Loan Originator Jobs in Spearfish, SD
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.
Financial Services Representative I
- Deadwood, SD (19 miles from Spearfish, SD)
- 1 day ago
- Deadwood, SD (19 miles from Spearfish, SD)
- 1 day ago
If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our Deadwood, SD Main branch. Whats Important to You We know your...
- Lead, SD (14 miles from Spearfish, SD)
- 9 days ago
- Lead, SD (14 miles from Spearfish, SD)
- 9 days ago
and credit risk assessment skills CRE with larger revenue to middle market baby whale hunting ability Must have a proven track record in business development Knowledge of Bank regulations regarding lending...
and credit risk assessment skills CRE with larger revenue to middle market baby whale hunting ability Must have a proven track record in business development Knowledge of Bank regulations regarding lending...
Demographic Data for Spearfish, SD
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Salary for Loan Originator Jobs in Spearfish, SD
Highest Education Level
Loan Originators in Spearfish, SD 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
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- Private Banking
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Foreign Exchange
- 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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