Loan Originator Jobs in Connecticut
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.
Participate in joint calling efforts with branch personnel and commercial lenders. Communicate with internal/external customers throughout application and loan process....
Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....
Incumbent is responsible for providing support to loan originators by working directly with Borrowers with the primary objectives of 1) enabling the loan originators being supported to close more loans...
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....
A local Community bank is looking to add a Commercial Loan Administrator to the Commercial Lending Team....
A local Community bank is looking to add a Commercial Loan Administrator to the Commercial Lending Team....
Bachelor's degree a plus. 2-3 years of experience in a loan origination and/or sales and service environment. Comprehensive understanding of all consumer lending products....
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...
Expectations include: Manages new loan origination for consumer, residential and commercial loans....
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....
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....
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....
Ensure the customer understands the loan process from application through closing....
and/or commercial real estate lending experience in a bank setting....
Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....
Demographic Data for Connecticut
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Salary for Loan Originator Jobs in Connecticut
Highest Education Level
Loan Originators in Connecticut 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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