Loan Originator Jobs in Schaumburg, 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.
Asset & Wealth Management, Private Bank, Lending Associate - Chicago
- Chicago, IL (23 miles from Schaumburg, IL)
- 10 hours ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 10 hours ago
identify and implement marketing initiatives to drive lending growth opportunities with senior lending advisors and PWM coverage teams Join prospect and client meetings with senior lending advisors...
Loan Sales Specialist - Bilingual (Rogers Park)
- Chicago, IL (23 miles from Schaumburg, IL)
- 1 day ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 1 day 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...
- Chicago, IL (23 miles from Schaumburg, IL)
- 2 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 2 days ago
Responsibilities We are seeking a Mortgage Loan Originator with a strong sales orientation....
Loan Sales Specialist (Bilingual)
- Berwyn, IL (20 miles from Schaumburg, IL)
- 3 days ago
- Berwyn, IL (20 miles from Schaumburg, 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...
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Risk Management-Agency Multifamily Affordable Lead Credit Officer - Vice president
- Chicago, IL (23 miles from Schaumburg, IL)
- 3 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 3 days ago
originations....
Mortgage Lending Officer SAFE Act, Chicago (Hybrid)
- Bloomingdale, IL (5 miles from Schaumburg, IL)
- 3 days ago
- Bloomingdale, IL (5 miles from Schaumburg, IL)
- 3 days ago
loan originator with the Nationwide Mortgage Licensing System and Registry ("Registry") and obtain a unique identifier from the Registry before engaging in mortgage loan originator activities....
Commercial Real Estate Loan Originator
- Chicago, IL (23 miles from Schaumburg, IL)
- 3 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 3 days ago
Commercial Real Estate Loan Originator Job Details Level Experienced Job Location Chicago Metropolitan Area - Chicago, IL Secondary Job Location(s) Undisclosed Remote Type N/A Position Type Undisclosed...
Risk Management - Lead Credit Officer - Specialty Finance
- Chicago, IL (23 miles from Schaumburg, IL)
- 3 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 3 days ago
, Asset Based Lending (ABL) or Structured Finance experience including credit, structuring and marketing + Strong credit, documentation and transaction experience + Completion of a major corporate bank...
- South Elgin, IL (12 miles from Schaumburg, IL)
- 3 days ago
- South Elgin, IL (12 miles from Schaumburg, 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...
Maintain strict adherence to federal, state, and company regulations and guidelines throughout the loan origination process....
- Rosemont, IL (9 miles from Schaumburg, IL)
- 5 days ago
- Rosemont, IL (9 miles from Schaumburg, IL)
- 5 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....
- Wilmette, IL (18 miles from Schaumburg, IL)
- 6 days ago
- Wilmette, IL (18 miles from Schaumburg, IL)
- 6 days ago
As one of the largest premium finance companies in the country, FIRST Insurance Funding provides full premium finance services, plus additional services built specifically for agencies. We pride...
Sr. Mortgage Banker MF Great Lakes
- Chicago, IL (23 miles from Schaumburg, IL)
- 6 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 6 days ago
Minimum five years of experience in affordable multifamily real estate permanent lending with a proven track record of loan production....
- South Elgin, IL (12 miles from Schaumburg, IL)
- 6 days ago
- South Elgin, IL (12 miles from Schaumburg, IL)
- 6 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...
Commercial Real Estate Loan Officer
- Chicago, IL (23 miles from Schaumburg, IL)
- 7 days ago
- Chicago, IL (23 miles from Schaumburg, IL)
- 7 days ago
Responsible for notification of commercial loan applicant(s) of all requests, which do not conform to current lending guidelines....
Demographic Data for Schaumburg, IL
Moving to Schaumburg, IL? Find some basic demographic data about Schaumburg, IL below.
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Title Synonyms
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Salary for Loan Originator Jobs in Schaumburg, IL
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Schaumburg, 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
- Conventional Loans
- Commercial Lending
- Credit Underwriting
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Collections
- Closing
- Accounting
- Customer Relations
- Retail
- High School Diploma
- Business Development
- Written Communication
- Negotiation
- Telephone Skills
- Verbal Communication
- Documentation
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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