Loan Originator Jobs in Maine
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.
Syndication Loan Specialist III (Middle Market Bought Loans)
- Lewiston, ME
- 1 hour ago
- Lewiston, ME
- 1 hour ago
Depth & Scope:** + Manages a loan pipeline from origination through to closing in accordance with Bank policies and procedures + Provides documentation and Bank policy and procedure guidance to all lending...
What We're Looking For: Experience: At least 2 years of experience in construction finance or residential/commercial mortgage lending, with a solid understanding of construction loan structures and...
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
In Member Direct lending you will be provided with leads and opportunities to assist Lake Michigan Credit Union Members....
Demonstrate understanding of mortgage and consumer lending processes and products, including end-customer usage and structure....
Knowledge of lending regulations, compliance and/or secondary market eligible loans is a plus but not required....
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team...
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...
at City National Bank in Augusta, Maine, United States Job Description COMMUNITY LENDING MORTGAGE BANKER WHAT IS THE OPPORTUNITY?...
Diploma Minimum 2 years residential loan originations or processing experience in a mortgage banking company. Minimum 2 years of experience with state and federal lending regulations (e.g....
Where applicable, utilize automated decision-making functions within the loan origination system to assess risk and decision loan requests....
Diploma Minimum of 2 years mortgage lending experience in sales and loan originations Minimum of 5 years of business development/direct sales experience required Minimum of 2 years private banking experience...
Moderate reaching, walking, sitting and standing required RELEVANT TECHNOLOGIES: Microsoft Office products: Word, Outlook, PowerPoint, and Excel LaserPro Lending Cloud Jack Henry External and internal...
FUNCTION: Working under the directives and goals set forth by the Regional Mortgage Development Manager, each MLO is responsible for the production of mortgage originations within assigned...
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Demographic Data for Maine
Moving to Maine? Find some basic demographic data about Maine below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Originator Jobs in Maine
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Maine 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
- 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
Other Career Titles
Here are some other career titles that require similar skills
Loan Originator Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »