Here are the keywords and skills that appear most frequently on recent Consumer Loan Officer job postings. In other words, these are the most sought after skills by recruiters and hiring managers. Go to Sample Templates ↓ below to see how to include them on your resume.
Remember that every job is different. Instead of including all keywords on your resume, identify those that are most relevant to the job you're applying to. Use the free Targeted Resume tool to help with this.
Does your resume contain all the right skills? Paste in your resume in the AI Resume Scan ↓ section below and get an instant score.
Paste your resume below and our AI will identify which keywords are missing from your resume from the list above (and what you need to include). Including the right keywords will help you get past Applicant Tracking Systems (i.e. resume screeners) which may scan your resume for keywords to see if you're a match for the job.
Go through the Consumer Loan Officer posting you're applying to, and identify hard skills the company is looking for. For example, skills like Credit Analysis, Consumer Lending and Credit are possible skills. These are skills you should try to include on your resume.
The following word cloud highlights the most popular keywords that appear on Consumer Loan Officer job descriptions. The bigger the word, the more frequently it shows up on employer's job postings. If you have experience with these keywords, include them on your resume.
Here are examples of proven resumes in related jobs and industries, approved by experienced hiring managers. Use them as inspiration when you're writing your own resume. You can even download and edit the resume template in Google Docs.
As the name suggests, these loan processors deal solely with processing loans. Like any other processor, they are tasked with compiling all necessary financial documents, interrogating one’s credit history and score, and passing on all relevant information to an underwriter who will make the final decision on whether or not to approve the mortgage. You must be an expert on the mortgage and housing industries, and be thorough in compiling the correct information and ensuring it is accurate. Here is an attractive mortgage loan processor resume.
Even if you have had other positions in the loan department apart from loan processing (this applicant was a loan underwriter and mortgage advisor) try to highlight any experience you had working with mortgages in these other positions. This applicant has done that successfully.
If you have any mortgage-specific certification make sure you include it. If you don’t and have not had extensive experience dealing with mortgages, take a course and earn yourself a certification in mortgage processing. It will elevate your career, show career dedication, and set you apart from your competition.
Senior loan processors are in essence the person that connects everyone else in the loan process. They are in constant communication with the borrower, loan officer, underwriter, etc. They are tasked with compiling and verifying all necessary documentation, and inputting it into software programs when required. As a senior loan processor, you will be expected to show years of experience, great communication skills, and overall success in previous positions.
As a senior loan processor, you may be in charge of a loan processing team. Therefore being able to show that you have effectively led teams is vital in your experience section. This applicant has done this successfully in their most recent listed position.
An easy way to impress recruiters is to use impressive metrics. So include figures such as the size of the teams you have managed, the percentage increase in the number of loans processed by the company thanks to you, etc.
Entry-level loan processors will assist more senior loan processors and will often be assigned more mundane tasks. Tasks assigned may include cross-checking documents, checking credit histories, and whatever other paperwork their seniors may need them to do. You will be given a lot of on-the-job training so a bachelor’s degree in a related field or extensive history in the industry is not always required. You will however be required to at least have some knowledge of loan processing, and any experience in fields like banking or finance would be highly beneficial to your application.
If you have no experience in the field and no certification, consider applying for an internship in loan processing. These may be easier to get without any experience and will be highly beneficial to your resume when trying to apply for full-time positions in the field. This applicant has taken this route.
You may not have loan processing experience, but if you have secured donations for your university or participated in your school's debate club or campus radio, include these in your resume. The communication and financial skills you gain here are likely transferable and useable in a loan processor position.
This resume template is suitable for experienced hires or mid-level hires. The education contains two examples of an education experiences, but only include one (your most recent one) if you're a senior level employee.
It strikes the right balance between white space and content, and doesn't waste space on unnecessary images and icons. Remember, recruiters aren't looking at how creative you are when it comes to your template. Your content is core and should be the focus.
This job seeker uses resume bullet points that uses strong action verbs, and most importantly, contain numbers that demonstrate the significance of their accomplishments.
This template is clean, readable by resume screeners, and is effective at calling out key accomplishments and projects from specific work experiences. This would be useful if you have been at a company for a while, or been in a consulting-type of role, and want to point hiring managers to your most impressive accomplishments.
Action verbs are important on your resume are vital. They evoke strong imagery to your reader, and this resume does an excellent job by using words such as “spearheaded,” “managed,” and “drove.” These words will help you to put your achievements in perspective, in conjunction with measurable results. Use action verbs relating to the skills you want to highlight.
Many of your accomplishments will involve your responsibilities in your employer's high-level projects. Recruiters want to see what you’ve completed in previous roles -- such as the Operations Improvement Project and new iPhone app launch highlighted in this resume. The numbers make your experience real, rather than a vague “oversaw several teams for a project.” What did you do specifically? Be specific.
This two column resume template has been designed and created in Google Docs, and puts an emphasis on a skills section. You can download it in Word, or edit it directly in Google Docs.
The two-column in this Google Docs resume template prioritizes the work experience sections, while maximizing the content into the resume. Not all two column templates are ATS-compatible, but this one is when it is saved as PDF and passed through a resume screener.
Skills sections are a great way to include specific keywords and skills that you have, that haven't been included in other parts of your resume. This helps you get past resume screeners that scan your resume for specific keywords.
The most common skills and keywords we found on Consumer Loan Officer resumes and job postings were Consumer Lending, Loans, Banking, Credit, Credit Analysis, Loan Origination, Mortgage Lending and Retail Banking.
Skills like Underwriting, Loan Servicing, Commercial Banking, Cross Selling and Finance also appeared on related job postings.
While the keywords above are a good indication of what skills you need on your resume, you should try to find additional keywords that are specific to the job. To do this, use the free Targeted Resume tool. It analyzes the job you are applying to and finds the most important keywords you need on your resume.
It is personalized to your resume, and is the best way to ensure your resume will pass the automated resume filters.
Thank you for the checklist! I realized I was making so many mistakes on my resume that I've now fixed. I'm much more confident in my resume now.
