Loan Originator Jobs in Colorado Springs, CO

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.

1-4 of 4 Jobs

Loan Officer - Colorado Springs, CO

  • Colorado Springs, CO
  • 7 days ago
  • Colorado Springs, CO
  • 7 days ago

As a Loan Officer, you manage borrowers complete loan transactions from start to finish, ensuring exemplary customer service throughout the process. Job duties will vary upon assignment but may...

Mortgage Loan Originator

  • Colorado Springs, CO
  • 30+ days ago
  • Colorado Springs, CO
  • 30+ days ago

We pride ourselves on the superior level of service that our status as a mortgage lender enables us to provide. Since 2001, we have been recognized as a top-choice residential lender in the St....

Mortgage Loan Officer - Greater Denver, CO

  • Colorado Springs, CO
  • 45+ days ago
  • Colorado Springs, CO
  • 45+ days ago

Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....

Loan Servicing Specialist I, II, or III

  • Colorado Springs, CO
  • 60+ days ago
  • Colorado Springs, CO
  • 60+ days ago

Assist with and act as a reference point to lending staff in their various loan process and system duties. Delivers quality of service as defined by department standards....

Demographic Data for Colorado Springs, CO

Moving to Colorado Springs, CO? Find some basic demographic data about Colorado Springs, CO below.


Local
National
609,563
16,366
Large

Loan Originator Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Originator and Biosimilar Biologics: For Patients and Healthcare Providers
The Originator and Biosimilar Biologics: For Patients and Health Care Providers Professional Certificate aims to provide health care professionals and patients with advanced knowledge and skills...
Foundations of Originator and Biosimilar Biologics: for Patients and Caregivers
Developed by leading researchers and clinicians from across Canada, this course will enhance knowledge and skills for patients who are using, or beginning to use, an originator or biosimilar...
Mortgage Loan Processor and Originator HELOC Mastery
Mortgage Loan Processor and Originator HELOC Mastery: "Unlocking the secrets of Home Equity Lines of Credit (HELOCs)" with our comprehensive and engaging course designed for loan originators and...

Title Synonyms

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Salary for Loan Originator Jobs in Colorado Springs, CO

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Originator positions.



Highest Education Level

Loan Originators in Colorado Springs, CO offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.8%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.7%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Originators in Colorado Springs, CO
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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