Mortgage Loan Officer Salary in Alabama - State Average

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Average Salary for Mortgage Loan Officer in Alabama - State Average

The average salary of a(n) Mortgage Loan Officer in Alabama - State Average is $58,913.

The average hourly rate of a(n) Mortgage Loan Officer in Alabama - State Average is $28.32.

The average bonus of a(n) Mortgage Loan Officer in Alabama - State Average is $2,050.00.

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 Mortgage Loan Officer in Alabama - State Average

Loan Officer Assistant - Birmingham, AL

Movement Mortgage

As a Loan Officer Assistant at Movement Mortgage, you work side-by-side with the Loan Officer to ensure everything is ready to close on a loan....

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Loan Originator - Alabama

Supreme Lending

May supervise and direct the activities of other loan officer(s), loan officer assistant(s), or loan processor(s)....

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Mortgage Loan Officer - Birmingham, AL

Americas First Federal Credit Union

Mortgage Loan Officer. 10% Maintains on line tracking system for mortgage loans in process. Responsible for originating and/or processing mortgage loans...

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Mortgage Loan Officer - Birmingham, AL

BB&T

Provide mortgage clients sound mortgage advice based on a full understanding of client needs as well as BB&T Mortgage products and their benefits....

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Mortgage Loan Officer - Montgomery, AL

ASE Credit Union

Evaluate acceptability of loan on secondary mortgage markets. To increase mortgage loan portfolio by developing business contacts;...

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