Loan Originator Jobs in Modesto, CA
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.
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkTRUE 100% COMMISSION For Real Estate & DRE Loan Officers!
- Empire, CA (6 miles from Modesto, CA)
- 2 days ago
- Empire, CA (6 miles from Modesto, CA)
- 2 days ago
PACIFIC PROPERTY LOANS - IN HOUSE MORTAGE BROKEAGE Department of Real Estate Loan Officers Only Yes, FREE Individual Portal Access with over 100+ lenders!...
- Turlock, CA (15 miles from Modesto, CA)
- 10 days ago
- Turlock, CA (15 miles from Modesto, CA)
- 10 days ago
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...
/ present credits outside lending limits for approval to appropriate levels of authority, as required....
Actively seeking an experienced commercial lender to join a team of successful professionals who will collectively develop creative financing solutions to resolve complex and often unique issues for...
Proven track record of meeting or exceeding loan origination goals. Bilingual (Spanish/English) fluency is required....
Demographic Data for Modesto, CA
Moving to Modesto, CA? Find some basic demographic data about Modesto, CA below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Originator Jobs in Modesto, CA
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Modesto, CA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Goal Oriented
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Private Banking
- Loan Processing
- OFAC
- Credit Underwriting
- Mortgage Processing
- Credit Analysis
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Portfolio Management
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- High School Diploma
- Retail
- Written Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Originator Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »