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.
Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....
Minimum of one (1) year of experience working as a Loan Originator is required Must possess, or have the ability to possess upon hire, a Mortgage Loan Originator (MLO) license per the SAFE Act; may...
Remote Worklending industry Working knowledge of mortgage lending requirements, regulations and procedures for VA and conventional loan programs Working knowledge of mortgage/equity loan processing, closing and...
and/or commercial real estate lending experience in a bank setting....
Consults with lending or leasing staff and provides coaching on negotiation strategy, financing approaches, or other specific credit issues....
Ensure strong, working relationships with lending teams....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Demographic Data for Connecticut
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Salary for Loan Originator Jobs in Connecticut
Required or preferred licenses and certifications for Loan Originator positions.
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
- 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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