Loan Officer Jobs - Page 4

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.

1000+ Loan Officer jobs found on Monster.

Jobs 61 to 80 of 4991
The Loan Phone Center Loan Officer (LPC LO) is responsible for handling loan inquiries delivered through the phone as well as the web, and processing them to completion; including identifying members’ credit needs, assisting them by offering appropriate LFCU products and services and with the completion loan applications. The LPC LO also accepts incoming calls and makes outgoing calls to offer LFC...
Mortgage Loan Officer Page 4 of 4 POSITION DESCRIPTION JOB TITLE: Mortgage Loan Officer DEPARTMENT/BRANCH: Mortgage Department REPORTS TO: Vice President Mortgage Loan Origination Location: Gainesville, Florida ACCOUNTABILITY STATEMENT The incumbent is responsible for originating residential first mortgage and equity loans and participates in related business development activities. The in...
Wholesale Account Executives/Retail Loan Officers Pacific Bay Lending Group is a well established full-service mortgage banking company and continues to be one of the leaders by offering a vast selection of Conforming, Jumbo and Government (FHA) mortgage product lines. Our superior customer service is well known and our considerable base of mortgage brokers has been able to rely on our fast, accu...
ACCOUNTABILITY STATEMENT The Senior Mortgage Loan Officer is responsible for leading the mortgage loan origination group to attain established VyStar goals through active participation in sales management and mortgage loan origination officer calling programs. They provide leadership through active mentoring and counselling, training, guidance and support to less experienced mortgage loan officer...
AmeriSave is looking for experienced licensed Mortgage Loan Officers in Orange County, CA. We are specifically looking for Call Center Loan Officers. We offer excellent technology, competitive pricing as well as excellent back office support to those who demonstrate prior success in the mortgage business. Responsibilities The Call Center Loan Officer will be provided with leads. The Retail Loan...
Are you an experienced & licensed NMLS Loan Sales Representative / Non Licensed but interested to be sponsored to obtain your license - or have had experienced as a Loan Modification Agent, Debt Settlement? ***IMMEDIATE FILL*** A national Jumbo & Super Jumbo Lender since 1999. We are looking for experienced inside sales, loan sales agents and loan originators to provide financial and loan suppor...
NEXT START DATE IS OCTOBER 28, 2014 - 2 OPENINGS LEFT ARE YOU LOOKING FOR A PERMANENT HOME? TOP NOTCH LOAN OFFICERS WANTED!! About the Job Loanleaders of America, Inc. is headquartered in Irvine, CA. We are a National Direct Lender that is seeking motivated self-starters with sales experience or experienced loan officers for immediate openings. Our extensive marketing approach includes a in-hou...
LOCATION: Lowell, MA SUMMARY Under the direction of the Vice President-Residential Lending, this position is responsible for developing and retaining residential mortgages through prospecting, relationships with contacts of interest, and cross selling lending products and services to existing members. Responsibilities include evaluating members finances to determine if they are creditworthy and ...
Actively recruiting NMLS Licensed Mortgage Loan Originators who will add value to our team of mortgage professionals. Main Office Location: Long Beach Company Overview: Orange County, CA based Mortgage Lender established since 1987. As a FNMA/HUD Direct Lender and Servicer we offer the most competitive Conventional, FHA and VA rates available within the industry today. In addition, our customer...
GenEquity Mortgage, a subsidiary of Paragon Global Resources, one of the premier global relocation companies, providing relocation and mortgage services to many of the Fortune 500 companies across the globe. Our national headquarters is the Dallas, Texas area. GenEquity Mortgage is currently seeking experienced Mortgage Loan Officers/Originators in California that are interested in combining thei...
**********8-12 inbound calls per day*********** We Offer: · Most Aggressive Pay Structure in the Industry · Best pricing in the market today · Commission Tier based on of Submissions not based on # of Fundings like other Lenders Requirements: · Must have State and Federal NMLS License · Must be Self-Motivated and have the drive to make money · Strong work ethic · Must have strong communic...
About the Position We are seeking high-Motivated Licensed Mortgage Loan Officers to join our team of successful mortgage professionals to work in our call center in Rancho Cucamonga, CA. Majestic Home Loan has been in business for over 15 years and is currently licensed in 19 states and pending 9 additional states. Incoming leads are provided to all of our agents via a multi-faceted marketing ca...
American Financial Network Inc. We are a growing “Purchase Focused Direct Lender” searching to hire a small group of the right LICENSED LOAN OFFICERS that are motivated and awesome to work with. Why should you be working with American Financial Network Inc? We bring the “make sense underwriting” back in the mortgage industry and have been in business since 2001. We will offer you advantages tha...
POSITION OVERVIEW: Loan Officer is responsible for originating high yield short term (hard money)mortgage loans by aggressive reaching out to developers, builders, investors, realtors and various sources of referrals. This is a hunter role. Must be comfortable going outside your comfort zone establishing new relationships across the country. This position is based in Los Angeles and may require t...
Metropolitan Commercial Bank is a growing New York City based commercial/community bank. We work hard to provide our customers with highly customized service, applying innovative and flexible full-service commercial and retail banking solutions; a knowledgeable lending group offering an array of traditional commercial funding platforms; a full range of ancillary commercial banking services; and at...
This position's responsibilities will be answering incoming calls from consumers and making outbound calls to consumers interested in mortgage loans. This position will also follow up on leads, work on a pipeline of mortgage applications, and work with our internal processing and underwriting professionals to expedite the approval of loans and ensure a high level of customer service and satisfacti...
Have you demonstrated a "can do" attitude & are you adept at handling a high volume of work? Do you possess expertise in both FHA and conventional loans? Are you knowledgeable about financial products and effective at cross-selling them? Would you like to work in a small, dynamic department where you get to exercise flexibility to get the job done? If you answered "yes!" to the above questions...
LOAN OFFICER Job Summary: The Loan Officer is the initial point of contact for clients and is responsible for generating potential clients from leads that are procured from the realtors within the Coldwell Banker Residential Brokerage offices that he/she is assigned as well as a percentage of outside leads. Territory: Cape Elizabeth/Kennebunkport & Portland, ME Principal Duties & Responsibilit...
Please click on the link below to apply online: SUMMARY: Junior Loan Officer will backup Loan Officers as needed. Work schedule will be after hours and on Saturdays. ESSENTIAL DUTIES AND RESPONSIBILITIES Communicates with auto dealerships by telephone and also solicits their participation in the bank’s financing program Approve loans within spec...
To originate residential loans, assist in the processing and closing of a quality product which meets marketable requirements within the policies and guidelines of HomeStreet Bank. ESSENTIAL FUNCTIONS: Marketing of Affinity products and programs to participating employers. Arrange and conduct presentations to both small and large groups. Originate permanent single family (1-4) FHA, VA and conve...

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Banking Career Tools

Loan Officer


$28,000.00 - $117,000.00
Typical Salary for Loan Officer
(371 Respondents)
Source: Careerbenchmarking Tool

Education / Training

Some College Coursework Completed
High School
(224 Respondents)
Source: Careerbenchmarking Tool

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