Loan Originator Jobs in Iowa
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.
Community bank with multiple branch locations throughout the Iowa / Nebraska area, is seeking a relationship-driven Commercial Loan Officer to help serve the lending needs of local businesses and entrepreneurs...
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...
Collaborate with lending officers, credit analysts, and other departments to facilitate the loan origination and servicing processes. Other duties as assigned....
If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our Story City, IA branch. Whats Important to You We know your career...
COMMUNITY LENDING MORTGAGE BANKER* WHAT IS THE OPPORTUNITY?...
Reporting Relationship Vice President/Commercial Lending Supervisory Responsibilities This position is not responsible for the supervision of other employees....
Apply deep understanding of prudent loan structuring in reviewing existing lending commitments and proposing new lending commitments....
LOS Technology: You will monitor and accurately organize loan pipeline information, follow all Encompass Loan Origination System compliance regulations, maintain confidentiality measures, and adhere...
Loan Servicing Specialist/Project Coordinator Iowa Bankers Johnston, IA Job Details Full-time Estimated: $41.4K - $51.7K a year 1 day ago Qualifications Microsoft Excel Customer service Mid-level...
Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....
Diploma * Minimum 2 years residential loan originations or processing experience in a mortgage banking company. And * Minimum 2 years of experience with state and federal lending regulations (e.g....
analytics.Make recommendations for new loan products and services.Handle collections on delinquent loans; monitor the quality of existing loans.Will adhere to and remain current with bank policy, procedures, lending...
Ensure that sound analysis and lending procedures are followed. Act in compliance with Business Lending and Business Account Policies and Guidelines at all times....
lending guidelines; documents decision analysis and properly communicates with customer on next steps - Facilitates the closing process which includes scheduling with involved parties, communicating...
product to meet clients' goals, and submit a preliminary loan package for processing Achieve sales and referral goals Develop a positive client experience consistently Recommend loan solutions per lending...
Demographic Data for Iowa
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Title Synonyms
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Salary for Loan Originator Jobs in Iowa
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Iowa offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- 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
- 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
- Financial Analysis
- Goal Oriented
- Real Estate
- Sales Management
- Referrals
- Customer Satisfaction
- Collections
- Closing
- Finance
- Accounting
- Customer Relations
- Retail
- High School Diploma
- Business Development
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- 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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