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.
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1000+ Loan Officer jobs found on Monster.

Jobs 41 to 60 of 11645
Working for Pacific Service Credit Union Work for one of the largest credit unions in the country! We are looking for energetic and enthusiastic people who want to work as part of our team. We are located in Concord, California. Work schedules are Monday through Friday, generally 8 a.m. to 5 p.m., with some alternate work schedules. All openings are full time and located at 3000 Clayton Road in C...
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...
Paramount Equity Mortgage - Mortgage Loan Officer GROWTH, SALARY, COMMISSION and BENEFITS Are you looking for an opportunity where you can grow and have the challenge of working with a variety of loan products? Then stop wasting your time with your current model and contact us today. “I’m a firm believer in serving employees first. If we take care of our employees and have a true concern for p...
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...
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...
Local Direct lender seeking experienced Purchase Money Originators: If you are tired of being paid minimal compensation for your hard efforts and looking over your shoulder for bank cut backs, this position is what you are waiting for. As a leading provider of residential mortgage financing, Franklin First Financial offers experienced originators a production friendly environment that promotes s...
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...
Responsible for helping customers to achieve their mortgage financing goals. Consult with customer on their financing options, selection appropriate loan products and obtaining permanent single family mortgage loans, home equity loans and lines of credit through the Bank. In this process, responsible for generating Bank revenues through the sale of loan products and services. Responsible for ensur...
Responsible for helping customers to achieve their mortgage financing goals. Consult with customer on their financing options, selection appropriate loan products and obtaining permanent single family mortgage loans, home equity loans and lines of credit through the Bank. In this process, responsible for generating Bank revenues through the sale of loan products and services. Responsible for ensur...
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...
* Pacific Union Financial employees work in a business casual, dynamic atmosphere that encourages excellence, creativity and career advancement. More than just opportunities, we offer you challenges. * Pacific Union Financial employees have a wide variety of educational backgrounds—from accounting to liberal arts to biology. A degree in one area does not necessarily lock you into that profession;...
Develops and monitors a loan portfolio in a new lending market. Responsible for making commercial and consumer loans within established lending limits which provide maximum profitability to the bank at minimal risk. Responsibilities: · Responsible for administering loan portfolio, business accounts, collection and documentation · Responsible for screening and interviewing applicants to determin...
This is a direct hire, long-term opportunity. An FDIC insured bank located in Timonium, MD is now extensively expanding their loan officer team. The company?s Personal banking goes beyond simply managing money. Established in 1925, it conducts business with a strong emphasis on all areas of lending - including consumer, residential, construction and commercial. They are seeking Loan Officers wit...
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 Green Bay area and we invite you to share in our success! ...
Company Confidential Spanish Fort, AL, 36527
We are a Better Business Bureau A+ rated residential mortgage broker/lender that specializes in originating mortgages in the Southeast United States. We have been in business for nine years and currently have forty loan officers in our four Gulf Coast offices. We are currently licensed in Alabama, California, Florida, Louisiana, Mississippi, Tennessee, and Colorado. We are thriving in the current...
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...
DATCU is Hiring! Tellers New Accounts Rep Call Center Rep Loan Processor Apply online datcu.org. EOE...
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...

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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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