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Lender Jobs (NOW HIRING)

Mortgage Lender

O Fallon, IL ยท On-site

$50K - $100K/yr

Mortgage Lender About the Role: We are seeking a motivated and detail-oriented professional to join our team as a Mortgage Lender at our O'Fallon or Shiloh branch (location will be determined based ...

The Commercial Lender is responsible for identifying and developing potential commercial lending opportunities through referrals, prospecting, networking and maintaining relationships with ...

About The Role As a Commercial Lender, you will serve as a member of the Lending division responsible for development and management of a commercial loan portfolio. The position prospects for quality ...

Mortgage Lender

O Fallon, IL ยท On-site

$50K - $100K/yr

Mortgage Lender About the Role: We are seeking a motivated and detail-oriented professional to join our team as a Mortgage Lender at our O'Fallon or Shiloh branch (location will be determined based ...

Commercial Lender

Woodbridge, VA ยท On-site

$150K - $190K/yr

Description John Marshall Bank is looking for an experienced Commercial Lender in Woodbridge, VA. This person would be responsible for business development and a designated portfolio of loan and ...

About The Role As a Commercial Lender, you will serve as a member of the Lending division responsible for development and management of a commercial loan portfolio. The position prospects for quality ...

About The Role As a Commercial Lender, you will serve as a member of the Lending division responsible for development and management of a commercial loan portfolio. The position prospects for quality ...

Commercial Lender

Woodbridge, VA ยท On-site

$150K - $190K/yr

John Marshall Bank is looking for an experienced Commercial Lender in Woodbridge, VA. This person would be responsible for business development and a designated portfolio of loan and deposit ...

Commercial Lender

Rockville, MD ยท On-site

$150K - $190K/yr

Description John Marshall Bank is looking for an experienced Commercial Lender in Rockville, MD. This person would be responsible for business development and a designated portfolio of loan and ...

Commercial Lender

Inver Grove Heights, MN ยท On-site

$125K - $145K/yr

The Commercial Lender will be responsible for developing and managing a high-quality portfolio of commercial real estate relationships, including business development, credit structuring ...

Commercial Lender

Rockville, MD ยท On-site

$150K - $190K/yr

John Marshall Bank is looking for an experienced Commercial Lender in Rockville, MD. This person would be responsible for business development and a designated portfolio of loan and deposit ...

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Lender information

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$15

$21

$23

How much do lender jobs pay per hour?

As of Jul 4, 2026, the average hourly pay for lender in the United States is $21.38, according to ZipRecruiter salary data. Most workers in this role earn between $19.95 and $23.08 per hour, depending on experience, location, and employer.

How much does a loan officer make on a $500,000 loan?

A loan officer typically earns a commission or fee based on the loan amount, often around 1% to 2%, which would be $5,000 to $10,000 for a $500,000 loan. Compensation can also include a base salary plus bonuses, depending on the employer and experience. Skills in sales and knowledge of lending products influence earning potential.

What does a lender do?

A lender is an individual, financial institution, or entity that provides funds to borrowers with the expectation that the money will be repaid, typically with interest. Lenders evaluate the creditworthiness of borrowers, determine loan terms, and manage repayment schedules. They play a crucial role in personal, business, and real estate financing by offering various types of loans, such as mortgages, auto loans, and business loans. Ensuring responsible lending practices and managing risk are also key responsibilities of lenders.

What jobs pay 500,000 a year in the US?

Lenders, particularly senior mortgage or commercial lenders at large financial institutions, can earn $500,000 or more annually through base salary, commissions, and bonuses. High-level executive roles in finance, such as chief lending officers or investment bankers, also have the potential to reach this income level, often requiring extensive experience, strong networks, and advanced certifications. These roles typically involve complex financial analysis, client relationship management, and a deep understanding of the lending industry.

How to work as a lender?

To work as a lender, you typically need a high school diploma or equivalent, with many roles requiring a bachelor's degree in finance, economics, or a related field. Relevant skills include financial analysis, customer service, and knowledge of lending regulations; obtaining certifications like the Mortgage Loan Originator license can also be beneficial. Lenders often work in banks, credit unions, or mortgage companies, and may need to pass background checks and licensing exams depending on the type of lending.

What are the key skills and qualifications needed to thrive as a Lender, and why are they important?

To thrive as a Lender, you need strong financial analysis, risk assessment, and credit evaluation skills, typically supported by a degree in finance, business, or a related field. Familiarity with loan origination systems, credit scoring software, and regulatory compliance tools is essential. Excellent communication, negotiation, and customer service skills help build trust and foster lasting client relationships. These competencies ensure responsible lending practices, minimize risk, and contribute to organizational growth and client satisfaction.

What do lenders get paid?

Lenders typically earn income through interest charged on loans they provide, as well as fees such as origination, processing, or underwriting fees. Their compensation depends on the loan type, amount, and terms, and they may also earn from servicing loans or through commissions in some cases.

What is the difference between Lender vs Loan Officer?

AspectLenderLoan Officer
CredentialsMay require licensing, certifications, and financial backgroundTypically licensed, with knowledge of loan products and regulations
Work EnvironmentWorks for banks, credit unions, or mortgage companies, handling loan processing and approvalWorks directly with clients to gather information and recommend loan options
Employer & Industry UsageFinancial institutions, mortgage lendersMortgage brokers, banks, credit unions

While both Lenders and Loan Officers are involved in the mortgage process, Lenders primarily handle the approval and funding of loans within financial institutions. Loan Officers work directly with clients to assess their needs and guide them through the application process. Understanding these roles helps clarify the mortgage lending process and career paths in the industry.

How do Lenders typically collaborate with underwriters and other team members during the loan approval process?

Lenders work closely with underwriters, loan processors, and sometimes loan officers to ensure that each loan application is thoroughly reviewed and compliant with lending guidelines. Collaboration often involves gathering and verifying documentation, discussing risk factors, and addressing any concerns that arise during the review process. Effective communication and teamwork are essential, as Lenders often need to clarify applicant information and coordinate with various departments to deliver timely decisions to clients. This cooperative environment helps ensure that loans are processed efficiently and in accordance with regulations.
More about Lender jobs
What cities are hiring for Lender jobs? Cities with the most Lender job openings:
What are the most commonly searched types of Lender jobs? The most popular types of Lender jobs are:
What states have the most Lender jobs? States with the most job openings for Lender jobs include:
Infographic showing various Lender job openings in the United States as of June 2026, with employment types broken down into 99% Full Time, and 1% Part Time. Highlights an 84% Physical, 4% Hybrid, and 12% Remote job distribution, with an average salary of $44,470 per year, or $21.4 per hour.
Mortgage Lender

Mortgage Lender

Bank Of Springfield

O Fallon, IL โ€ข On-site

$50K - $100K/yr

Full-time

Posted 10 days ago


Job description

Mortgage Lender

About the Role:

We are seeking a motivated and detail-oriented professional to join our team as a Mortgage Lender at our Oโ€™Fallon or Shiloh branch (location will be determined based on the selected candidate). In this role, you will be responsible for originating residential mortgage loans, guiding borrowers through the home financing process, and building strong relationships with clients, realtors, and referral partners.

The ideal candidate will have a solid understanding of mortgage products, underwriting guidelines, and loan documentation, along with a commitment to delivering exceptional customer service while identifying opportunities to cross-sell bank products and services.

This position offers an excellent opportunity to contribute to the bankโ€™s lending growth while helping individuals and families achieve their homeownership goals.

Essential Duties and Responsibilities:

  • Originate residential mortgage loans, including conventional, FHA, VA, and other loan programs.
  • Guide applicants through the mortgage process from application to closing.
  • Analyze borrower financial information, including credit reports, income, and assets, to determine eligibility.
  • Ensure loan applications and documentation are accurate, complete, and compliant with regulations.
  • Maintain and develop relationships with clients, real estate agents, builders, and other referral sources.
  • Cross-sell bank products and services to meet customer needs and support bank growth.
  • Provide exceptional customer service while building long-term client relationships.
  • Stay current on mortgage lending regulations, guidelines, and market trends.
  • Perform other duties as assigned.

Qualifications:

  • Bachelorโ€™s Degree in Finance, Business, or a related field, or a minimum of 5 years of relevant experience in mortgage lending or banking.
  • Knowledge of residential mortgage products, underwriting guidelines, and loan documentation.
  • Strong understanding of credit analysis, income calculation, and debt-to-income ratios.
  • Excellent written and verbal communication skills.
  • Strong organizational skills and the ability to manage multiple loan files simultaneously.
  • Proven ability to build and maintain relationships with clients and referral partners.

Benefits May Include the Following:
Please visit our careers page to learn more about benefits offered at BOS:
https://www.bankwithbos.com/careers/

Salary Range:

The salary range for this position is $50,000.00 โ€“ $100,000.00, depending on experience and qualifications. In addition to base salary, compensation may include bonuses, commissions, benefits, and other incentives.