Loan Originator Jobs in Arlington Heights, IL

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.

1-15 of 69 Jobs

Loan Sales Specialist

  • Lombard, IL (16 miles from Arlington Heights, IL)
  • 17 hours ago
  • Lombard, IL (16 miles from Arlington Heights, IL)
  • 17 hours 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...

Financial Services Representative

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 3 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 3 days ago

Company Overview Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the...

Business Loan Broker, Chicago

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 3 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 3 days ago

Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....

Financial Services Representative - Schaumburg, IL

  • Schaumburg, IL (7 miles from Arlington Heights, IL)
  • 3 days ago
  • Schaumburg, IL (7 miles from Arlington Heights, IL)
  • 3 days ago

Financial Services Representative Have a passion for helping people? Join our team of Financial Services Representative where youll have dedicated time to focus on growth and career development,...

Loan Servicing Manager-CRE

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 4 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 4 days ago

at ASSOCIATED BANK NATIONAL ASSOC in Chicago, Illinois, United States Job Description At Associated Bank we strive to create an inclusive culture where different perspectives are valued and...

Small Business Lending Consultant

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 4 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 4 days ago

Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....

Remote Work

Sr. Associate Loan Consultant - Hybrid

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 4 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 4 days ago

Evaluate and identify the members financial needs and originating new accounts, taking applications for and originating loans as well as cross-selling lending ancillary products, processing financial...

Remote Work

Loan Officer - Lincoln Ave Branch (Chicago)

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 6 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 6 days ago

lending experience preferred Knowledge of lending regulations, credit analysis, and loan origination processes Demonstrate comprehensive knowledge of consumer lending products, services, and processes...

Sr AB Credit Officer-Asset Based Finance

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 7 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 7 days ago

Typical focus is syndicated and sole lender facilities ranging in size from $20 million to up to $5 billion....

Leasing Credit Officer I/II-Global Corporate Aircraft Finance

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 10 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 10 days ago

Management and monitoring responsibilities will cover an assigned book of lending/leasing relationships with exposures up to $100MM+ that are assigned risk ratings the equivalent of regulatory Pass,...

Consumer Loan Specialist

  • Gurnee, IL (18 miles from Arlington Heights, IL)
  • 10 days ago
  • Gurnee, IL (18 miles from Arlington Heights, IL)
  • 10 days ago

SUMMARY: Assist with all aspects of consumer loan processing in addition to general office management....

Senior Loan Administrator

  • McHenry, IL (22 miles from Arlington Heights, IL)
  • 10 days ago
  • McHenry, IL (22 miles from Arlington Heights, IL)
  • 10 days ago

Assists loan officers in gathering information for new loan requests and submits loan requests and supporting documentation to Central Loan Processing....

Leasing Credit Officer II-Healthcare, Education & Not-For-Profit Finance

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 11 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 11 days ago

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...

Loan Sales Specialist

  • Schaumburg, IL (7 miles from Arlington Heights, IL)
  • 12 days ago
  • Schaumburg, IL (7 miles from Arlington Heights, IL)
  • 12 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...

Principal Commercial Credit Officer- Corporate Ban

  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 14 days ago
  • Chicago, IL (21 miles from Arlington Heights, IL)
  • 14 days ago

Responsibilities Credit Review - Reviews requests for new loan originations. Ensures due diligence and background evaluation is complete before credit approval is granted....

Demographic Data for Arlington Heights, IL

Moving to Arlington Heights, IL? Find some basic demographic data about Arlington Heights, IL below.


Local
National
82,767
3,151
Medium/Lg

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 Arlington Heights, IL

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 Arlington Heights, IL 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 Arlington Heights, IL
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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