Loan Originator Jobs in Chicago, 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.
Senior Loan Originator - 25733
- Glen Ellyn, IL (20 miles from Chicago, IL)
- 3 days ago
- Glen Ellyn, IL (20 miles from Chicago, IL)
- 3 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....
Loan Originator - (South Region) - 25737
- Schaumburg, IL (23 miles from Chicago, IL)
- 3 days ago
- Schaumburg, IL (23 miles from Chicago, IL)
- 3 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....
You will be proactively involved in originating conventional, FHA, VA and IDHA loans, working with your borrowers throughout the entire loan process....
Community Development Mortgage Loan Officer
- Evergreen Park, IL (12 miles from Chicago, IL)
- 4 days ago
- Evergreen Park, IL (12 miles from Chicago, IL)
- 4 days ago
Responsibilities Old National Bank has an opportunity for a Community Development Mortgage Loan Originator....
/19301/e5c01222-7b25-41c4-94d6-f37904388cb2.png&z=8&s=BNK&ih_t=5%2F12%2F2025+5%3A16%3A14+AM&utm_medium=internal%20referrer&utm_campaign=internal-ihire-resume-review&utm_content=ihire&utm_term=sf_serp_searchresults_position_5&dt=Desktop)
An agricultural lender has knowledge of the industry, the market area, and keeps up to date with rules and regulations....
Determine the appropriate risk rating for Borrowers according to current Lending Policy and regulatory guidance....
Responsibilities Credit Review - Reviews requests for new loan originations. Ensures due diligence and background evaluation is complete before credit approval is granted....
Mortgage Loan Originator LOCATION -- Evansville, Indiana 47712 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity...
The Loan Servicer will work with the lenders and portfolio managers to monitor and resolve exception tracking items related to the loan....
- Downers Grove, IL (20 miles from Chicago, IL)
- 11 days ago
- Downers Grove, IL (20 miles from Chicago, IL)
- 11 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...
Loan Originator - (North Region IL & WI)
- Arlington Heights, IL (21 miles from Chicago, IL)
- 11 days ago
- Arlington Heights, IL (21 miles from Chicago, 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....
Determine the appropriate risk rating for Borrowers according to current Lending Policy and regulatory guidance....
Commercial Loan Administrative Assistant
- Itasca, IL (18 miles from Chicago, IL)
- 13 days ago
- Itasca, IL (18 miles from Chicago, IL)
- 13 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...
Originating experience Ability to maintain flexible work schedule, including evening and weekend work Valid driver's license and dependable transportation NMLS License required, or willing to obtain...
Financial Services Representative II
- Worth, IL (16 miles from Chicago, IL)
- 16 days ago
- Worth, IL (16 miles from Chicago, IL)
- 16 days ago
Were building a relationship-oriented bank for the modern world. We need talented, passionate professionals who are dedicated to doing whats right for our clients. At CIBC, we embrace your...
Remote WorkDemographic Data for Chicago, IL
Moving to Chicago, IL? Find some basic demographic data about Chicago, IL below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Originator Jobs in Chicago, IL
Highest Education Level
Loan Originators in Chicago, IL offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Goal Oriented
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- VA Loans
- Private Banking
- OFAC
- Mortgage Processing
- Cross Selling
- Credit Analysis
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Customer Relations
- Accounting
- High School Diploma
- Retail
- Written Communication
- Verbal Communication
- Telephone Skills
- Negotiation
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Teamwork
- Microsoft Excel
- Microsoft Office
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Originator Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »