Loan Officer Jobs - Page 3
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.
Payne County Bank Perkins, 74059
Mortgage Loan Officer â. Perkins Payne County Bank is seeking a qualified mortgage loan officer.Â Three-to-five years of mortgage lending experience is preferred but not required.Â Previous experience in underwriting and originating secondary market loans preferred.Â This position will be responsible for building and maintaining customer relationships with new and existing customers and soliciting...
Loan Officer - Beulah Branch- Farm Credit Services of Mandan Join our growing team of full service agricultural financial experts in our Beulah, ND branch office. We are seeking a motivated individual who fits our customer-service oriented culture to be responsible for marketing and providing all credit and related services for an assigned portfolio. Some travel required, minimal overnight stays....
Consumer Loan Officer Rocky Mountain Credit Union is looking for a full-time Level I Consumer Loan Officer for our Helena branch. The qualified applicant will be responsible for reviewing consumer loan applications and making loan decisions. This Level I loan officer must know how to build relationships and enjoy discovering ways to help our members save money. Previous sales experience is preferr...
Loan Officer First National Bank of Bangor is seeking a self motivated and experienced individual to fill the role of loan officer between three offices. The individual's primary focus will be with soliciting, negotiating, underwriting and coordinating the closing of routine residential, construction and commercial mortgage loans in compliance with the bank's policies, procedures and related laws...
Loan Officer Premier Home Mortgage, Inc is expanding, come join our exciting company! We are looking for an experienced and licensed Loan Officer who will provide a level of service that exceeds expectations and takes customers by surprise. The ideal candidate must have the ability to consult with borrowers to best understand their lending needs and create lasting relationships in the local commun...
Shelby County State Bank Shelbyville, 62565
Consumer Loan Officer A locally owned Community Bank in Central Illinois is seeking an experienced Consumer Loan Officer. The successful candidate will perform duties relating to the origination of residential mortgage loans, consumer loans and assume the overall responsibility for the loan from application to closing. Responsibilities include: develop and cultivate a business relationship with ne...
position Commercial Loan Officer II (Commercial Lender-Business Finance) division/department Community Development/Community Development Lending classification Non-exempt nature of position Market CHFA lending programs, evaluate projects for eligibility, present projects for approval, and coordinate the processes leading toward closing. The position reports to the Manager of Community Development...
The Mortgage Loan Officer (MLO) proactively solicits new residential mortgage business and sells Bethpage Federal Credit Union (Bethpage FCU Mortgage) mortgage products to meet established loan quality and production goals. Our MLO continually identifies, develops and maintains a quality network of business relationships that serves as a recurring source of referrals for new mortgage lending oppor...
JUNIOR LOAN OFFICER CountryPlace Mortgage is based out of Dallas, TX, but has regional offices in Florida, North Carolina, Arizona and Washington. The candidate for this position will be based out of the St. Augustine, FL office. CountryPlace Mortgage is a Fannie Mae Seller/Service and a Ginnie Mae issuer. Our product niche is manufactured home financing. The candidate will be responsible for assi...
position Commercial Loan Officer III (Senior Commercial Lender) division/department Community Development/Community Development Lending classification Exempt nature of position Market CHFA’s Community Development Lending programs with emphasis on affordable rental housing, evaluateprojects for eligibility, presentprojects for approval, and coordinate the processes leading toward closing. This posi...
CyberCoders Matching Great People with Great Companies Learn more about CyberCoders Apply Assistant Special Assets Officer Walnut Creek, CA; Vallejo, CA Full-Time $60,000 - $75,000 Apply Apply Assistant Special Assets Officer Walnut Creek, CA; Vallejo, CA Full-Time $60,000 - $75,000 Apply Job Details If you are a special assets officer with workout and strong restructuring experience, this is your...
Job Description: We have an exciting opportunity for a well qualified, dynamic, and skilled loan officer seeking an amazing opportunity to join this prestigious Northern California Bank experiencing unprecedented breakthrough growth. This position offers a high base salary with an aggressive basis point commission structure. If you are an articulate and proficient Mortgage professional with 5 year...
Northpointe Bank – Loan Officer Assistant Position Description The POWER of a CAREER! Northpointe Bank is seeking a detail oriented, customer service minded individual to join our Retail Lending Team as a Loan Officer Assistant in the Holland Michigan branch. This position requires an individual who has the desire to make a difference within the organization. An exceptional ability to grasp new co...
Mortgage Loan Officer The Mortgage Loan Officer generates mortgage loan applications utilizing various external origination sources, products, and services to generate mortgage loans. Our Mortgage Loan Officer Conducts interviews with prospective applicants. This position requests specific information related to loan applications. The Mortgage Loan officer reviews and evaluates information on mort...
HIRING COMPANY: Paramount Equity Mortgage JOB TITLE: Mortgage Loan Officer JOB ID #: PEM-FSSAC LOCATION: Roseville, CA 95661 COMPENSATION: Guaranteed draw against commissions + bonuses and full healthcare/retirement package “I’m a firm believer in serving employees first. If we take care of our employees and have a true concern for providing those families with a decent living, then those employee...
Commercial Real Estate Loan Officer Sterling Bank & Trust, FSB is the largest independent California bank, located in San Francisco with $1 billion in assets, that provides expert financial solutions and services to our customers. Sterling has 17 branches in the San Francisco, California Bay Area. Founded in 1984, Sterling is a community based bank that is rapidly growing. Sterling has an immediat...
Company Confidential Baileyton, TN, 37745
POSITION SUMMARY Tennessee’s largest independent retail mortgage lender and top 5 volume lender in the state in total volume ( #1 THDA, #2 FHA and #2 VA), Mortgage Investors Group (MIG), has an immediate opening for an EXPERIENCED Mortgage Loan Officer in our Greeneville, TN Branch Office. Founded in 1989, MIG has a statewide branch network using a local processing model. All underwriting and clos...
Loan Review Officer Credit Risk Department Brookline Bancorp is looking to expand its Credit Risk Department. This position is based in Boston but will require frequent travel to First Ipswich Bank, Ipswich, MA as well as some travel as needed to other greater Boston offices and our Providence, Rhode Island location. The loan review function at Brookline Bancorp oversees and conducts the independe...
Western is one of the nation’s leading credit unions with over $1.9 billion in assets and 160,000 members nationwide. We service a large number of sponsor companies in a diverse group of industries such as information technology, automotive, airline, retail, service, manufacturing, and aerospace. With strong assets and conservative practices, Western continues to have a stable presence in the cred...
Email resume and cover letter to: ***** EEO/AA LOAN OFFICER Beulah Branch FARM CREDIT SERVICES of MANDAN www.farmcreditmandan.com Click Image to View Ad provided by The Minot Daily News...
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Banking Career Tools
$28,000.00 - $117,000.00
Typical Salary for Loan Officer
Source: Monster.com Careerbenchmarking Tool
Education / Training
Some College Coursework Completed
Source: Monster.com Careerbenchmarking Tool
Develops loan applications by evaluating applicant information and documentation.
Rate of Growth
Size of Industry in 2006:
Source: Bureau of Labor Statistics, May 2006
Evaluates loan applications and documentation by confirming credit worthiness.
Rejects loans by explaining deficiencies to applicants.
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