Loan Originator Jobs in New Jersey
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.
- The Funding Group
- Parsippany, NJ
- 5 days ago
- The Funding Group
- Parsippany, NJ
- 5 days ago
Experience in mortgage collections, servicing and customer service. Familiar with loss mititgation process and mortgage documentation. Collaborate with internal teams to resolve borrower concerns...
At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we...
At OceanFirst Bank, each one of our employees plays an important role in fulfilling the mission and taking responsibility to execute daily tasks in alignment with our core values. Together we...
Financial Services Representative Fidelity Investments Yorketown, United States Posted 14 hours ago Permanent Competitive Financial Services Representative Fidelity Investments Yorketown, United...
Responsibilities include but are not limited to: Originate first and second mortgages. Prequalify customers based on credit criteria. Build relationships with external referral sources....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Clearly communicates the loan program terms and benefits available to the customer as well as the loan process....
(Required) Experience 1 or more years Residential mortgage lending experience....
Lending Teams, Special Asset Department, Deposit Operations, Auditors, etc....
Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....
Responsibilities Include: Develop and maintain relationships within the Long Island community, specifically with the real estate community. Meet or exceed sales goals by networking with centers of...
Required Skills & Experience - 5 years of commercial lending experience -Experience with syndications and agency loans - Hands on experience with either Loan IQ or ACBS (ACBS preferred) - Bachelor's...
Demographic Data for New Jersey
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Title Synonyms
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Salary for Loan Originator Jobs in New Jersey
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in New Jersey 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
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Multitasking
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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