Banking Loan Officer Mortgage Salary in Chicago, Illinois

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Average Salary for Banking Loan Officer Mortgage in Chicago, Illinois

The average salary of a(n) Banking Loan Officer Mortgage in Chicago, Illinois is $68,247.

The average hourly rate of a(n) Banking Loan Officer Mortgage in Chicago, Illinois is $32.81.

The average bonus of a(n) Banking Loan Officer Mortgage in Chicago, Illinois is $2,375.00.

Job Description:

Interviews applicants, and reviews, evaluates, and authorizes or recommends approval of customer applications for conventional residential mortgage and FHA/VA loans. Interviews applicant and requests specified information for mortgage loan application. Analyzes applicant financial status, credit, and property evaluation to determine feasibility of granting loan, or may submit application to Credit Analyst for verification and recommendation. Corresponds with or interviews applicant or creditors to resolve questions regarding application information. Approves mortgage loan within specified limits or refers loan to loan committee for approval. Lesser experienced loan officers operate with moderate credit authority where more experienced senior loan officers operate with substantial credit authority involving large amounts of money or important customers. Ensures loan agreements are complete and accurate according to policy. May confer with mortgage underwriter to aid in resolving mortgage application problems. May analyze potential loan markets to develop prospects for loans. May solicit and negotiate conventional or government secured loans on commission basis. May supervise loan personnel. Less

Interviews applicants, and reviews, evaluates, and authorizes or recommends approval of customer applications for conventional residential mortgage and FHA/VA loans. Interviews applicant and requests specified information for mortgage loan application. Analyzes applicant financial status, credit, and property evaluation to determine... More

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Results for Banking Loan Officer Mortgage in Chicago, Illinois

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Bank of America

The Lending Consultant is a role that consists of 12 month training and mentoring program with the LC graduating to a mortgage loan officer position upon...

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Loan Closer - Oak Lawn, IL

Crown Mortgage Company

Minimum 2 Years Mortgage related experience (Loan Processor, Loan Officer Assistant, etc.). Join one of Chicagoland’s oldest mortgage banking firms....

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Wealth Management Lending Officer - Greater Chicago - Chicago, IL

Bank of America

Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain...

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Mortgage Home Lending Center Sr Loan Officer (MLO) - Downers Grove, IL

PNC Bank

As a Senior Mortgage Loan Officer within PNC's Branch Coverage organization, you will be based in Downers Grove, IL....

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