Loan Originator Jobs in Alabama

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.

1-15 of 49 Jobs

Mortgage Loan Officer

  • Mobile, AL
  • 17 hours ago
  • Mobile, AL
  • 17 hours ago

Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....

Loan Sales Specialist

  • Gardendale, AL
  • 2 days ago
  • Gardendale, AL
  • 2 days ago

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...

Loan Acquisition Specialist

  • Selma, AL
  • 23 days ago
  • Selma, AL
  • 23 days ago

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...

Consumer Loan Sales Specialist

  • Auburn, AL
  • 2 days ago
  • Auburn, AL
  • 2 days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Residential Lending Loan Officer Senior

  • Montgomery, AL
  • 2 days ago
  • Montgomery, AL
  • 2 days ago

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...

Mortgage Loan Officer

  • Birmingham, AL
  • 2 days ago
  • Birmingham, AL
  • 2 days ago

Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....

Financial Services Representative

  • Oxford, AL
  • 3 days ago
  • Oxford, AL
  • 3 days ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Mortgage Loan Officer

  • Fairhope, AL
  • 5 days ago
  • Fairhope, AL
  • 5 days ago

standards; A thorough understanding and application of all policies, procedures and regulations pertaining to the work of a Retail Mortgage Loan Officer; Must demonstrate a thorough knowledge of key lending...

Mortgage Loan Originator

  • Hoover, AL
  • 5 days ago
  • Hoover, AL
  • 5 days ago

Horton, Inc. is currently looking for a Mortgage Loan Originator for their Financial Services Branch....

Loan Officer III

  • Enterprise, AL
  • 5 days ago
  • Enterprise, AL
  • 5 days ago

Prepares documents for loan processing including the loan worksheet, loan documentation sheet, and loan review sheet....

Senior Credit Officer

  • Birmingham, AL
  • 5 days ago
  • Birmingham, AL
  • 5 days ago

awareness Exhibits accountability for the quality and profitability (spread relative to risk) of the assigned business unit or segment Partners and consults with subject matter experts for leveraged lending...

Loan Administrative Assistant

  • Wedowee, AL
  • 5 days ago
  • Wedowee, AL
  • 5 days ago

Entire experience in a commercial/retail banking environment is preferred....

Small Business Lending Consultant

  • Montgomery, AL
  • 6 days ago
  • Montgomery, AL
  • 6 days ago

Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....

Remote Work

Small Business Lending Consultant

  • Birmingham, AL
  • 6 days ago
  • Birmingham, AL
  • 6 days ago

Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....

Remote Work

Ag Loan Officer

  • Enterprise, AL
  • 6 days ago
  • Enterprise, AL
  • 6 days ago

compliance - Stay current on industry trends and regulations - Meet loan production goals Position Skills: - Bachelor's degree in Finance, Business, or related field - 3+ years of experience in Ag lending...

Demographic Data for Alabama

Moving to Alabama? Find some basic demographic data about Alabama below.


Local
National
5,024,216
102,749

Loan Originator Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Originator and Biosimilar Biologics: For Patients and Healthcare Providers
The Originator and Biosimilar Biologics: For Patients and Health Care Providers Professional Certificate aims to provide health care professionals and patients with advanced knowledge and skills...
Foundations of Originator and Biosimilar Biologics: for Patients and Caregivers
Developed by leading researchers and clinicians from across Canada, this course will enhance knowledge and skills for patients who are using, or beginning to use, an originator or biosimilar...
Start a Profitable Career as a Mortgage Loan Originator
One of the only online mortgage courses that actually teaches you how to go from completing a loan application to closing a loan and running DU in the process. Once you become licensed as a...

Title Synonyms

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Salary for Loan Originator Jobs in Alabama

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Originator positions.



Highest Education Level

Loan Originators in Alabama offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.8%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Originators in Alabama
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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