Mortgage Loan Officer Resume

Mortgage loan officers work with people who want to buy houses or other real estate or get new real estate loans for property they already own.

Mortgage loan officers typically work on commission, so the job comes with a certain amount of risk. When rates drop, the money can be easy. But when rates rise, the demand for loans drops and only the best closers are retained.

Loan officers usually work for a mortgage broker, a mortgage banker or a financial institution, such as a bank or credit union. Most brokerage loan officers are commission-only salespeople. Larger mortgage banks and financial institutions sometimes have salaried loan officers who earn smaller commissions on a per-loan basis.

Sample Mortgage Loan Officer Resume

Richard Anderson
1234, West 67 Street,
Carlisle, MA 01741,
(123)-456 7890.

Objective: Willing to work as a mortgage loan officer with a well reputed financial organization.

Experience:

Bank of America - Eugene, OR
Mortgage Loan Officer

Meets with prospective as well as current clients to develop information pertaining to their lending needs.
Participating in an aggressive business development program's establishments and maintenance for developing profitable bank relationships.
Helping in lending activity coordination through direct connection with loan department.
Responsible for representing the bank and providing leadership in key community activities involving civic, charitable, business and social organizations to maintain a appropriate responsible citizen stature for the bank.
Determined various credit needs of bank's market area through several business and community functions to ensure that the objectives of Community Reinvestment (CRA) are being met.
Also responsible for performing related duties as assigned.

RBC Financial Group - Mobile, AL
Jr. Mortgage Loan Officer

Promoted business by developing relationships with new and existing realtors, borrowers and builders.
Promoted subsidiary products as resented by TT&T and loans through TT&T affiliates and public contact.
Advised loc-in-policy borrowers and ensured that loc requests were completed properly.
Pre-qualified and interviewed potential borrowers.
Provide information to borrowers and related parties about loan options, documents, market conditions and other requirements necessary to close the loan.
Helped operations personnel in processing and closing loans.
Analyzed and reviewed new loan guidelines, updates, programs and changes.

Education

Bachelor's Degree in Business Administration
University of New York (2000)