Loan Originator Jobs
A Loan Originator, also known as a mortgage loan officer, plays an essential role in the banking industry. Their primary role is to solicit new business and originate new loan applications for the bank or lending institution. They work with individuals or businesses seeking loans, clarify the different types of loans and terms the bank offers, and gather personal and financial data to complete loan applications. They also analyze and verify the loan applications to determine the borrower's creditworthiness and ability to repay the loan. They then forward the completed applications to the underwriting department for approval.
Loan originators must have excellent communication and customer service skills, as they are the first point of contact for customers seeking loans. They need strong analytical skills to accurately evaluate financial information and make informed decisions. Loan originators should also be familiar with industry regulations and lending programs. Some important certifications for a loan originator include Mortgage Loan Originator (MLO) license, which requires passing the National Mortgage Licensing System (NMLS) exam. Before becoming a loan originator, one might have roles such as a loan processor, a bank teller, or a sales representative in a financial institution.
Bilingual Financial Services Representative
- Albuquerque, NM
- 18 hours ago
- Albuquerque, NM
- 18 hours ago
Candidate must be fluent in English and Mandarin/Cantonese Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large...
Origination System, CRM, credit vendor system, and other required software and systems across the entire end-to-end mortgage process Communicate constantly with prospects, loan applicants, and 3rd...
Remote Work- The Funding Group
- Parsippany, NJ
- 4 days ago
- The Funding Group
- Parsippany, NJ
- 4 days ago
Experience in mortgage collections, servicing and customer service. Familiar with loss mititgation process and mortgage documentation. Collaborate with internal teams to resolve borrower concerns...
- Golden Bank, N.A.
- Houston, TX
- 13 days ago
- Golden Bank, N.A.
- Houston, TX
- 13 days ago
Process internal/external customer research transaction requests for all loan servicing transaction types, with the ability to communicate with the Lenders, Loan Operations Management and all other...
This position is ideal for someone who values frontline customer interaction and enjoys supporting lending operations....
The ideal candidate will have experience in the essential functions of the position, which include, assisting in the processing of loan originations and loan closings and to perform other lending related...
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkAn agricultural lender has knowledge of the industry, the market area, and keeps up to date with rules and regulations....
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkHelp Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkSr. Consumer Loan Specialist - Sales Customer Service
- West Allis, WI
- 1 hour ago
- West Allis, WI
- 1 hour ago
Assists potential borrowers by explaining the loan process, answering questions regarding loan products and loan processing....
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkHelp Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote Workprocess....
Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market...
Loan Originator Online Courses and Training Opportunities
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Salary for Loan Originator Jobs Nationwide
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Reimbursement
- Retail Banking
- Federal National Morgage Association
- Mortgage Lending
- Jumbo Loans
- Consumer Lending
- Loan Documentation
- Lending
- Loan Origination
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Fannie Mae
- Loan Review
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- Federal Housing Administration
- Loan Processing
- VA Loans
- OFAC
- Credit Underwriting
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- USDA
- Financial Services
- Encompass
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Referrals
- Customer Satisfaction
- Closing
- Finance
- Collections
- Business Development
- Listening
- Accounting
- Customer Relations
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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