Loan Originator Jobs in Davenport, IA
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.
process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...
- Moline, IL (5 miles from Davenport, IA)
- 15 days ago
- Moline, IL (5 miles from Davenport, IA)
- 15 days ago
Must be eligible to register with the Nationwide Mortgage Licensing System & Registry (NMLS) and must maintain registration with NMLS as a registered Mortgage Loan Originator (MLO)....
- Moline, IL (5 miles from Davenport, IA)
- 27 days ago
- Moline, IL (5 miles from Davenport, IA)
- 27 days ago
Familiarity with the loan processing and closing processes. Strong underwriting skills. For additional information on this opportunity contact Brenda Hoek directly at .......
Mortgage Loan Officer. 3 Month Guaranteed Bonus.
- Davenport, IA
- 30+ days ago
- Davenport, IA
- 30+ days ago
Previous consumer lending experience at Marine Credit Union preferred. Education and Experience: High School Diploma....
Remote WorkPrevious consumer lending experience at Marine Credit Union preferred. Education and Experience: High School Diploma....
Remote WorkAdvises clients on the home buying or refinance process while assisting through the loan process from application to closing....
Demographic Data for Davenport, IA
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Salary for Loan Originator Jobs in Davenport, IA
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Davenport, IA 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
- OFAC
- Cross Selling
- Credit Underwriting
- Mortgage Processing
- Wealth Management
- Loan Servicing
- Credit Analysis
- 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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