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Loans have become an indispensable part of our business life, especially when you need to generate a large amount of money. You may need help from a loan officer when proceeding to obtain a loan.
In general, loan officers work for commercial banks, mortgage companies, or credit unions. They apply their market knowledge and financial skills to test the borrower's creditworthiness to determine if they are qualified for a loan. Also, they may provide borrowers with advice on different borrowing situations or paperwork for granting the loan.
🔎 Fact: The role of a loan officer may bear some similarities to a loan processor’s scope of work. However, a loan processor is commonly in charge of the borrowers’ documents for submission to the underwriters while a loan officer mostly deals with the process of evaluating borrowers’ eligibility for a loan.
Regarding such responsibilities of a loan officer, a loan officer resume has to fully present the applicant’s knowledge in business and finance along with relevant skills such as time management, thoroughness, confidentiality, and analyzing information.
Check out this comprehensive guide on writing a professional loan officer resume with great loan officer resume examples!
A resume headline is a title that grabs the content of your entire loan officer resume and your professional level. Keeping it concise and unique within a sentence is the key to seize attention.
A recommended commercial loan officer resume headline consists of your current role, your strength preferably accompanied by a quantifiable number. Such elements will help you demonstrate your level and outstanding skills to strike an impression on the recruiter.
Examples of a well-structured headline of a credit officer resume:
The profile summary of a credit officer resume is a section where you present shortly your personality, job experience, and achievements in 2-3 sentences. By highlighting your best features, you have a better starting point in the job-hunting game.
Examples of an eye-catching summary of a loan officer resume:
With a well-structured skills section in the loan officer resume, you can demonstrate your strengths and showcase your ability. By grasping your skills, employers can decide whether you are the best fit for the vacancy.
👍 Reminder: The desired skill list should consist of both soft and hard skills.
For a consumer loan officer resume, these are the most needed skills to list down:
Soft skills
Hard skills
To make your loan officer resume more relevant to the position you're applying for, it’s important to adopt keywords from the loan officer job description resume. Only listing aspects concerning the specific position will increase your chance of getting an interview.
Proofread is the last step to ensure your loan officer resume is well-written and flawless. In the specific field of finance and business, attention to details appears more important and vital than ever.
CakeResume provides the right resume templates & formats for loan officers to showcase their skills and experiences. Sign up to create the best loan officer resume and download it for free, Now!
Most of the time, deciding the type of resume format to use is determined by the applicant’s specific purposes. For freshers who are drafting an entry-level loan officer resume, it seems to be more difficult to pick a suitable format.
No need to panic! Let us walk you through this.
There are four commonly-used types of resume formats:
✍🏻 Chronological resume format:
Your loan officer resume is presented in a reverse-chronological order with the latest experience and achievements listed first. The format best fits someone with intensive work experience. It is also the default format that most people can easily read and understand.
✍🏻 Functional resume format:
It’s a skill-based type of format that highlights your skills and personal traits that may benefit you at work. Specifically, if you are a fresh graduate or drafting a loan officer assistant resume, this format can help you demonstrate your strengths instead of showcasing employment history.
✍🏻 Hybrid resume format:
This type of format is a combination of the chronological and functional format. Not only does it list down relevant skills but it also presents working history. You may consider this format while writing an experienced credit officer resume.
✍🏻 Targeted resume format:
A commercial loan officer resume with this format type will be greatly customized with keywords to tackle the requirements shown in the job description. Thus, it's beneficial for those who are applying for a highly competitive position.
Creating a neat and well-organized loan officer resume template is an indispensable step for a job-winning resume. You can either design one by yourself or download a resume sample for credit officers online.
Check out two most common tools for creating a professional mortgage loan officer resume on your own:
📝 Microsoft Word
📝 Online resume builder
👍 Note: Remember to submit your file as a loan officer resume pdf to avoid any issues while opening a doc file.
State-licensed Loan Officer with 10-year Experience in State Banks
Owatonna, MN
(560) 231 9816
[email protected]
Experienced and attentive Credit Loan Officer with 7 years of experience providing supervision to clients seeking loans. Adept at clients’ financial status analysis and helping them sign up for suitable loan amounts.
Loan Officer
Kara Loans, Michigan
12/2017 - 11/2020
Mortgage Loan Officer
Car & Cage Financial, Los Angeles, CA
09/2013-10/2017
Mortgages Educators and Compliance
NMLS state license
Class of 2012
King's College - Pennsylvania, USA
Bachelor of Science in Business Administration
Class of 2009
Soft Skills:
Hard Skills:
--- Originally written by May Luong ---