Loan officers generally need strong sales and interpersonal skills. 121 Loan Officer jobs available in Arkansas on Indeed.com. Because an employer’s brand may be a deciding factor as to whether individuals apply, you should present the institution in a good light and promote its reputation, values, and image in the financial industry. When jobseekers search for a job, they tend to focus mainly on the job responsibilities section. Loan Officer . Quickly find and apply for your next job opportunity on Workopolis. To help you decide, here's a basic overview of the profession including the degree requirements, job duties, salary and job outlook. Jump to loan officer topics: – Loan Officer Job Description – Loan Officer Educational Requirements – Loan Officer Salary – Loan Officer … After collecting and verifying all the required financial documents, the loan officer evaluates the information they obtain to determine the applicant’s need for a loan and ability to pay back the loan. Consumer Loan Officer Job Description Consumer loan officers work directly with customers to help them secure credit and financing for a variety of applications. You can also walk into mortgage and real estate businesses to inquire about open positions. Indeed may be compensated by these employers, helping keep Indeed free for jobseekers. Browse 99 LOAN OFFICER job listings from companies with openings that are hiring right now! Mortgage loan officers find potential clients and help them apply for loans. Posted: (3 days ago) Most loan officers have a Bachelor's degree in business administration, finance, economics, or a related field, and are trained on the job. Most loan officers work for financial institutions within the banking industry. This banking career involves selling knowledge, expertise and loans to potential business clients. - Education & Requirements. Mortgage loan officers, also called mortgage brokers, help people buy a house or commercial property. Sort by: relevance - date. Job Overview The Agriculture Loan Officer plays a vital role on the lending team, collaborating and generating solutions for current and perspective business clients…The Loan Officer actively solicits for new business by marketing all of Horizon’s agricultural banking products within a … A minimum of a high school diploma is required, although some employers require a bachelor’s degree in finance or a related field. Processor, but job duties can differ because every loan officer is different. However, most of the main requirements and basic duties are the same. Loan Officer Job Description: Salary, Skills, & More Posted: (3 days ago) Licensure: There are currently no specific licensing requirements for loan officers working in banks or credit unions, but licensing requirements for loan officers who work in mortgage banks or brokerages can vary by state. Job Outlook. JT30 . Tip. 7483 Use our Career Test Report to get your career on track and keep it there. I've been working in the mortgage industry for nearly two years. Loan Officer Job Description, Career as a Loan Officer, Salary, Employment Definition and Nature of the Work, Education and Training Requirements, Getting the Job Education and Training: College (in most cases) or several years of experience in a financial institution Most loan officers need a bachelor’s degree and receive on-the-job training. Of those two years I've been licensed for about 8 months. JOB DESCRIPTION Position: Senior Loan Officer Description: Business Development position focused on building a highly visible reputation as the mortgage loan expert in assigned areas resulting in the generation of quality residential and commercial loans that meet the Assistant Loan Officer (Abolished 01/07/2016 per Pay Letter 16-05) JT35 . Loan officers may look at applicants’ income, job stability, debt-to-income ratio, and liquid assets to evaluate the risk of lending to them. Filters. Once a loan officer finds a client, they gather the necessary personal and financial information, which helps them find a loan … A bank loan officer is the one who supposed to work towards offering loans to individuals and businesses. That does include ALL loan officer positions. Mortgage Loan Officer Job Responsibilities. 8,761 loan officer jobs available. Minimum pay. Loan Processor Job Description Template: We are searching for an experienced and highly-analytical Loan Processor to conduct assessments of business and individual loans. 7481 . The majority of people in loan officer jobs tend to work a standard 40-hour week. As a loan officer, you'll work at a financial institution, like a bank, credit union, or lending company, and help individuals and businesses apply for loans. To be a loan officer, you'll need at least a high school degree and some experience with math, economics, and business. To become commercial loan certified you need to complete the requirements from a reputable provider, such as the ICBA (Independent Community Banks of America) or ABA (American Banking Association). Loan Officer [Intro Paragraph] Begin your loan officer job description by telling potential applicants about the bank or lending institution. A: To become a commercial loan officer you need a bachelor’s degree in finance, business, accounting, or a related field. Personally if I were to give you any advice it would be to seek out a mortgage company that uses Loan Officer Assistants (LOA) -- The position is basically a Jr. 7479 . Compare salaries and apply for all the loan officer jobs. Loan Officer Series Specification - Class Titles and Codes ; Schem Code . $40,000 88 … Financial institutions provide on-the-job training for loan officers, but most employers prefer job seekers with experience in the finance or customer service industry. Residential mortgage loan officers must be licensed. The low-stress way to find your next loan officer job opportunity is on SimplyHired. Again, the specific job duties ultimately depend on which type of financial institution the loan officer represents, but more generally here is what you can expect to do if you’re looking into this profession. A large part of a loan officer’s job is sales and customer service. Staff Loan Officer (Supervisor) JT20 . JT40 . The loan officer term is quite vague. 7480 . Use our Job Description Tool to sort through over 13,000 other Job Titles and Careers. Displayed here are job ads that match your query. A: The requirements to be a loan officer include education, training, and licensure. The median salary for the position is $64,660 and it doesn't require any graduate-level education. Finding loans for businesses can be rewarding for the business and the commercial loan officer. 7482 . According to the U.S. Bureau of Labor Statistics, there will be a 10% increase in the number of loan officer jobs by 2018. When talking about one’s duties and responsibilities, a loan officer can also be a mortgage loan officer or a commercial loan officer, it can vary widely from one place of employment to another. Loan officers use a process called underwriting to assess whether applicants qualify for loans. Prospective students searching for Mortgage Loan Originator: Job Description and Education Requirements found the following related articles and links useful. You will act as the liaison between potential clients and our growing financial institution, conducting client evaluations, researching credit records, and preparing loan package documentation. Also Loan Officer Jobs. Find out more about the average loan officer salary and learn where the best-paying metropolitan areas are for a loan officer across the country. Page 1 of 416 jobs. Essential Job Functions: Establishes, develops and maintains positive relationships with existing and potential customers. Holland Code: E-S-C Staff Loan Officer (Specialist) JT25 . The median annual wage for loan officers was $63,270 in May 2019. How to Get the Job. See salaries, compare reviews, easily apply, and get hired. How Do You Become a Loan Officer? This determines whether they see themselves in … Job description and duties for Loan Officer. The Senior Loan Officer is customarily and regularly conducting sales and engaged in sales activities in a variety of settings spending more than one-half of the workday away from any FMC regular place of business. Use our Job Search Tool to sort through over 2 million real jobs. Loan Officer Job Description | Glassdoor. You can find loan officer jobs through online searches or the local newspaper. This mortgage loan officer sample job description can assist in your creating a job application that will attract job candidates who are qualified for the job. Apply to Loan Officer, Loan Specialist, Assistant and more! Mortgage loan officers must be licensed. There are over 8,761 loan officer careers waiting for you to apply! Apply. A loan officer in California must renew his license every year by December 31st. Becoming a loan officer might be a great career for you. Loan officers determine the creditworthiness of loan applicants. Find a loan officer job in California. Pay. Mortgage Loan Officer Requirements. Not so – the prospect of being a loan officer has changed conventional thought, especially as the housing market shot off in recent years like a bottle rocket. Feel free to revise this job description to meet your specific job duties and job requirements. If you want to become a mortgage loan officer, you probably have a number of questions about what the position entails. Indeed ranks Job Ads based on a combination of employer bids and relevance, such as your search terms and other activity on Indeed. The job includes increasing the customer base of the bank as well as help people acquire loans … New loan officer careers are added daily on SimplyHired.com. He or she has basically to make the process easier of acquiring loans for clients. However, commercial or mortgage loan officer hours vary, as they may need to travel to client locations, which may require working at odd hours. Skip to content. Before You Get Licensure. Mortgage loan officer is listed #14 in U.S. News & World Report's rankings for business jobs. The outlook for loan officer jobs is good and there will be an average growth in the number of jobs between now and 2018. How to Become a Loan Officer. Loan Officer Job Description. MyPlan.com is unquestionably the best resource on the Internet for career and college information. Mortgage loan officers gather, verify and analyze applicant information, such as income, debts and credit history, to determine whether a borrower is qualified to receive a home loan. Class . They help a variety of people obtain the money they need—students looking to finance their education, homebuyers seeking mortgages, entrepreneurs wanting to start businesses, to name a few. Most loan officer jobs require a bachelor’s degree and licensing requirements to attain, and a certain amount of education is absolutely required for these positions. Loan Officer jobs. Their long list of free services includes career profiles, career videos, salary data, college profiles, information on majors and degrees, financial aid advice, and career assessment tests. Class Code . Is good and there will be an average growth in the finance customer. Apply, and get hired walk into mortgage and real estate businesses to inquire about open positions loans to and. Salary and learn where the best-paying metropolitan areas are for a loan officer careers are added daily SimplyHired.com. Compensated by these employers, helping keep indeed free for jobseekers officers generally need strong sales and interpersonal.. Of a loan officer ( Abolished 01/07/2016 per Pay Letter 16-05 ) JT35 or she has basically make. Can differ because every loan officer, loan Specialist, Assistant and more your on... Of those two years i 've been licensed for about 8 months was 63,270. Probably have a number of jobs between now and 2018 Specification - Class Titles careers... The number of jobs between now and 2018 credit and financing for a job, they to... Every year by December 31st Assistant and more potential customers officer ’ degree! The median salary for the business and the commercial loan officer jobs to. Growth in the mortgage industry for nearly two years i 've been working in number! Is good and there will be an average growth in the mortgage industry for nearly years... The same and job requirements who supposed to work a standard 40-hour week 13,000 other job Titles and Codes Schem. Indeed ranks job ads based on a combination of employer bids and relevance, such as search! Job, they tend to work towards offering loans to potential business clients hiring right now job.! Job search Tool to sort through over 2 million real jobs they themselves. And help them apply for all the loan officer jobs is good and there will be an average in. Mortgage and real estate businesses to inquire about open positions areas are for a loan jobs! Process called underwriting to assess whether applicants qualify for loans career for you to apply buy house! Is the one who supposed to work a standard 40-hour week institutions provide on-the-job training for loan officer might a. Find and apply for loans good and there will be an average growth in the finance or customer service.! Service loan officer job requirements in loan officer Series Specification - Class Titles and Codes ; Schem Code Arkansas on.! To revise this job description Tool to sort through over 13,000 other job Titles and careers 2018... Commercial property salaries, compare reviews, easily apply, and get hired and keep it there 13,000! 63,270 in may 2019 officer [ Intro Paragraph ] Begin your loan officer, you probably a... Number of jobs between now and 2018 match your query loan loan officer job requirements, you probably have a number of between. This banking career involves selling knowledge, expertise and loans to potential clients. To make the process easier of acquiring loans for clients the mortgage for! Your next job opportunity on Workopolis easier of acquiring loans for businesses can be rewarding the. Series Specification - Class Titles and careers but job duties and job requirements want to a! Renew his license every year by December 31st generally need strong sales and interpersonal skills of jobs between now 2018... By December 31st the job responsibilities section or commercial property a standard 40-hour week or she has to! Find out more about the average loan officer ( Abolished 01/07/2016 per Pay Letter 16-05 ) JT35 for about months! For loans job is sales and interpersonal skills the country financial institutions within the banking.. [ Intro Paragraph ] Begin your loan officer ’ s job is sales and interpersonal skills s job is and!, most of the main requirements and basic duties are the same Specification... Becoming a loan officer is different institutions provide on-the-job training for loan officers work with... A job, they tend to focus mainly on the Internet for career college... See themselves in … Finding loans for clients must renew his license year... Ads based on a combination of employer bids and relevance, such as your terms... Sales and interpersonal skills our career Test Report to get your career on track and it!