Mortgage Loan Officer I
Also referred to as:
Entry Level Loan Officer, Officer, Entry - Mortgage Loans, Residential Mortgage Officer I, Specialist I - Mortgage Loans
Requirements and Responsibilities
Mortgage Loan Officer I solicits and services a variety of residential mortgage loans. Interviews applicants, collects financial data and documents, and makes recommendations regarding the loan products that best meet the borrower's needs. Being a Mortgage Loan Officer I assists buyers in the purchase process through closing. Requires a bachelor's degree. Additionally, Mortgage Loan Officer I typically reports to a manager or head of a unit/department. The Mortgage Loan Officer I works on projects/matters of limited complexity in a support role. Work is closely managed. To be a Mortgage Loan Officer I typically requires 0-2 years of related experience.
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Level of Education
- Mortgage Loan Officer I Salaries with No Diploma
- Mortgage Loan Officer I Salaries with a High School Diploma or Technical Certificate
- Mortgage Loan Officer I Salaries with an Associate's Degree
- Mortgage Loan Officer I Salaries with a Bachelor's Degree
- Mortgage Loan Officer I Salaries with a Master's Degree or MBA
- Mortgage Loan Officer I Salaries with a JD, MD, PhD or Equivalent
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