Loan Originator Jobs in South Dakota
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.
RESIDENTIAL LENDING LOAN OFFICER ASSOCIATE* WHAT IS THE OPPORTUNITY?...
process....
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...
Prior experience with commercial lending and/or agricultural lending is beneficial....
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If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our McIntosh, SD branch. What's Important to You We know your career...
Diploma * Minimum of 3 years mortgage lending experience * Minimum of 3 years business development/direct sales experience required. * Must be in good standing under "The Secure and Fair Enforcement...
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...
process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...
Collaborate with lending officers, credit analysts, and other departments to facilitate the loan origination and servicing processes. Other duties as assigned....
lending....
lending....
lending....
Understands and navigates within the loan origination system; ensuring full understanding of compliance and meet all requirements....
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 South Dakota
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Salary for Loan Originator Jobs in South Dakota
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in South Dakota 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
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- VA Loans
- Private Banking
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Customer Relations
- Accounting
- Listening
- High School Diploma
- 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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