Commercial Loan Officer jobs in Paramus, NJ

Commercial Loan Officer solicits and services a variety of smaller commercial loans. Performs a due diligence review of potential borrowers, including a risk and financial analysis. Being a Commercial Loan Officer approves loans within established limits or presents to loan committee for approval. Monitors and maintains existing commercial loan portfolio. Additionally, Commercial Loan Officer adheres to all regulatory requirements and internal risk and operating policies and procedures. May assist senior loan officers with larger or more complex loans. Typically requires a bachelor's degree. Typically reports to a manager. The Commercial Loan Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Commercial Loan Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Loan Officer
  • Paramount Residential Mortgage Group
  • Paramus, NJ FULL_TIME
  • Overview

    PRMG is Built by Originators for Originators.  There is a reason why PRMG is consistently voted one of the best places to work.  We focus on the areas that make an Originator successful and have an unmatched Culture.  We look forward to helping you succeed as an Originator.  

    Responsibilities

    Essential Job Functions:

    • Organization: Develops and implements strategies, satisfying customer needs through a full array of products and services.
    • Coordination: Uses judgment and discretion to ensure uninterrupted flow of business.
    • Communication: Communicates well verbally and in writing with co-workers and customers acting as liaison between customer and Company’s internal departments to ensure cohesive business flow.
    • Equipment: Uses such office equipment as computer terminals, copiers, and FAX machines.
    • Physical: Sits and stands for extended time periods. Hearing and vision within normal ranges. Must devote substantially more than 50 percent of working hours outside of any Company office, home office, and any other fixed site, meeting with customers and potential customers seeking residential mortgage financing.

     

    Responsibilities:

    • Verifies, compiles, and inputs application information for mortgage loans.
    • Discuss and advise the client of their home loan options.
    • Reviews residential loan application file to verify that application data is complete and meets establishment standards, including type and amount of mortgage applied for, including but not limited to borrower assets, liabilities, and length of employment.
    • Informs supervisor of discrepancies in title or survey.
    • Performs other related duties as assigned.
    • Current, valid NMLS license or appointment in good standing.

    Qualifications

    • Must have applicable state licensing. 
    • Two to five years’ experience are preferred. 
    • Must also meet one of the following 3 options:
    • Actively funding more than 2 loans/month, or
    • Xinnix Training completion for Loan Origination required, or
    • Origination mentor assigned to new Loan Officer by branch who funds more than 2 loans/month (see PRMG Loan Officer Mentor Agreement).

     

    Skills:

    • Ability to make sound judgments on the resolution of service, credit decision, funding, and post-close issues.
    • Ability to problem-solve and exercise independent judgment while displaying a high degree of initiative.
    • Ability to handle detailed assignments and maintain confidentiality.
    • Excellent communication and interpersonal skills.
    • Organizational skills necessary to prioritize workload and delegate responsibility.

     

     

    Travel:

    • May be required.

    Min

    Max

  • 27 Days Ago

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Commercial Loan Servicing Representative
  • B10 Wells Fargo Bank, N. A.
  • Riverside, TX FULL_TIME
  • At Wells Fargo, we are looking for talented people who will put our customers at the center of everything we do. We are seeking candidates who embrace diversity, equity, and inclusion in a workplace w...
  • 1 Month Ago

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Mortgage Loan Officer
  • THE MINT CAPITAL INC
  • Monroe, NY FULL_TIME
  • Founded in 2018, Mint Capital’s rise within the industry has been fast and unprecedented, growing from a team of 2 to 50 in under 2 years. Built upon our team’s 50 years of combined experience, Mint C...
  • 10 Days Ago

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Sr. Loan Officer
  • New American Funding
  • Florida, NY FULL_TIME
  • Overview Must be able to work on-site if within 31 miles of a consumer direct call center location. If outside 31 miles, then OK to remotely. Offices are located in the following cities and states: Ca...
  • 1 Month Ago

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Mortgage Loan Officer
  • PNC
  • Ridgewood, NJ FULL_TIME
  • Position OverviewAt PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We work to...
  • 1 Month Ago

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Lead Commercial Loan Closing Representative
  • B10 Wells Fargo Bank, N. A.
  • Riverside, TX FULL_TIME
  • About this role: Wells Fargo is seeking a Lead Commercial Loan Closing Representative in Commercial Capital/Equipment Finance Operations as part of the Wholesale Lending Operations division. Learn mor...
  • 26 Days Ago

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0 Commercial Loan Officer jobs found in Paramus, NJ area

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Credit Portfolio Manager III (CRE)
  • Valley Bank
  • Morristown, NJ
  • JOB OVERVIEW: The Credit Portfolio Manager III will underwrite credit facilities for existing and new customers. Proacti...
  • 4/24/2024 12:00:00 AM

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Vice President, Capital Markets (Debt/Equity)
  • Offerd
  • New York, NY
  • Technology and AI Powered Commercial Brokerage seeks Vice President of Capital Markets Are you a driven, experienced deb...
  • 4/24/2024 12:00:00 AM

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Sponsor Finance, Portfolio Management Associate
  • Sumitomo Mitsui Banking Corporation – SMBC Group
  • New York, NY
  • Overview SMBC is hiring an Associate within the Sponsor Finance- Portfolio Management and Origination team. This positio...
  • 4/24/2024 12:00:00 AM

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Commercial Loan Review Officer I
  • Valley Bank
  • Morristown, NJ
  • Job Overview The Loan Review Officer I will provide an independent assessment of credit risk by examining individual cre...
  • 4/23/2024 12:00:00 AM

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Commercial Loan Processor - 1815601
  • Blackbird Recruiting
  • Spring Valley, NY
  • Commercial Loan Processor Spring Valley, NY $60,000-$80,000+ A Commercial Mortgage Company is seeking a highly organized...
  • 4/22/2024 12:00:00 AM

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Universal Banker II
  • Peapack-Gladstone Bank
  • Bedminster, NJ
  • Peapack-Gladstone Bank is a well-recognized, high-performing boutique bank; a leader in wealth, lending and deposit solu...
  • 4/21/2024 12:00:00 AM

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Credit Portfolio Manager III (CRE)
  • Valley Bank
  • Morristown, NJ
  • JOB OVERVIEW: The Credit Portfolio Manager III will underwrite credit facilities for existing and new customers. Proacti...
  • 4/20/2024 12:00:00 AM

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Commercial Loan Review Officer I
  • Valley Bank
  • Morristown, NJ
  • Job Overview The Loan Review Officer I will provide an independent assessment of credit risk by examining individual cre...
  • 4/20/2024 12:00:00 AM

Paramus (/pəˈræməs/ pə-RAM-əs) is a borough in Bergen County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 26,342.. A suburb of New York City, Paramus is located 15 to 20 miles (24 to 32 km) northwest of Midtown Manhattan and approximately 8 miles (13 km) west of Upper Manhattan. The Wall Street Journal characterized Paramus as "quintessentially suburban".[21] Paramus was incorporated as a borough by an act of the New Jersey Legislature on March 2, 1922, and ratified by a referendum held on April 4, 1922, that passed by a vote of 238 to 10.[22][2...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Commercial Loan Officer jobs
$75,215 to $104,044
Paramus, New Jersey area prices
were up 1.5% from a year ago

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Commercial loan officers work in credit unions, commercial banks, mortgage companies, and financial institutions of all types.
December 24, 2019
Commercial Loan Officer in Wilmington, DE
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.
December 01, 2019
Commercial Loan Officer in Fort Worth, TX
Orleans, MA – The Cape Cod Five Cents Savings Bank is pleased to announce that Stephen Peck has joined the Bank in the role of Commercial Loan Officer.
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