Loan Originator Jobs in Milford, CT

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.

1-9 of 9 Jobs

Mortgage Operations Manager

  • Stratford, CT (4 miles from Milford, CT)
  • 2 days ago
  • Stratford, CT (4 miles from Milford, CT)
  • 2 days ago

Extensive knowledge of Fannie Mae, Freddie Mac, and FHA/VA loan programs and residential lending underwriting/processing/closing policies and procedures....

Commercial Loan Administrator

  • Waterbury, CT (24 miles from Milford, CT)
  • 3 days ago
  • Waterbury, CT (24 miles from Milford, CT)
  • 3 days ago

A local Community bank is looking to add a Commercial Loan Administrator to the Commercial Lending Team....

Loan Sales Specialist

  • Fairfield, CT (12 miles from Milford, CT)
  • 18 days ago
  • Fairfield, CT (12 miles from Milford, CT)
  • 18 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...

Mortgage Loan Originator

  • Bridgeport, CT (8 miles from Milford, CT)
  • 20 days ago
  • Bridgeport, CT (8 miles from Milford, CT)
  • 20 days ago

Job Skills / Knowledge: Minimum of ten years of mortgage loan origination experience preferred....

SBA Commercial Loan Officer

  • Shelton, CT (8 miles from Milford, CT)
  • 22 days ago
  • Shelton, CT (8 miles from Milford, CT)
  • 22 days ago

Experience with SBA or Commercial lending as either a lender or portfolio manager. Knowledge of SBA 7A and 504 and C&I commercial lending loan programs....

Commercial Loan Officer

  • Danbury, CT (24 miles from Milford, CT)
  • 30+ days ago
  • Danbury, CT (24 miles from Milford, CT)
  • 30+ days ago

This bank is in growth mode, especially in its commercial lending division! This individual will be working in a positive, team-oriented environment, contributing to the bank's ongoing success....

Mortgage Loan Officer Connecticut

  • Milford, CT
  • 30+ days ago
  • Milford, CT
  • 30+ days ago

Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....

AVP Credit Officer - Danbury

  • Danbury, CT (24 miles from Milford, CT)
  • 30+ days ago
  • Danbury, CT (24 miles from Milford, CT)
  • 30+ days ago

Attend credit and lending seminars in order to enhance knowledge and skills required to insure that credit quality is not compromised and risks are minimized....

Mortgage Loan Officer Bilingual/Spanish CT

  • Wallingford, CT (21 miles from Milford, CT)
  • 90+ days ago
  • Wallingford, CT (21 miles from Milford, CT)
  • 90+ days ago

Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....

Demographic Data for Milford, CT

Moving to Milford, CT? Find some basic demographic data about Milford, CT below.


Local
National
52,044
1,681
Medium

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...
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...
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 Milford, CT

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 Milford, CT offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
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 Milford, CT
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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