Loan Originator Jobs in Lake Forest, 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 27 Jobs

Loan Sales Specialist

  • Melrose Park, IL (23 miles from Lake Forest, IL)
  • 1 day ago
  • Melrose Park, IL (23 miles from Lake Forest, IL)
  • 1 day ago

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for life's expenses. In this role, our team...

Loan Officer Associate

  • Schaumburg, IL (17 miles from Lake Forest, IL)
  • 3 days ago
  • Schaumburg, IL (17 miles from Lake Forest, IL)
  • 3 days ago

Maintain notes within the Loan Origination System to ensure complete exchange of information. Occasionally provide initial set up of the file....

Loan Originator - East Region

  • Highland Park, IL (4 miles from Lake Forest, IL)
  • 6 days ago
  • Highland Park, IL (4 miles from Lake Forest, IL)
  • 6 days ago

To complement the basic conventional, FHA, and VA loan programs, we are uniquely positioned to meet the needs of the continually evolving market....

Licensed Loan Officer

  • Schaumburg, IL (17 miles from Lake Forest, IL)
  • 8 days ago
  • Schaumburg, IL (17 miles from Lake Forest, IL)
  • 8 days ago

Licensed Loan Officer Are you a Loan Officer looking for an exciting opportunity to join a dynamic mortgage company? We are currently seeking a licensed Loan Officer to join our team and...

Loan Sales Specialist

  • Oak Park, IL (24 miles from Lake Forest, IL)
  • 9 days ago
  • Oak Park, IL (24 miles from Lake Forest, IL)
  • 9 days ago

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...

Consumer Loan Sales Specialist

  • Schaumburg, IL (17 miles from Lake Forest, IL)
  • 13 days ago
  • Schaumburg, IL (17 miles from Lake Forest, IL)
  • 13 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...

Senior Construction Loan Administrator - Commercial Mortgage Warehouse

  • Rosemont, IL (16 miles from Lake Forest, IL)
  • 16 days ago
  • Rosemont, IL (16 miles from Lake Forest, IL)
  • 16 days ago

Requires understanding of internal operation functions and commercial real estate lending. Experienced problem solver and in-person customer service....

Bilingual Consumer Loan Sales Specialist

  • Elmwood Park, IL (22 miles from Lake Forest, IL)
  • 18 days ago
  • Elmwood Park, IL (22 miles from Lake Forest, IL)
  • 18 days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Loan Originator - (South Region)

  • Bloomingdale, IL (23 miles from Lake Forest, IL)
  • 19 days ago
  • Bloomingdale, IL (23 miles from Lake Forest, IL)
  • 19 days ago

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

Senior Loan Originator

  • Elgin, IL (24 miles from Lake Forest, IL)
  • 19 days ago
  • Elgin, IL (24 miles from Lake Forest, IL)
  • 19 days ago

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

Loan Executive 1

  • Wilmette, IL (13 miles from Lake Forest, IL)
  • 20 days ago
  • Wilmette, IL (13 miles from Lake Forest, IL)
  • 20 days ago

Wintrust operates more than 200 retail banking locations through 16 community bank subsidiaries in the greater Chicago, southern Wisconsin, west Michigan, northwest Indiana, and southwest Florida market...

1099 Loan Officer Role Post Online Ads for Customers; High Commissions

  • Elk Grove Village, IL (16 miles from Lake Forest, IL)
  • 20 days ago
  • Elk Grove Village, IL (16 miles from Lake Forest, IL)
  • 20 days ago

Let's talk about your future in lending - no experience necessary! post id: ... [ ]...

Remote Work

Consumer Loan Specialist, Bilingual Spanish

  • Elgin, IL (24 miles from Lake Forest, IL)
  • 20 days ago
  • Elgin, IL (24 miles from Lake Forest, IL)
  • 20 days ago

The Consumer Loan Specialist assists both new and existing customers in the lending process. This position is a terrific opportunity to start your career and learn about consumer finance!...

Loan Executive 1

  • Northbrook, IL (8 miles from Lake Forest, IL)
  • 21 days ago
  • Northbrook, IL (8 miles from Lake Forest, IL)
  • 21 days ago

To be Chicagos Bank and Wisconsin's Bank, we need to reflect that diversity both in all the communities we serve, the people we employ, the organizations we work with, and our banking and lending practices...

Loan Officer, Retail Mortgage

  • Vernon Hills, IL (4 miles from Lake Forest, IL)
  • 23 days ago
  • Vernon Hills, IL (4 miles from Lake Forest, IL)
  • 23 days ago

Comply with all applicable policies, procedures and regulations related to mortgage loan origination....

Demographic Data for Lake Forest, IL

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


Local
National
21,026
934
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...
Start a Profitable Career as a Mortgage Loan Originator
One of the only online mortgage courses that actually teaches you how to go from completing a loan application to closing a loan and running DU in the process. Once you become licensed as a...

Title Synonyms

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Salary for Loan Originator Jobs in Lake Forest, 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 Lake Forest, IL offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Originators in Lake Forest, 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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