Loan Originator Jobs in Davenport, IA
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.
VP, Residential Mortgage Manager
- Moline, IL (5 miles from Davenport, IA)
- 5 days ago
- Moline, IL (5 miles from Davenport, IA)
- 5 days ago
Recruiting and hiring of loan originators and processing staff across the bank's footprint. Oversight of the margin and fee strategies on loans originated....
- Moline, IL (5 miles from Davenport, IA)
- 9 days ago
- Moline, IL (5 miles from Davenport, IA)
- 9 days ago
Experience Required: High School Diploma, or equivalent Two or more years of proven successful experience in Financial Lending and/or call center with sales environment Results-driven with a focus on...
- De Witt, IA (22 miles from Davenport, IA)
- 9 days ago
- De Witt, IA (22 miles from Davenport, IA)
- 9 days ago
Experience with single-family mortgage, business, CRE, and consumer lending. Specialized formal credit training....
- Moline, IL (5 miles from Davenport, IA)
- 9 days ago
- Moline, IL (5 miles from Davenport, IA)
- 9 days ago
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...
- Moline, IL (5 miles from Davenport, IA)
- 18 days ago
- Moline, IL (5 miles from Davenport, IA)
- 18 days ago
Comprehend federal and state regulations governing credit union lending with emphasis on rules and regulations that apply to Consumer, Real Estate and Commercial lending....
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
- 60+ days ago
- Davenport, IA
- 60+ days ago
Previous consumer lending experience at Marine Credit Union preferred. Education and Experience: High School Diploma....
Remote WorkPrevious consumer lending experience at Marine Credit Union preferred. Education and Experience: High School Diploma....
Remote WorkDemographic Data for Davenport, IA
Moving to Davenport, IA? Find some basic demographic data about Davenport, IA below.
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Salary for Loan Originator Jobs in Davenport, IA
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Davenport, IA 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
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