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Real estate loan officer skills for your resume and career

Updated January 8, 2025
4 min read
Quoted experts
Lynn McKee,
Dr. Bert Greenwalt
Below we've compiled a list of the most critical real estate loan officer skills. We ranked the top skills for real estate loan officers based on the percentage of resumes they appeared on. For example, 18.7% of real estate loan officer resumes contained real estate loans as a skill. Continue reading to find out what skills a real estate loan officer needs to be successful in the workplace.

15 real estate loan officer skills for your resume and career

1. Real Estate Loans

Here's how real estate loan officers use real estate loans:
  • Analyzed two complex substandard commercial real estate loans totaling $74.0 million for presentation to Special Assets Committee for approval.
  • Assumed responsibility for a $30 million portfolio of partially substandard credits including commercial, consumer & real estate loans.

2. Mortgage Loans

Here's how real estate loan officers use mortgage loans:
  • Originated, negotiated, underwrote and closed permanent commercial real estate mortgage loans on domestic and international properties.
  • Originate mortgage loans that meet banks requirements, regulatory requirements and investor requirements.

3. Business Development

Business development is the ideas or initiatives that work to make business work better. Selling, advertising, product development, supply chain management, and vendor management are only a few of the divisions involved with it. There is still a lot of networking, negotiating, forming alliances, and trying to save money. The goals set for business development guide and coordinate with all of these various operations and sectors.

Here's how real estate loan officers use business development:
  • Perform sales and account management functions including market planning and new business development between mortgage loan officer and banking center personnel.
  • Acquired and serviced commercial/business loans, commercial real estate loans and bank services in accordance with individually established business development goals.

4. Escrow

An escrow refers to a third party who holds in their custody money or asset on behalf of other parties involved in a business transaction. Every month a lender deposits an escrow amount of the mortgage into another party's account and handles the insurance premiums plus the estate taxes.

Here's how real estate loan officers use escrow:
  • Coordinated and arranged appointments and escrow signings.
  • Processed monthly PMI payments, the monthly escrow analysis, member requests, and the monthly ACH and Biweekly payment rejections.

5. Financial Products

Financial products refer to instruments through which an individual can invest, borrow or save money. Such devices include credit cards, shares, deposits, bonds, and loans.

Here's how real estate loan officers use financial products:
  • Focus on cross-selling real estate and consumer loans, financial products and services.
  • Identified opportunities for cross-selling financial products and services.

6. Financial Statements

A financial statement is a report of an individual or a company that includes all the information about the declared assets, the use of money, income, and also the contribution of shareholders over a certain period.

Here's how real estate loan officers use financial statements:
  • Determined eligibility of loan applicants, reviewed financial statements, supervised the loan process, and administered loan closings.
  • Reviewed loan requests, analyzed borrower and property financial statements.

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7. Financial Institutions

Financial Institutions come in all sizes, forms, and are meant for all sorts of purposes. Some only keep money, some only trade it, some focus on extending loans, some work with only other financial corporations or regular business and companies, and some are built to be useful and multi-purpose. A central bank, for example, is a banking institution meant to keep an eye on other banks and ensure that no laws or rules are broken or bent.

Here's how real estate loan officers use financial institutions:
  • Work closely with Financial Institutions generating and processing daily reports.
  • Interact with other financial institutions to share information on loan transactions.

8. Loan Products

Here's how real estate loan officers use loan products:
  • Interview and assist members and potential members in selecting the appropriate real estate loan products to meet their specific financial needs.
  • Provide leadership and training for branch team members on all corporate policies and real estate loan products.

9. Loan Programs

Here's how real estate loan officers use loan programs:
  • Provide potential borrowers with a cost/benefit analysis of qualified loan programs.
  • Used my mortgage industry experience to generate loan programs summaries with rates and ensuring that these programs fit client's profile.

10. Origination

Here's how real estate loan officers use origination:
  • Work with Residential Loan customer from origination through loan closing.
  • Volunteered for residential construction-to-permanent loan origination training.

11. Loan Process

Here's how real estate loan officers use loan process:
  • Gathered and organized documentation required by bank for loan processing.
  • Meet with clients, potential clients to intake loan information, process needed paperwork, and complete loan process to funding.

12. Business Relationships

Here's how real estate loan officers use business relationships:
  • Established secondary market department, portfolio loans and construction products through business relationships with investors.
  • Developed and maintained business relationships with real estate professionals.

13. Cross-Selling

Here's how real estate loan officers use cross-selling:
  • Maximized work with bank business partners to capitalize on cross-selling opportunities.
  • Marketed banking services to individuals, as well as to small businesses and corporations through networking and cross-selling.

14. Bank Products

Those products which a bank offers to its customers are called bank products. There a variety of services that a bank offers to attract customers. Some of the banking products/ services are: giving loans, overdrafts, check payments, exchange of foreign currency, consultancy services credit, debit and ATM cards, home and online banking.

Here's how real estate loan officers use bank products:
  • Generated new business by introducing bank products and recommended best options that met needs of consumer.
  • Cross sell all bank products in order to strengthen the overall customer relationship

15. Loan Committee

Here's how real estate loan officers use loan committee:
  • Presented recommendations to Loan Committee.
  • Prepared loan reports for Senior Loan Committee and Board of Directors.
top-skills

What skills help Real Estate Loan Officers find jobs?

Tell us what job you are looking for, we’ll show you what skills employers want.

What skills stand out on real estate loan officer resumes?

Lynn McKeeLynn McKee LinkedIn profile

Lecturer, Georgia State University

From entry-level grads, employers are looking for hard skills, like Argus certification, proven Excel skills and CoStar proficiency. Some experience from internships is also important to get a grad over the "no CRE experience" hurdle.

What soft skills should all real estate loan officers possess?

Dr. Bert Greenwalt

Professor of Agricultural Economics, Arkansas State University

-Effective interpersonal communication
-Ability to explain complex concepts

What hard/technical skills are most important for real estate loan officers?

Dr. Bert Greenwalt

Professor of Agricultural Economics, Arkansas State University

-Analytical and problem-solving skills
-Critical thinking skills
-Understanding of farm business management and finance

What type of skills will young real estate loan officers need?

Terry FieldsTerry Fields LinkedIn profile

Program Director and Associate Professor, University of Alaska Anchorage

In my experience, the attribute that will dictate the future success of a graduate most accurately is strong emotional intelligence. This has been the case in the past, and it will continue to be critical to the success of real estate managers. Inherent in this skill is the ability to know yourself, to know your audience (clients, co-workers, supervisors, vendors, etc.), and to most effectively deliver communication that is clear, considerate of the audience, and empathetic. Employees that have this skill are better practitioners, better team members, and better leaders. They form stronger relationships, manage conflict more effectively, and grow their circle of influence. In competitive markets, if the "tide goes out," these are the individuals that build a personal reputation and loyalty that make their presence even more critical to the success of the organization.

In addition to emotional intelligence, two hard skills that will benefit young graduates are financial and technical competencies. The ability to comprehend the big picture of their role, expressed in dollars and graphs, will enable them to more effectively communicate with supervisors and correlate their daily activities with the mission and objectives of the organization. Being able to identify trends, variances, correlations, and causations in the spreadsheets will make their work as practitioners more effective and signal to their supervisors the higher level of thinking required for promotions in this industry. Technical competency will also continue to play a critical role in moving forward. Communication and financial skills are often expressed through the use of technical tools, including spreadsheets, virtual communication apps, presentation and design software, and property management and marketing solutions. Graduates with a strong grasp of technology and an ability to quickly learn new systems will be better able to demonstrate and communicate their value in a professional way.

List of real estate loan officer skills to add to your resume

Real estate loan officer skills

The most important skills for a real estate loan officer resume and required skills for a real estate loan officer to have include:

  • Real Estate Loans
  • Mortgage Loans
  • Business Development
  • Escrow
  • Financial Products
  • Financial Statements
  • Financial Institutions
  • Loan Products
  • Loan Programs
  • Origination
  • Loan Process
  • Business Relationships
  • Cross-Selling
  • Bank Products
  • Loan Committee
  • Loan Packages
  • Loan Underwriting
  • Loan Volume
  • FHA
  • Estate Loan Applications
  • Commercial Loans
  • Portfolio Loans
  • Loan Request
  • Credit Reports
  • FNMA
  • Real Estate Portfolio
  • Construction Loans
  • Consumer Loans
  • Bank Guidelines
  • Purchase Agreements
  • Bank Policies
  • Commercial Property
  • Loan Closings
  • Open Houses
  • Property Management
  • Notary
  • Financial Services
  • Property Evaluations
  • Real Estate Transactions
  • FDIC
  • Tax Returns
  • USDA
  • MLS
  • SBA
  • LTV
  • Referral Business
  • Estate Sales
  • Residential Properties
  • HUD

Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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