Loan Originator Jobs in Waltham, 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.

1-15 of 31 Jobs

Loan Servicing Specialist II

  • Ayer, MA (19 miles from Waltham, MA)
  • 8 hours ago
  • Ayer, MA (19 miles from Waltham, MA)
  • 8 hours ago

Reporting to the Assistant Manager of Loan Servicing, the LoanServicing Specialist II handles clerical and administrative tasks forCommercial, Residential, and Consumer loans in line with bank...

Leasing Credit Officer II

  • Boston, MA (10 miles from Waltham, MA)
  • 11 hours ago
  • Boston, MA (10 miles from Waltham, MA)
  • 11 hours 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. Responsible Growth is how we run our company and...

Credit Officer

  • Waltham, MA
  • 2 days ago
  • Waltham, MA
  • 2 days ago

Equal Housing Lender....

Loan Officer Assistant

  • Boston, MA (10 miles from Waltham, MA)
  • 3 days ago
  • Boston, MA (10 miles from Waltham, MA)
  • 3 days ago

Incumbent is responsible for providing support to loan originators by working directly with Borrowers with the primary objectives of 1) enabling the loan originators being supported to close more loans...

Credit Officer, Assistant Vice President Corporate

  • Boston, MA (10 miles from Waltham, MA)
  • 4 days ago
  • Boston, MA (10 miles from Waltham, MA)
  • 4 days ago

Qualifications 3-5 years financial services background (6+ overall relevant experience) Strong preference for experience in Leveraged Loan markets, transactions; may include commercial lending/bank...

Community Lending Mortgage Banker

  • Salem, MA (19 miles from Waltham, MA)
  • 10 days ago
  • Salem, MA (19 miles from Waltham, MA)
  • 10 days ago

Job Summary: COMMUNITY LENDING MORTGAGE BANKER WHAT IS THE OPPORTUNITY?...

Senior Commercial Loan Servicing Specialist

  • Waltham, MA
  • 10 days ago
  • Waltham, MA
  • 10 days ago

Equal Housing Lender....

Mortgage Loan Officer

  • Waltham, MA
  • 10 days ago
  • Waltham, MA
  • 10 days ago

Equal Housing Lender....

Senior Credit Officer

  • Waltham, MA
  • 10 days ago
  • Waltham, MA
  • 10 days ago

Equal Housing Lender....

Commercial Real Estate Loan Officer

  • Cambridge, MA (6 miles from Waltham, MA)
  • 10 days ago
  • Cambridge, MA (6 miles from Waltham, MA)
  • 10 days ago

Equal Housing Lender....

Leasing Credit Sr Officer/Leasing Credit Officer II-Large Corporates

  • Boston, MA (10 miles from Waltham, MA)
  • 11 days ago
  • Boston, MA (10 miles from Waltham, MA)
  • 11 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...

Mortgage Loan Originator - Inside Sales

  • Lowell, MA (17 miles from Waltham, MA)
  • 13 days ago
  • Lowell, MA (17 miles from Waltham, MA)
  • 13 days ago

Previous banking experience required with a focus on mortgage lending and credit review/underwriting Must be service-oriented with strong organizational skills and attention to detail Technically proficient...

AVP, Credit Officer

  • Brockton, MA (24 miles from Waltham, MA)
  • 14 days ago
  • Brockton, MA (24 miles from Waltham, MA)
  • 14 days ago

CAM must properly assess cash flow, capacity, collateral and all major risks associated with the Bank lending to these customers....

Private Bank, Lending Specialist, Business Banking (Boston, MA)

  • Boston, MA (10 miles from Waltham, MA)
  • 16 days ago
  • Boston, MA (10 miles from Waltham, MA)
  • 16 days ago

The senior lending specialist will have more access and authority in the loan origination system than more junior Lending Specialists....

CRA Loan Officer

  • Boston, MA (10 miles from Waltham, MA)
  • 16 days ago
  • Boston, MA (10 miles from Waltham, MA)
  • 16 days ago

We are currently hiring talented CRA Loan Officers who proactively identify, develop and maintain a quality network of business relationships that serves as a source of referrals for new mortgage lending...

Demographic Data for Waltham, MA

Moving to Waltham, MA? Find some basic demographic data about Waltham, MA below.


Local
National
65,147
2,557
Medium

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 Waltham, MA

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 Waltham, MA offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
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 Waltham, MA
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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