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 50 Jobs

Financial Services Representative

  • Athens, AL
  • 1 day ago
  • Athens, AL
  • 1 day ago

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

Sr. Consumer Loan Specialist - Sales Customer Service

  • Center Point, AL
  • 2 days ago
  • Center Point, AL
  • 2 days ago

Assists potential borrowers by explaining the loan process, answering questions regarding loan products and loan processing....

Associate Loan Originator, NE, Montgomery, AL

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

originator....

Loan Sales Specialist

  • AL
  • 3 days ago
  • AL
  • 3 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 Sales Specialist

  • Thomasville, AL
  • 3 days ago
  • Thomasville, AL
  • 3 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 Sales Specialist

  • Jasper, AL
  • 3 days ago
  • Jasper, AL
  • 3 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...

Associate Loan Originator, NE, Montgomery, AL

  • Montgomery, AL
  • 3 days ago
  • Montgomery, AL
  • 3 days ago

May serve as a partner to the Lead/Primary Loan Originator. Acts as a liaison between the Lead/Primary and/or other team members, in-process customers and branch operations staff....

Ag Loan Officer

  • Enterprise, AL
  • 4 days ago
  • Enterprise, AL
  • 4 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...

Small Business Lending Consultant

  • Tuscaloosa, AL
  • 4 days ago
  • Tuscaloosa, AL
  • 4 days ago

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

Remote Work

Financial Services Representative (Bilingual)

  • Alabaster, AL
  • 7 days ago
  • Alabaster, AL
  • 7 days ago

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

Commercial Credit Officer I - R2521

  • Huntsville, AL
  • 7 days ago
  • Huntsville, AL
  • 7 days ago

Assess lending risk utilizing judgmental credit analysis, ensuring the protection of the Credit Union....

Mortgage Loan Officer (Consumer Direct)

  • Birmingham, AL
  • 8 days ago
  • Birmingham, AL
  • 8 days ago

Primary Responsibilities Completes mortgage applications for submission to the loan processing and underwriting departments Evaluates loan requests, analyzes financial data, and determines qualification...

Loan Officer

  • Spanish Fort, AL
  • 9 days ago
  • Spanish Fort, AL
  • 9 days ago

Requirements Four-year college degree (preferred) At least three years of Loan Originating experience Ability to maintain flexible work schedule, including evening and weekend work Valid driver's license...

Retail Mortgage Loan Originator

  • Tuscaloosa, AL
  • 9 days ago
  • Tuscaloosa, AL
  • 9 days ago

Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....

Mortgage Loan Assistant

  • Huntsville, AL
  • 10 days ago
  • Huntsville, AL
  • 10 days ago

Mortgage Loan Assistant FLSA Status: Non-Exempt Position Summary: The Mortgage Lending Assistant is responsible for areas of both closing and post-closing responsibilities to ensure that the mortgage...

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.
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...
Jumpstart your Mortgage Loan Originator Career
Have you ever wanted to start working at a mortgage company but didn't know where to start? Are you looking to start a career in the mortgage industry? This course prepares you to work for a...
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
20.6%
Master's Degree
13.8%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.2%
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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