Loan Originator Jobs in Alabama
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.
lending sales experience (minimum 2 years, 5 years preferred), working with FHA and conforming products Proficient computer skills including Encompass (LOS) and Velocify (CRM) Excellent interpersonal...
Maintain notes within the Loan Origination System to ensure complete exchange of information. Occasionally provide initial set up of the file....
Seasonal - Loan Specialist I - Collateral Servicing
- Birmingham, AL
- 1 day ago
- Birmingham, AL
- 1 day ago
will: Review and process UCCs received daily Image and file all incoming documents and files Process UCC continuations, amendments, and terminations as needed Track name changes on UCCs and notify lenders...
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 WorkAt OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...
Loan Officer III - Commercial Lending, Enterprise, AL
- Enterprise, AL
- 4 days ago
- Enterprise, AL
- 4 days ago
Position Requirements: 3-5 Years of Similar or Related Experience Bachelors Degree Preferred Banking or Finance or Loan Origination Experience Previous BankPlus Product, Services, and Systems Experience...
Must also meet one of the following 3 options: Actively funding more than 2 loans/month, or Xinnix Training completion for Loan Origination required, or Origination mentor assigned to new Loan Officer...
What The Role Is: Under general supervision, the mortgage loan officer is responsible for originating new mortgage loan business for the bank by working with Realtors, Builders, past clients, and...
minimum of higher education and/or work experience including 14 years commercial credit and/or lending experience....
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Sr. Financial Services Representative (Senior Teller)
- Tuscaloosa, AL
- 10 days ago
- Tuscaloosa, AL
- 10 days ago
At SmartBank, our benefits package is designed to enhance your life. You'll enjoy medical, dental, vision, life, and disability insurance, as well as a 401(k) plan with a 4% employer match. Our...
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...
Capital Markets Syndicated Loan Services Specialist
- Birmingham, AL
- 20 days ago
- Birmingham, AL
- 20 days ago
environment Ability to work in a fast-paced environment and be a team player Detail Oriented Excellent verbal and written communication skills Experience with Microsoft Excel Knowledge of the Specialty Lending...
The Assistant Manager supports all aspects of branch operations and is an opportunity to learn all aspects of managing, lending, personnel supervision and collections....
Demographic Data for Alabama
Moving to Alabama? Find some basic demographic data about Alabama below.
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Title Synonyms
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Salary for Loan Originator Jobs in Alabama
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Alabama offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Goal Oriented
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Fannie Mae
- Lending
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Jumbo Loans
- Federal Housing Administration
- Commercial Banking
- BSA
- Freddie Mac
- Commercial Lending
- VA Loans
- Private Banking
- Loan Processing
- OFAC
- Cross Selling
- Credit Underwriting
- Mortgage Processing
- Encompass
- Credit Analysis
- USDA
- Wealth Management
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- Retail
- High School Diploma
- Written Communication
- Verbal Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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