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Mortgage Loan Officer
Career Insights for Mortgage Loan Officer
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Scorecard
Based on New Jersey data
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What they do
A Mortgage Loan Officer assists customers who apply for loans, and solicits loan applications on behalf of a bank, mortgage broker or credit union. Provides information on types of loans available, gathers financial and credit information needed to evaluate loan applications; guides the application and approval process. May partner with real estate agents to offer financing information to potential home buyers. May sell mortgage loans on commission.
$59,899 / year median in New Jersey
-27% projected decline