Mortgage Loan Officer

West Capital Lending; Peoria (IL); On-site; USD 55,000 - 85,000; Full time

Job summary

West Capital Lending is seeking a motivated Loan Officer to guide clients through the loan application process and assess creditworthiness. You will work with clients and underwriters to explain loan options, terms, and conditions, ensuring accurate documentation and regulatory compliance.

In this role, you will build relationships, process applications, verify financial data, and strive to meet individual and team sales goals while delivering exceptional customer service throughout the loan

Qualifications

• Minimum 1 year of experience as a Loan Officer or similar role.
• In-depth knowledge of loan products, underwriting processes, and applicable regulations.
• Excellent communication and client relationship skills.
• Strong organizational skills and attention to detail.
• Proficient in Microsoft Office and loan processing software.
• Licensed Loan Officer (NMLS).

Responsibilities

• Assess loan applications and determine creditworthiness from documents, credit reports, and relevant information.
• Provide guidance on loan products, terms, and eligibility.
• Process applications and obtain necessary documentation, verify data, complete forms.
• Establish and maintain strong client relationships and deliver excellent service.
• Explain loan options, repayment terms, and risks; coordinate with underwriters.
• Monitor progress and assist clients with questions; support sales goals.

Skills

Loan product knowledge

Communication skills

Credit analysis

Regulatory knowledge

Microsoft Office

NMLS license

Education

NMLS license

Tools

loan processing software

Job description

About the Company

We are seeking a highly motivated and customer-focused Loan Officer to join our dynamic team. As a Loan Officer, you will play a key role in assisting clients with the loan application process, evaluating financial backgrounds, and offering suitable loan products. You will work with clients to ensure that their financial needs are met, while ensuring all transactions comply with legal and regulatory standards.

About the Role

Assess loan applications and determine creditworthiness by reviewing financial documents, credit reports, and other relevant information. Provide expert guidance and advice on available loan products, terms, and eligibility requirements. Process loan applications, including obtaining necessary documentation, verifying financial data, and ensuring accurate completion of all forms. Establish and maintain strong relationships with clients, providing excellent customer service throughout the loan process. Communicate clearly with clients to explain loan options, repayment terms, and potential risks. Collaborate with underwriters, processors, and other team members to ensure a smooth and efficient loan approval process. Maintain a deep understanding of industry regulations, loan policies, and market trends. Monitor the progress of loan applications and assist clients with any questions or issues that arise. Achieve individual and team sales goals by promoting and closing loan products.

Qualifications/Responsibilities

• Proven experience as a Loan Officer or in a similar role in financial services (minimum of 1 year).
• Strong knowledge of loan products, underwriting processes, and applicable regulations.
• Excellent communication and interpersonal skills with the ability to build strong relationships with clients.
• Detail-oriented with strong organizational skills and the ability to handle multiple tasks.
• Ability to assess financial documents and analyze creditworthiness.
• Proficient in Microsoft Office Suite and other loan processing software.
• Loan Officer license (NMLS).

Equal Opportunity Statement

West Capital Lending is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.