Loan Originator Jobs in Waterloo, ON
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.
- Kitchener, ON (4 miles from Waterloo, ON)
- 1 day ago
- Kitchener, ON (4 miles from Waterloo, ON)
- 1 day ago
Application Deadline: 03/30/2025 Address: 1270 Fischer Hallman Road Job Family Group: Retail Banking Sales & Service Join BMO imagine the possibilities....
- Guelph, ON (14 miles from Waterloo, ON)
- 3 days ago
- Guelph, ON (14 miles from Waterloo, ON)
- 3 days ago
lending industry, and economic trends Proactively obtain expert knowledge of TD mortgage lending products and sound knowledge of products Ensure customer problems are handled professionally, escalating...
Mobile Mortgage Specialist Assistant
- Fergus, ON (18 miles from Waterloo, ON)
- 3 days ago
- Fergus, ON (18 miles from Waterloo, ON)
- 3 days ago
The TD Mobile Mortgage Specialist (MMS) sales team is a national retail banking channel responsible for acquisition of new mortgage and home equity line of credit business....
Lending, Mortgage Process...
Basic knowledge of the Lending Process and supporting policies. Basic knowledge of loan and security documentation, including registration and renewal routine. Specialized knowledge....
Mortgage Specialist - Waterloo Tri-Cities & Guelph
- Guelph, ON (14 miles from Waterloo, ON)
- 90+ days ago
- Guelph, ON (14 miles from Waterloo, ON)
- 90+ days ago
Requisition ID: 211522 Join a purpose driven winning team, committed to results, in an inclusive and high-performing culture. Join us as we build a high-performing, purposed driven, winning sales...
Loan Originator Online Courses and Training Opportunities
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Salary for Loan Originator Jobs in Waterloo, ON
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Waterloo, ON 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
- Customer Relations
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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