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.
Financial Services Representative (Overstaff)
- Thomasville, AL
- 23 hours ago
- Thomasville, AL
- 23 hours ago
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
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....
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Overview The purpose of this job is to manage and promote community lending products and activities throughout the Trustmark National Bank service area, with a focus on assisting borrowers in low to...
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkHelp Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkToday, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services...
Consumer Loan Specialist Reports To Branch Manager FLSA Status Non- Exempt Schedule: Full-time, 40 hours Monday through Friday. Saturday hours required seasonally and as business needs require....
Inputs application data into Loan Origination Software (LOS). Utilizes automated underwriting systems (AUS) to obtain credit recommendations....
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...
Today, as the nation's second largest non-bank retail mortgage lender, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services...
Experience: One year to three years of similar or related experience (Loan Officer or Loan Origination). Outside Sales or Customer Service oriented background in mortgage sales preferred....
Mortgage Loan Officer - Huntsville Area Full-Time
- Huntsville, AL
- 5 days ago
- Huntsville, AL
- 5 days ago
Experience: One year to three years of similar or related experience (Loan Officer or Loan Origination). Outside Sales or Customer Service oriented background in mortgage sales preferred....
processing....
Job Type Full-time Description Role To assist members and potential members with their consumer lending needs, to analyze loan requests, and to make credit decisions based on lending policy....
Demographic Data for Alabama
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Salary for Loan Originator Jobs in Alabama
Highest Education Level
Loan Originators in Alabama offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Goal Oriented
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- Credit Underwriting
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Collections
- Closing
- Customer Relations
- Accounting
- Retail
- High School Diploma
- Business Development
- Negotiation
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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