Loan Originator Jobs in Rhode Island
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.
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....
detail-oriented individual to assist our Commercial Real Estate Lending team based in Westerly, RI....
Mortgage Loan Originator - RI Rhode Island, USA Req #1158 Sunday, February 23, 2025 We are seeking experienced Mortgage Originators in MA, CT, and RI to join our lending team....
Leasing Credit Officer II/Leasing Credit Senior Officer - Global Corporate Aircraft Finance
- Providence, RI
- 17 days ago
- Providence, RI
- 17 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. Responsible Growth is how we run our company and...
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processing....
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...
Leasing Credit Sr Officer/Leasing Credit Officer II-Large Corporates
- Providence, RI
- 28 days ago
- Providence, RI
- 28 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...
Proficient Microsoft Office Suite (including Teams) experience required, experience with Empower (Loan Origination System) or similar Loan Origination System required....
Prior work experience in a business/commercial lending environment is required with knowledge of customary products, practices and policies....
Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....
Mutual of Omaha Mortgage is a full-service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing, specialty, and HECM loans...
Diploma Minimum of 2 years mortgage lending experience in sales and loan originations Minimum of 5 years of business development/direct sales experience required Minimum of 2 years private banking experience...
Overseeing the loan process by monitoring loan status and ensuring conformity with term....
Demographic Data for Rhode Island
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Salary for Loan Originator Jobs in Rhode Island
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Rhode Island 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
- Jumbo Loans
- Loan Documentation
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Loan Processing
- Private Banking
- OFAC
- Cross Selling
- Credit Underwriting
- Mortgage Processing
- Credit Analysis
- 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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