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 1020
Academy Mortgage Corporation is seeking Loan Officers in our Lafayette, CO location to join our team! We have been the #1 Independent Purchase Lender in the country since 2010 and support MLO's who want to be in business for themselves but not by themselves. We are a direct lender and offer competitive rates, great benefits, and a wide selection of products to meet your customer’s needs. All of ou...
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 getting y...
Company Confidential Richmond, VA, 23225
Live Well Financial started in 2005 and is already a seasoned veteran in the mortgage industry. We have extended our footprint across the country to other states from our corporate headquarters in Richmond, VA. We offer many mortgage services including; reverse mortgage, refinance mortgages and help you understand which mortgage payment option is best for families, elderly or singles. Live Well Fi...
Live Well Financial started in 2005 and is already a seasoned veteran in the mortgage industry. We have extended our footprint across the country to other states from our corporate headquarters in Richmond, VA. We offer many mortgage services including; reverse mortgage, refinance mortgages and help you understand which mortgage payment option is best for families, elderly or singles. Live Well Fi...
KAUAI GOVERNMENT EMPLOYEES FEDERAL CREDIT UNION Immediate Opening for an Experienced Loan Officer* - 5 years of Lending Experience - Excellent Salary & Benefits Package - Apply online at www.kgefcu.org or send Resumes Attn: CEO to PO Box 711 Lihue HI 96766 or fax #808-246-9709 From Honolulu Star-Advertiser/MidWeek...
Job Advertisement LOAN OFFICER/STAFF ACCOUNTANT Buffalo Trace Area Development District is seeking applications for the position of Loan Officer/Staff Accountant. Submission deadline is August 22, 2014. See official notice at www.btadd.com E.O.E....
GREAT opportunity to work with a stable direct lender based out of Southern California with 40 years history specializing in government loans. Rare position open for Loan Officer Assistant in San Antonio. This person will assist the Branch Manager for the fastest growing division within the company, which services Builders (new home sales). This position requires an NMLS and experience with govern...
Loan Officer - Calabasas, CA Seasoned Loan Officers – Are You Getting What You Deserve? Why turn down a loan just because the borrower lives in another state? If you don’t have an NMLS License, no problem, this is an FDIC lender. You’ll have the stability and backing of a big bank, but the culture, products, pricing, compensation, and timely closings of a direct lender - without the headaches. WHA...
Loan Officer - Rancho Palos Verdes, CA Originate Loans with one of the Industry's Premier Mortgage Banks Why turn down a loan just because the borrower lives in another state? If you don’t have an NMLS License, no problem, this is an FDIC lender. You’ll have the stability and backing of a big bank, but the culture, products, pricing, compensation, and timely closings of a direct lender - without t...
Sea West Coast Guard Federal Credit union ($330 million in assets) seeks a Consumer Loan Officer/Credit Analyst to join our lending team. REPRESENTATIVE DUTIES: Interviews credit applicants, processes, analyzes and acts on loan applications (vehicle, personal, credit line) in accordance with established policies, guidelines, and applicable regulations. Reviews loan applications for completeness an...
Position Summary: PHH Mortgage is looking for a talented, self-motivated Loan Originator (Mortgage Advisor) to fill this exciting opportunity with an industry-leading company. The Mortgage Advisor will continually identify, develop and maintain a quality network of business relationships, and serve as a recurring source of referrals for new lending opportunities. Job Description: The Mortgage Advi...
Position Summary: PHH Mortgage is looking for a talented, self-motivated Loan Originator (Mortgage Advisor) to fill this exciting opportunity with an industry-leading company. The Mortgage Advisor will continually identify, develop and maintain a quality network of business relationships, and serve as a recurring source of referrals for new lending opportunities. Job Description: The Mortgage Advi...
Commercial Loan Officer – C & I Major New York City based commercial bankis looking for a Commercial Loan Officer who will be responsible for the development of new business for the Bank. Responsibilities: · Originate and develop a book of C & I borrowing relationships; · Solicit, develop, and maintain new business relationships: average deal size from $2 million to $7 million; · Manage sourced cr...
Join rapidly growing wholesale lender. Must have retail or wholesale mortgage loan officer experience. $80-125k first year potential. Base plus bennies. Beautiful offices. Call Patrick ***** 503.317.1871...
About TD Bank, America's Most Convenient Bank® TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD...
About TD Bank, America's Most Convenient Bank® TD Bank, America's Most Convenient Bank, is one of the 10 largest banks in the U.S., providing more than 8 million customers with a full range of retail, small business and commercial banking products and services at approximately 1,300 convenient locations throughout the Northeast, Mid-Atlantic, Metro D.C., the Carolinas and Florida. In addition, TD...
LOAN OFFICER Community bank in Palm Beach Gardens seeking SEVERAL MLO's with 3 yrs of exp & ability to self-source all business for Palm Beach, Martin and St Lucie Counties. We offer a very aggressive comp package, local processing and portfolio lending. Please email resume to *****...
ESSENTIAL FUNCTIONS: Update or correct data from new loan application that is required for Borrower approval through use of loan software. Print new application with supporting documents, prepare files for order out and processing review. Prepare accurate cost estimates for borrowers. Track all outstanding items on all files and follow up with customers to ensure timely receipt of necessary docume...
Loan Administration Loan Officer I This position is a full-time position. Hours are generally from Monday through Friday 8:30 AM- 6 PM and Saturday 8:30 AM – 5:00 PM. Shifts vary depending on business needs. Reporting to the Vice President of Loan Administration this position is responsible for conducting loan interviews with members, presenting additional Credit Union products and services, evalu...
I'm working on an exclusive search for a client of ours, the mortgage division of one of the nation's largest homebuilders. They are looking for 2 loan officers in Charlotte, NC and 1 in Raleigh, NC. These loan officers will be doing all new construction purchase loans. All referal based. This is a really great company with lots of growth potential. The ideal candidate will have a strong understan...

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Banking Career Tools

Loan Officer

Salaries

$28,000.00 - $117,000.00
Typical Salary for Loan Officer
(370 Respondents)
Source: Monster.com Careerbenchmarking Tool

Education / Training

Bachelor's
43.5%
Some College Coursework Completed
19.3%
Master's
17.9%
Associates
9.9%
High School
5.4%
Professional
2.2%
(223 Respondents)
Source: Monster.com Careerbenchmarking Tool

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