Loan Originator Jobs in Illinois
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.
Customer Service - Loan Specialist - 088 Req #1778 330 E McCord St a, Centralia, IL 62801, USA Job Description Posted Wednesday, April 2, 2025 at 12:00 AM Hiring Immediately! For over 30 years,...
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...
Maintain notes within the Loan Origination System to ensure complete exchange of information. Occasionally provide initial set up of the file....
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...
Credit Officer - Global Corporate & Investment Banking - General Industries
- Chicago, IL
- 22 hours ago
- Chicago, IL
- 22 hours ago
Corporate Banking, Investment Banking, Global Markets, and Treasury Exercises Delegated Approval Authority using sound judgment and expertise to make approval decisions for the business including new lending...
Leasing Credit Officer II/Leasing Credit Senior Officer - Asset Based Finance
- Chicago, IL
- 1 day ago
- Chicago, IL
- 1 day ago
and negotiate third party documentation Proven ability to identify trends and emerging risks in underwriting and client selection Proficient Microsoft Office skills Desired Qualifications: Municipal Lending...
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...
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkHelp Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkHelp Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkMaintain notes within the Loan Origination System to ensure complete exchange of information. Occasionally provide initial set up of the file....
Partner Job ING Bank N.V. Mortgage Advisor Finance & Accounting Business Developer / Sales Development Representative Networking South Holland, Illinois Show interest About Het kopen van een huis,...
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Qualifications: 1+ years of experience in a sales position. High school diploma, bachelor’s degree preferred. Highly motivated individual with an interest in the consumer finance industry. Capable...
About Guidance Residential We are the largest and most respected Sharia-Compliant home financier in the United States. Our company has the most recognized brand worldwide, and has been endorsed by...
Demographic Data for Illinois
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Salary for Loan Originator Jobs in Illinois
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Illinois offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Goal Oriented
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Private Banking
- Loan Processing
- OFAC
- Credit Underwriting
- Mortgage Processing
- Encompass
- Credit Analysis
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Portfolio Management
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- High School Diploma
- Retail
- Written Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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