Loan Officer

2 days ago


Baltimore, Maryland, United States Latitude Inc Full time
Job Title: Loan Officer Location: Baltimore MD Position Type: Full-Time, Hybrid Schedule after 90 days Job Summary: We are seeking a skilled Loan Officer to assist clients in securing loans for various purposes, including home purchases and refinancing. The ideal candidate will have a strong background in loan origination, excellent customer service skills, and a comprehensive understanding of the loan process. Key Responsibilities: • Evaluate, authorize, and recommend approval of loans • Meet with applicants to obtain information for loan applications and to answer questions about the process • Analyze applicants' financial status, credit, and property evaluations to determine the feasibility of granting loans • Explain to customers the different types of loans and credit options that are available, as well as the terms of those services • Stay updated on loan products, underwriting policies, and regulations to provide accurate and timely information to clients • Maintain detailed records of loan applications, approvals, and denials • Develop and maintain strong relationships with customers and real estate agents • Ensure compliance with all applicable laws and regulations throughout the loan process Qualifications:NMLS License: Must hold a valid NMLS (Nationwide Mortgage Licensing System) license • Experience: Minimum of 2 years of experience as a Loan Officer • Education: Bachelor's degree in Finance, Business Administration, or a related field preferred • Credit Union Experience: Prior experience working in a credit union is highly desirable • Strong knowledge of mortgage loan products, procedures, and regulations • Excellent analytical, interpersonal, and communication skills • Proven ability to develop and maintain relationships with clients • Ability to work independently and manage time effectively • Proficiency in loan origination software and Microsoft Office Suite This range reflects OTE (On Target Earnings) rather than a base salary

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