Loan Originator Jobs in Aurora, 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.
- Crest Hill, IL (17 miles from Aurora, IL)
- 3 days ago
- Crest Hill, IL (17 miles from Aurora, IL)
- 3 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...
Licensed Financial Services Representative
- Plainfield, IL (15 miles from Aurora, IL)
- 4 days ago
- Plainfield, IL (15 miles from Aurora, IL)
- 4 days ago
Position Type: Regular Your opportunity At Schwab, youre empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo...
Financial Services Representative
- Plainfield, IL (15 miles from Aurora, IL)
- 4 days ago
- Plainfield, IL (15 miles from Aurora, IL)
- 4 days ago
Position Type: Regular Your opportunity At Schwab, youre empowered to make an impact on your career. Here, innovative thought meets creative problem solving, helping us challenge the status quo...
Loan Originator - (South Region)
- Schaumburg, IL (19 miles from Aurora, IL)
- 11 days ago
- Schaumburg, IL (19 miles from Aurora, IL)
- 11 days ago
The Loan Originator assists the borrower in determining the proper loan program, completing the loan application and gathering the required supporting documentation to begin the loan process....
Community Lending Officer - Irving Park Community Lending Officer - Irving Park
- Hanover Park, IL (14 miles from Aurora, IL)
- 15 days ago
- Hanover Park, IL (14 miles from Aurora, IL)
- 15 days ago
process from application to close....
Community Lending Officer - Hanover Park Community Lending Officer - Hanover Park
- Hanover Park, IL (14 miles from Aurora, IL)
- 15 days ago
- Hanover Park, IL (14 miles from Aurora, IL)
- 15 days ago
process from application to close....
- New Lenox, IL (24 miles from Aurora, IL)
- 17 days ago
- New Lenox, IL (24 miles from Aurora, IL)
- 17 days ago
An agricultural lender has knowledge of the industry, the market area, and keeps up to date with rules and regulations....
- Rolling Meadows, IL (23 miles from Aurora, IL)
- 17 days ago
- Rolling Meadows, IL (23 miles from Aurora, IL)
- 17 days ago
Attend and participate in all Consumer Lending meetings as required by management....
- Naperville, IL (6 miles from Aurora, IL)
- 19 days ago
- Naperville, IL (6 miles from Aurora, IL)
- 19 days ago
Mortgage Loan Originator Compensation for this position is largely incentive-based. Incentives are combined with either a base salary or a draw, resulting in total cash compensation....
Commercial Loan Administrative Assistant
- Itasca, IL (17 miles from Aurora, IL)
- 24 days ago
- Itasca, IL (17 miles from Aurora, IL)
- 24 days ago
at Itasca Bank & Trust Co in Itasca, Illinois, United States Job Description This job requires commercial loan banking experience. Itasca Bank & Trust Co. is an independently owned, local...
Mortgage Loan Officer - Chicago, IL
- Downers Grove, IL (12 miles from Aurora, IL)
- 30+ days ago
- Downers Grove, IL (12 miles from Aurora, IL)
- 30+ days ago
NOTE: This position is considered to be a Mortgage Loan Originator under the SAFE Act and Loan Originator under the Truth in Lending Act. Registration and additional qualifications required....
Remote WorkResidential Loan Officer - Elgin
- Elgin, IL (15 miles from Aurora, IL)
- 30+ days ago
- Elgin, IL (15 miles from Aurora, IL)
- 30+ days ago
Requirements Education Bachelor's Degree or equivalent combination of education and experience Required Experience 1-3 years Residential loan processing or origination with a financial institution or...
Loan Originator - (South Region) - 251125
- Schaumburg, IL (19 miles from Aurora, IL)
- 30+ days ago
- Schaumburg, IL (19 miles from Aurora, IL)
- 30+ days ago
The Loan Originator assists the borrower in determining the proper loan program, completing the loan application and gathering the required supporting documentation to begin the loan process....
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
- Downers Grove, IL (12 miles from Aurora, IL)
- 30+ days ago
- Downers Grove, IL (12 miles from Aurora, IL)
- 30+ 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...
Demographic Data for Aurora, IL
Moving to Aurora, IL? Find some basic demographic data about Aurora, IL below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Originator Jobs in Aurora, IL
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Aurora, IL 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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