How To Write An Objective For A Loan Officer Resume

By Indeed Editorial Team

Published 4 June 2022

The Indeed Editorial Team comprises a diverse and talented team of writers, researchers and subject matter experts equipped with Indeed's data and insights to deliver useful tips to help guide your career journey.

A loan officer is the representative of a bank who assists individuals with the loan application process. Loan officers require extensive knowledge of banking industry regulations to serve customers effectively. If you are an aspiring loan officer, it might be useful to learn how to write an objective for a loan officer's resume to increase your chances of getting a job. In this article, we explore how to write an objective for a loan officer's resume with examples and template to help you create your own along with skills you can include to make it effective.

What is an objective for a loan officer resume?

An objective for a loan officer resume is a short, informative section summarising your skills and achievements as a loan officer. Within two or three sentences, the objective provides recruiting managers with relevant information to highlight your suitability for the job. A top resume objective can compel hiring managers to review the entire resume.

You can customise your resume objective based on the position you are applying for, type of company or stage of your career. While it is not mandatory to have a resume objective on loan officer resumes, the objective gives you the opportunity to distinguish yourself as a candidate and gain a competitive advantage. This makes it important to make the resume to concise and provide a clear understanding of why they can be efficient at performing requisite job responsibilities.

How to write an objective for a loan officer resume

Follow these five steps to write an effective objective for a loan officer resume:

1. Review the job description

The first step is to read the job posting carefully. Give attention to the specific qualities that the company would like to see in candidates. Make a note of any skills, certifications or credentials that you think can help you stand out in your application. Adding two or three of the relevant qualities to your resume objective can help potential employers consider your application and evaluate your candidature.

2. Search keywords

Keywords in a resume objective are words and phrases that relate to the position for which you are applying. The right keywords can help recruiters notice you easily. Some banks and financial institutions receive many applications for every open position. These companies use software systems to shortlist the most fitting candidates. Incorporating the right keywords in your resume objective can help to pass the software screening test and progress to the next stage of the application process.

Use the following strategies to look for specific phrases and keywords for your resume objective:

  • Explore similar job postings. Before you draft your resume objective, it might be useful to go through similar loan officer job postings at other companies. Make a note of the words these organisations have used in their job descriptions. Prepare a list of words that you find being used frequently.

  • Look for senior roles. Looking at job descriptions of loan officers in advanced roles is also an effective way to find the right keywords for your resume objective. See what kinds of skills, abilities and experiences have helped them progress in their career. If you possess all or any of these talents, it might be worthwhile to highlight that in your objective to advance your candidature.

  • Connect with other professionals. Other loan officers who have been in the banking industry for at least a few years can also help you with the process. Ask them what values and skills are most sought after in your field. They can provide valuable insights into what type of credentials recruiters look for in loan officers.

  • Attend professional events. Visiting professional events can expand your knowledge about your field. You can also connect with other professionals and also learn about job postings. Consider attending workshops, lectures and conventions to get an overview of how your industry functions and receive tips on preparing a top resume for loan application.

3. Identify your career goals

Having an idea about how you want to develop your career and where you see yourself in the next five or 10 years can also help you frame a clear objective. Consider making a list of your career goals and identifying how they relate to your job as a loan officer. Recruiters are interested in candidates who are not only qualified professionals but also share similar goals to the company.

Related: How To Answer The Interview Question: “What Are Your Career Goals?” (With Examples)

4. Include your experience level

Companies prefer candidates who possess the relevant experience to perform the duties of the position they are applying for successfully. Mentioning your experience level in the objective of a loan officer resume can indicate to recruiting managers of your expertise in the industry and the benefits the company may get by hiring you. This also adds value to your candidature.

5. Mention credentials

It is advantageous to mention credentials in your resume objective that are related to your application. While companies expect loan officers to have at least a bachelor's degree in business, economics or a related field, you can also refer to other credentials, including any certificates, diplomas or degrees that may impress employers. Including technical and soft skills relevant to your position can also prove helpful.

Skills to highlight in an objective for a loan officer resume

Here are some skills that employers value in loan officer resume objectives:

Interpersonal communication

A loan officer makes the loan approval process easier for customers. The first step is to ensure your customers are comfortable and satisfied while interacting with you. Settling all customer queries timely and offering to help them with doubts related to the loan application process is one of the key skills loan officers need.

To communicate effectively with clients, pay attention to their requirements. Listen intently and ask questions if necessary. It may also be useful to take notes for future reference. When you include interpersonal skills on your resume, it shows you are reachable on the phone or by email for queries from clients relating to loans or other information, making this skill essential for success.

Related: What Is Interpersonal Communication?

Analytical abilities

As a loan officer, you can require evaluating the borrower's financial position and creditworthiness. Analyse their credit history and prepare a thorough credit report with an underwriter to determine whether the customer is eligible for a loan. An understanding of financial markets and how they operate also comes in handy.

Knowledge of computers

Besides filling documents and evaluating paperwork, loan officers also work on banking and financial software. They use tools to manage documents, track applications and execute the loan approval process effectively. This simplifies the loan process and makes it easier to monitor every stage of the process. This makes employers value candidates who are proficient in using computers and are comfortable handling different software and other digital tools.

Related: Computer Skills: Definition And Example


Persuasion skills are one of the most critical skills for loan officers. They can bring more business to the bank by persuading customers to borrow loans from their institution. You can persuade customers well through effective communication that prompts customers to reflect on what you are saying and selling your institution's products effectively.

Service orientation

Borrowers expect a simpler and hassle-free loan application process. As a loan officer, you may require assisting them through the entire process convenient and hassle-free. Take calls timely, respond to emails professionally and offer to settle any queries that customers may have. Satisfied customers may refer your institution to more potential borrowers and subsequently generate more business.

Template of a resume objective for a loan officer

Here is a sample template you can refer to while drafting your resume objective:

[Two or three adjectives] professional with [years of experience, skills, relevant degree or diploma] looking for [the position for which you are applying] at [name of the company].

Examples of loan officer resume objectives

Consider the following examples of a loan officer's resume objectives while writing your own:


Fast-learning economics graduate seeking the role of a loan officer. I am looking to launch my career at Finance Multiply Mortgage and learn from senior peers in the banking industry. My goal is to use my familiarity with banking policies to help customers navigate easily through the loan application process and be an impetus for the company's revenue growth.

Mid to senior level

A performance-driven loan officer with over nine years of experience looking to advance into a similar role at Finance Faster Inc. I have vast knowledge in underwriting and closing commercial and mortgage loans. I am looking to bring my skills in selling and marketing mortgage and loan products to drive company growth.

Career progress

A junior loan officer with a degree in economics seeking a senior role at GHL Corporation. Interested to utilise my five years of learning for career growth and advancement. I recently completed a diploma in accounting and I am looking to use my learning to help clients acquire loans easily.

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