Loan Originator Jobs in Salem, MA
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.
Mortgage Loan Officer - Retail
- Boston, MA (13 miles from Salem, MA)
- 1 day ago
- Boston, MA (13 miles from Salem, MA)
- 1 day ago
Diploma * Minimum of 3 years mortgage lending experience * Minimum of 3 years business development/direct sales experience required. * Must be in good standing under "The Secure and Fair Enforcement...
Loan Servicing Specialist - South Shore
- Hingham, MA (23 miles from Salem, MA)
- 2 days ago
- Hingham, MA (23 miles from Salem, MA)
- 2 days ago
Collaborating effectively with Commercial Lending, Residential Lending, Retail Banking, Digital Banking, and Accounting groups to research and resolve loan-related issues....
Community Lending Officer - Chinatown
- Boston, MA (13 miles from Salem, MA)
- 2 days ago
- Boston, MA (13 miles from Salem, MA)
- 2 days ago
process from application to close....
Senior Credit Officer/Credit Officer Asset Based Finance
- Boston, MA (13 miles from Salem, MA)
- 2 days ago
- Boston, MA (13 miles from Salem, MA)
- 2 days ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
- Dedham, MA (23 miles from Salem, MA)
- 4 days ago
- Dedham, MA (23 miles from Salem, MA)
- 4 days ago
Knowledge of Encompass loan origination system would be preferred, but not necessary Strong working knowledge of Microsoft Word, Excel preferred....
- Cambridge, MA (14 miles from Salem, MA)
- 5 days ago
- Cambridge, MA (14 miles from Salem, MA)
- 5 days ago
smooth closing process- Maintain compliance with federal and state regulations**Requirements:**- Proven experience as a Mortgage Loan Officer or similar role- Strong knowledge of mortgage products and lending...
Senior Commercial Real Estate Loan Officer
- Waltham, MA (19 miles from Salem, MA)
- 6 days ago
- Waltham, MA (19 miles from Salem, MA)
- 6 days ago
Equal Housing Lender....
Mortgage Loan Originator -Braintree MA
- Braintree, MA (22 miles from Salem, MA)
- 8 days ago
- Braintree, MA (22 miles from Salem, MA)
- 8 days ago
Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....
- Boston, MA (13 miles from Salem, MA)
- 9 days ago
- Boston, MA (13 miles from Salem, MA)
- 9 days ago
lending opportunities....
This individual may accompany a senior lender on business development calls and participate as a member of a lending team. Loans are generally super-jumbo in size....
Reverse Mortgage Originator Development Program
- Boston, MA (13 miles from Salem, MA)
- 10 days ago
- Boston, MA (13 miles from Salem, MA)
- 10 days ago
originators to apply....
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....
Senior Residential Loan Servicer
- Cambridge, MA (14 miles from Salem, MA)
- 13 days ago
- Cambridge, MA (14 miles from Salem, MA)
- 13 days ago
Reviews loan notes for accuracy andcompliance with rate and general lending policy and guidelines....
- Lowell, MA (22 miles from Salem, MA)
- 13 days ago
- Lowell, MA (22 miles from Salem, MA)
- 13 days ago
Originating experience Ability to maintain flexible work schedule, including evening and weekend work Valid driver's license and dependable transportation NMLS License required, or willing to obtain...
- Boston, MA (13 miles from Salem, MA)
- 14 days ago
- Boston, MA (13 miles from Salem, MA)
- 14 days ago
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....
Demographic Data for Salem, MA
Moving to Salem, MA? Find some basic demographic data about Salem, MA below.
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Salary for Loan Originator Jobs in Salem, MA
Highest Education Level
Loan Originators in Salem, MA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Goal Oriented
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Fannie Mae
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- Private Banking
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Foreign Exchange
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Customer Relations
- High School Diploma
- Listening
- Retail
- Written Communication
- Verbal Communication
- Telephone Skills
- Negotiation
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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