Loan Officer Jobs - Page 5

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 81 to 100 of 6311
Banc One Mortgage is looking for Loan Officers to start immediately. We located in the Heart of Orange County at 1 Park Plaza Suite 300, Irvine, CA 92614, with an easy access from the 405, 55, 22 and 5 freeways! State-of-the-Art offices, "A Class" Building, Private Parking, Restaurant and Gym. Benefits of working with us: · Most Aggressive Pay Structure in the Industry. · Best pricing in the ...
Company Confidential Columbus, OH, 43215
We are seeking a sales-oriented individual with strong realtor relationships for mortgage loan origination in the Columbus Ohio area. You will work to expand your own network of relationships while also working with the Credit Union’s members to originate mortgages with new buyers and refinance packages. We need a seasoned Mortgage Loan Originator that can start quickly, and who has a proven track...
Experienced Loan Officers needed! Our business is booming and we need to add more Loan Officers to our team -Outstanding compensation - salary, commission, & bonuses! -Excellent leads -Training and operational support provided by industry veterans -In-house processing and underwriting ensures your loans WILL close on time Requirements: - current NMLS license -Top-notch negotiation, present...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
This position is for someone with an existing book of business, as branch leads will not be supplied. This is why our model leads the industry in our comp plan and our service levels. Do you miss the days where you were paid on just dollars closed and could make up to 70 basis points on one deal? Are you an aggressive salesperson looking for unlimited earning potentials? Are you tired of gettin...
Job Duties: Serve the membership of Consumers Credit Union by providing residential real estate financing. Originate mortgage applications that are eligible for sale to FNMA/FHLBI/USDA-Rural Development or the Consumers Credit Union portfolio Meet goals set for the position. Promote and cross sell other products and services as appropriate to the member. Interview members and request specific...
Commercial Loan Officer Well established, stable community bank Portfolio management, business development Requirements Minimum 4 years commercial/community banking experience WHAT CANDIDATES SAY ABOUT THIS RECRUITER: "Ed has helped us fill a very special position by providing us a short list of uniquely qualified and suitable candidates. Ed spent time and efforts to understand the needs of ...
Do you believe in providing exceptional service? Do you love working with people? Are you passionate about working in a team environment? Do you take ownership to deliver the best? If you answered yes to these questions, then Western Federal Credit Union is the place for you! Western has an opening for a Consumer Lending Officer with in depth knowledge of underwriting consumer lending products i...

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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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