Loan Originator Jobs in Merrillville, 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.
- Cedar Lake, IN (10 miles from Merrillville, IN)
- 1 day ago
- Cedar Lake, IN (10 miles from Merrillville, 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....
- South Holland, IL (16 miles from Merrillville, IN)
- 3 days ago
- South Holland, IL (16 miles from Merrillville, 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 (22 miles from Merrillville, IN)
- 3 days ago
- Matteson, IL (22 miles from Merrillville, 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 (15 miles from Merrillville, IN)
- 9 days ago
- Glenwood, IL (15 miles from Merrillville, 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...
Senior Commercial Loan Officer
- Chicago Heights, IL (14 miles from Merrillville, IN)
- 21 days ago
- Chicago Heights, IL (14 miles from Merrillville, 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 (13 miles from Merrillville, IN)
- 21 days ago
- Lansing, IL (13 miles from Merrillville, IN)
- 21 days ago
Required Qualifications: A minimum of 7 years’ experience in commercial lending, with demonstrated expertise in business development and portfolio management....
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 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...
(Outside Loan Originators only). Interview loan applicants to document income, debt, credit history, employment, and general information....
Demographic Data for Merrillville, IN
Moving to Merrillville, IN? Find some basic demographic data about Merrillville, IN below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Originator Jobs in Merrillville, IN
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Merrillville, IN 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
- Tila Respa Integrated Disclosures
- Private Banking
- Loan Processing
- OFAC
- Credit Underwriting
- Mortgage Processing
- 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
Other Career Titles
Here are some other career titles that require similar skills
Loan Originator Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »