Loan Originator Jobs in Crystal Lake, 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 24 Jobs

Financial Services Representative - Schaumburg, IL

  • Schaumburg, IL (20 miles from Crystal Lake, IL)
  • 3 days ago
  • Schaumburg, IL (20 miles from Crystal Lake, 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 Originator - 25908

  • Genoa City, WI (18 miles from Crystal Lake, IL)
  • 7 days ago
  • Genoa City, WI (18 miles from Crystal Lake, IL)
  • 7 days ago

The Loan Originator is the primary contact for the loan applicant....

Consumer Loan Specialist

  • Gurnee, IL (19 miles from Crystal Lake, IL)
  • 10 days ago
  • Gurnee, IL (19 miles from Crystal Lake, IL)
  • 10 days ago

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

Senior Loan Administrator

  • McHenry, IL (5 miles from Crystal Lake, IL)
  • 10 days ago
  • McHenry, IL (5 miles from Crystal Lake, 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....

Loan Sales Specialist

  • Schaumburg, IL (20 miles from Crystal Lake, IL)
  • 12 days ago
  • Schaumburg, IL (20 miles from Crystal Lake, 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...

Loan Sales Specialist

  • Roselle, IL (23 miles from Crystal Lake, IL)
  • 12 days ago
  • Roselle, IL (23 miles from Crystal Lake, 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...

Consumer Loan Specialist

  • Schaumburg, IL (20 miles from Crystal Lake, IL)
  • 19 days ago
  • Schaumburg, IL (20 miles from Crystal Lake, IL)
  • 19 days ago

Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are...

Loan Originator - (South Region)

  • Schaumburg, IL (20 miles from Crystal Lake, IL)
  • 26 days ago
  • Schaumburg, IL (20 miles from Crystal Lake, IL)
  • 26 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....

Commercial Loan Officer

  • Elgin, IL (18 miles from Crystal Lake, IL)
  • 27 days ago
  • Elgin, IL (18 miles from Crystal Lake, IL)
  • 27 days ago

Lend where it matters. A well-established, growth-minded community bank is seeking a Commercial Loan Officer to join its team in St. Charles, Illinois....

Commercial Loan Officer

  • Schaumburg, IL (20 miles from Crystal Lake, IL)
  • 27 days ago
  • Schaumburg, IL (20 miles from Crystal Lake, IL)
  • 27 days ago

Lend where it matters. A well-established, growth-minded community bank is seeking a Commercial Loan Officer to join its team in St. Charles, Illinois....

Commercial Loan Officer

  • Saint Charles, IL (23 miles from Crystal Lake, IL)
  • 27 days ago
  • Saint Charles, IL (23 miles from Crystal Lake, IL)
  • 27 days ago

Lend where it matters. A well-established, growth-minded community bank is seeking a Commercial Loan Officer to join its team in St. Charles, Illinois....

Loan Originator - (South Region) - 25737

  • Schaumburg, IL (20 miles from Crystal Lake, IL)
  • 30+ days ago
  • Schaumburg, IL (20 miles from Crystal Lake, 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....

Residential Loan Officer - Elgin

  • Elgin, IL (18 miles from Crystal Lake, IL)
  • 30+ days ago
  • Elgin, IL (18 miles from Crystal Lake, IL)
  • 30+ days ago

Monitor the expedient processing of loan applications through regular contact with loan processors and conduct regular pipeline management....

Commercial Loan Officer III

  • St Charles, IL (23 miles from Crystal Lake, IL)
  • 30+ days ago
  • St Charles, IL (23 miles from Crystal Lake, IL)
  • 30+ days ago

Qualifications Education/Experience: Bachelors degree in Finance or Business Administration or the equivalent of specialized training in commercial and/or consumer lending and overall bank management...

Loan Administrator II

  • St Charles, IL (23 miles from Crystal Lake, IL)
  • 30+ days ago
  • St Charles, IL (23 miles from Crystal Lake, IL)
  • 30+ days ago

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

Demographic Data for Crystal Lake, IL

Moving to Crystal Lake, IL? Find some basic demographic data about Crystal Lake, IL below.


Local
National
59,191
1,975
Medium

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 Crystal Lake, 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 Crystal Lake, 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 Crystal Lake, 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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