Loan Originator Jobs in Moline, 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.
Education and Experience: At least three years of lending experience Must earn a financial counselor certification from an outside organization such as CUNA FiCEP, AFCPE etc....
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Recruiting and hiring of loan originators and processing staff across the bank's footprint. Oversight of the margin and fee strategies on loans originated....
- De Witt, IA (24 miles from Moline, IL)
- 45+ days ago
- De Witt, IA (24 miles from Moline, IL)
- 45+ days ago
Experience with single-family mortgage, business, CRE, and consumer lending. Specialized formal credit training....
ESSENTIAL FUNCTIONS: Perform scheduled and unscheduled written reviews of credits, independent of the lending officer, for the purpose of determining the appropriateness of the assigned risk rating...
- Davenport, IA (5 miles from Moline, IL)
- 60+ days ago
- Davenport, IA (5 miles from Moline, IL)
- 60+ days ago
Ability to work independently Ability to analyze financial information Effective verbal and written communication skills Established referral base within assigned market preferred 2 years of mortgage loan...
Mortgage Loan Officer. 3 Month Guaranteed Bonus.
- Davenport, IA (5 miles from Moline, IL)
- 90+ days ago
- Davenport, IA (5 miles from Moline, IL)
- 90+ days ago
Previous consumer lending experience at Marine Credit Union preferred. Education and Experience: High School Diploma....
Remote WorkBilingual Mortgage Loan Officer
- Davenport, IA (5 miles from Moline, IL)
- 90+ days ago
- Davenport, IA (5 miles from Moline, IL)
- 90+ days ago
Previous consumer lending experience at Marine Credit Union preferred. Education and Experience: High School Diploma....
Remote WorkDemographic Data for Moline, IL
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Salary for Loan Originator Jobs in Moline, IL
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Moline, 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
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- Credit Underwriting
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Collections
- Closing
- Customer Relations
- Accounting
- Retail
- High School Diploma
- Business Development
- Negotiation
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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