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Sample loan officer job description

As one of the nation’s leading mortgage lenders, [Company X] is proud to help homeowners every day. Our employees are the bedrock of what we do, and their determination and expertise consistently allow our customers and executives to do better. We’re currently seeking a qualified loan officer to join our team. The ideal candidate will demonstrate a strong understanding of economic and accounting principles, the financial market, and banking — and have an innate ability to manage and lead.

Objectives of this role

  • Establish strong relationships with realtors, builders, developers, CPAs, and financial planners
  • Gain applicable expertise in local and national real estate markets
  • Negotiate ideal price, terms, and conditions for home mortgages
  • Determine and address problems that may arise during the loan application process

Responsibilities

  • Coordinate customer interactions with all parties involved in making a loan
  • Guide customers through the loan process, including negotiations, terms, and conditions
  • Maintain a customer’s relationship with realtors, builders, developers, CPAs, and financial planners
  • Learn and understand the rules and regulations of FNMA, FHLMC, FHA, and VA
  • Be aware of all origination, processing, appraisal, underwriting, and closing requirements for both government insured and privately insured mortgages

Required skills and qualifications

  • Bachelor’s degree (or equivalent) in business, finance, or related area
  • Minimum of three years of loan origination experience
  • Advanced knowledge of lending and credit markets
  • Knowledge of all federal and state real estate lending regulations

Preferred skills and qualifications

  • Excellent written and verbal communication skills
  • Advanced interpersonal skills, with a strong focus on customer service
  • Highly detail-oriented