Loan Originator Jobs in Minnesota

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 61 Jobs

Small Business Lending Consultant

  • Minneapolis, MN
  • 10 hours ago
  • Minneapolis, MN
  • 10 hours ago

Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....

Remote Work

This position regularly facilitates data exchange with federal and private loan processors utilizing multiple databases and software programs....

Mortgage Consultant

  • Eden Prairie, MN
  • 1 day ago
  • Eden Prairie, MN
  • 1 day ago

Experience: At least 3 years of loan origination experience....

Management Analyst 1 - Loan Specialist (SA25043)

  • Mankato, MN
  • 1 day ago
  • Mankato, MN
  • 1 day ago

This position regularly facilitates data exchange with federal and private loan processors utilizing multiple databases and software programs....

Residential Loan Officer - Twin Cities East Metro

  • Woodbury, MN
  • 2 days ago
  • Woodbury, MN
  • 2 days ago

Monitor the expedient processing of loan applications through regular contact with loan processors and conduct regular pipeline management....

Consumer Loan Sales Specialist

  • Mendota Heights, MN
  • 3 days ago
  • Mendota Heights, MN
  • 3 days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Commercial/Agricultural Loan Officer

  • Waverly, MN
  • 5 days ago
  • Waverly, MN
  • 5 days ago

If you have a desire to work in a family-owned community bank where lending decisions are made locally, this is the opportunity for you....

Transportation Coder (Senior Financial Services Representative)

  • Saint Paul, MN
  • 6 days ago
  • Saint Paul, MN
  • 6 days ago

Responsibilities Job Description Fairview Health Services has an opportunity for a remote transportation coder! The Senior Patient Financial Services Representative will code the run from the...

Mortgage Loan Officer

  • Minneapolis, MN
  • 6 days ago
  • Minneapolis, MN
  • 6 days ago

Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....

Mortgage Loan Officer

  • Minneapolis, MN
  • 6 days ago
  • Minneapolis, MN
  • 6 days ago

Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....

Mortgage Loan Officer

  • Minneapolis, MN
  • 6 days ago
  • Minneapolis, MN
  • 6 days ago

Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....

Mortgage Loan Officer

  • Minneapolis, MN
  • 6 days ago
  • Minneapolis, MN
  • 6 days ago

Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....

Mortgage Loan Officer

  • Rochester, MN
  • 6 days ago
  • Rochester, MN
  • 6 days ago

Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....

Mortgage Loan Officer

  • Duluth, MN
  • 6 days ago
  • Duluth, MN
  • 6 days ago

Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....

Mortgage Loan Officer

  • Saint Paul, MN
  • 6 days ago
  • Saint Paul, MN
  • 6 days ago

Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....

Demographic Data for Minnesota

Moving to Minnesota? Find some basic demographic data about Minnesota below.


Local
National
5,707,031
151,942

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 Minnesota

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 Minnesota 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 Minnesota
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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