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.

1-14 of 14 Jobs

Jr Commercial Loan Officer

  • Waterbury, CT (24 miles from Milford, CT)
  • 19 hours ago
  • Waterbury, CT (24 miles from Milford, CT)
  • 19 hours ago

Junior Loan Officer Junior Loan Officers work alongside established ag and commercial lenders to learn the industry, and market area, and learn the rules and regulations....

Jr Commercial Loan Officer

  • Danbury, CT (24 miles from Milford, CT)
  • 19 hours ago
  • Danbury, CT (24 miles from Milford, CT)
  • 19 hours ago

Junior Loan Officer Junior Loan Officers work alongside established ag and commercial lenders to learn the industry, and market area, and learn the rules and regulations....

C&I Senior Commercial Loan Officer

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

Participate in joint calling efforts with branch personnel and commercial lenders. Communicate with internal/external customers throughout application and loan process....

Commercial Loan Administrator

  • Norwalk, CT (21 miles from Milford, CT)
  • 4 days ago
  • Norwalk, CT (21 miles from Milford, CT)
  • 4 days ago

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

Commercial Loan Administrator

  • New Haven, CT (9 miles from Milford, CT)
  • 4 days ago
  • New Haven, CT (9 miles from Milford, CT)
  • 4 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)
  • 8 days ago
  • Fairfield, CT (12 miles from Milford, CT)
  • 8 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...

Commercial Loan Officer

  • Guilford, CT (20 miles from Milford, CT)
  • 18 days ago
  • Guilford, CT (20 miles from Milford, CT)
  • 18 days ago

and/or commercial real estate lending experience in a bank setting....

Community Lending Officer

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

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

VP Senior Commercial Loan Officer

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

Participate in joint calling efforts with branch personnel and commercial lenders. Communicate with internal/external customers throughout application and loan process....

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....

Financial Services Representative

  • South Setauket, NY (23 miles from Milford, CT)
  • 30+ days ago
  • South Setauket, NY (23 miles from Milford, CT)
  • 30+ days ago

Join Our Team For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Named one of...

Commercial Loan Administrator

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

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

Mortgage Loan Officer Connecticut

  • Milford, CT
  • 60+ days ago
  • Milford, CT
  • 60+ days ago

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

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...
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...

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
13.8%
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 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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