Loan Originator Jobs in Cedar Lake, IN

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.

1-12 of 12 Jobs

Loan Officer Associate

  • Cedar Lake, IN
  • 1 day ago
  • Cedar Lake, IN
  • 1 day ago

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

Mortgage Advisor

  • South Holland, IL (17 miles from Cedar Lake, IN)
  • 3 days ago
  • South Holland, IL (17 miles from Cedar Lake, IN)
  • 3 days ago

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,...

Financial Services Representative

  • Matteson, IL (16 miles from Cedar Lake, IN)
  • 3 days ago
  • Matteson, IL (16 miles from Cedar Lake, IN)
  • 3 days ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Mortgage Loan Officer - North Carolina

  • Glenwood, IL (13 miles from Cedar Lake, IN)
  • 9 days ago
  • Glenwood, IL (13 miles from Cedar Lake, IN)
  • 9 days ago

Requirements High School Diploma or GED One (1) year of mortgage lending experience with proven mortgage production Abundant mortgage experience in developing external business via referral partners...

Loan Originator - (South Region)

  • Frankfort, IL (20 miles from Cedar Lake, IN)
  • 19 days ago
  • Frankfort, IL (20 miles from Cedar Lake, IN)
  • 19 days ago

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

Senior Commercial Loan Officer

  • Chicago Heights, IL (11 miles from Cedar Lake, IN)
  • 21 days ago
  • Chicago Heights, IL (11 miles from Cedar Lake, IN)
  • 21 days ago

Required Qualifications: A minimum of 7 years’ experience in commercial lending, with demonstrated expertise in business development and portfolio management....

Senior Commercial Loan Officer

  • Tinley Park, IL (23 miles from Cedar Lake, IN)
  • 21 days ago
  • Tinley Park, IL (23 miles from Cedar Lake, IN)
  • 21 days ago

Required Qualifications: A minimum of 7 years’ experience in commercial lending, with demonstrated expertise in business development and portfolio management....

Senior Commercial Loan Officer

  • Lansing, IL (14 miles from Cedar Lake, IN)
  • 21 days ago
  • Lansing, IL (14 miles from Cedar Lake, IN)
  • 21 days ago

Required Qualifications: A minimum of 7 years’ experience in commercial lending, with demonstrated expertise in business development and portfolio management....

Loan Sales Specialist

  • Merrillville, IN (10 miles from Cedar Lake, IN)
  • 45+ days ago
  • Merrillville, IN (10 miles from Cedar Lake, IN)
  • 45+ 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...

Mortgage Loan Originator

  • Merrillville, IN (10 miles from Cedar Lake, IN)
  • 60+ days ago
  • Merrillville, IN (10 miles from Cedar Lake, IN)
  • 60+ days ago

Mortgage Loan Originator LOCATION -- Crown Point, Indiana 46307 Fifth Third Bank, National Association is proud to have an engaged and inclusive culture and to promote and ensure equal employment opportunity...

Mortgage Loan Officer

  • Merrillville, IN (10 miles from Cedar Lake, IN)
  • 90+ days ago
  • Merrillville, IN (10 miles from Cedar Lake, IN)
  • 90+ days ago

(Outside Loan Originators only). Interview loan applicants to document income, debt, credit history, employment, and general information....

Mortgage Lending Officer SAFE Act, Chicago (Hybrid)

  • Tinley Park, IL (23 miles from Cedar Lake, IN)
  • 90+ days ago
  • Tinley Park, IL (23 miles from Cedar Lake, IN)
  • 90+ days ago

Knowledge of the laws and regulations that govern consumer lending, including fair lending, privacy, and RESPA....

Demographic Data for Cedar Lake, IN

Moving to Cedar Lake, IN? Find some basic demographic data about Cedar Lake, IN below.


Local
National
17,028
227
Medium/Sm

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 Cedar Lake, IN

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 Cedar Lake, IN 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 Cedar Lake, IN
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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