Loan Originator Jobs in California
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.
Mortgage Lending Officer SAFE Act - B11- San Mateo
- San Mateo, CA
- 5 hours ago
- San Mateo, CA
- 5 hours ago
Knowledge of the laws and regulations that govern consumer lending, including fair lending, privacy, and RESPA....
lenders in the country, Pennymac has helped over 4 million lifetime homeowners achieve and sustain their aspirations of home....
Apply Loan Assistant/Loan Specialist (Agricultural) Department of Agriculture Farm Service Agency SERVICE CENTER 3C Apply Print Share Save Summary This job is open to Duties Requirements How you...
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...
If credit request does not fit within the bank's standard lending policy and procedures, refer to other bank departments....
A minimum of 12 months loan originator experience required. Interacts with regional & corporate departments, as well as realtors, sales agents, builders, appraisers, etc....
Monitors the credit portfolio through transaction review & approval to ensure compliance with the Bank's lending policies and procedures....
The Bank is a leading SBA lender in Santa Cruz County and Silicon Valley and a top USDA lender in the state of California....
Assists clients through the loan process from application to closing. Maintains minimum production standards including originations & fundings....
Remote Workprocess 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...
Minimum of three (3) years of experience in residential mortgage lending or financial services. Proven track record of successful mortgage loan origination and relationship building....
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...
Regulatory Knowledge & Compliance – Registered with the NMLS as a Mortgage Loan Officer, with an understanding of mortgage lending laws, Fannie Mae/Freddie Mac guidelines, and loan origination/automated...
Required Qualifications, Capabilities, and Skills: Minimum 7+ years of experience in commercial real estate lending, credit analysis, or loan workouts....
Required qualifications, capabilities, and skills: Minimum 2+ years of experience in commercial real estate lending or 3+ years in other banking/finance experience....
Demographic Data for California
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Salary for Loan Originator Jobs in California
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in California offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- VA Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- Loan Processing
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Customer Satisfaction
- Closing
- Collections
- Finance
- Business Development
- Retail
- High School Diploma
- Customer Relations
- Negotiation
- Accounting
- Written Communication
- Documentation
- Employee Development
- Verbal Communication
- Telephone Skills
- Policy Development
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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