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.
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. * Minimum 2 years of experience with state and federal lending regulations (e.g....
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 Workanalytics.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....
Salary Confidential Position range in Sioux City, IA-NE-SD Metropolitan Statistical Area $18.63 - $22.91 Per hour Mortgage Loan Originator PRIMEBANK Occupation: Loan Interviewers and Clerks Location...
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...
Education and Experience: At least three years of lending experience Must earn a financial counselor certification from an outside organization such as CUNA FiCEP, AFCPE etc....
Familiarity with loan processing systems, document management platforms, and Office. Previous experience in mortgage....
If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our West Des Moines, IA branch. Whats Important to You We know your...
SUPERVISORY RESPONSIBILITIES: Provides direction on lending activities and documentation to the loan processor and other administrative employees as needed....
Manage client applications, lock interest rates, and ensure accurate and timely loan processing....
Oversees ag and/or commercial lending activities including loan origination, underwriting, and portfolio management....
Loan Processing and Closing Oversee the loan process from application through closing, ensuring all necessary documentation is complete and accurate....
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Salary for Loan Originator Jobs in Iowa
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
- Goal Oriented
- 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
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- Credit Underwriting
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Collections
- Closing
- Customer Relations
- Accounting
- Retail
- High School Diploma
- Business Development
- Negotiation
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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