7,827,125 and 7,836,060 MWW - Looking for Monster Cable? - V: 2014.4.50.56-208
eTrustLogo