Loan Originator Jobs in Kentucky
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.
SUMMARY: Assists Commercial Lender in activities related to the preparation and disbursement of commercial loans....
Minimum of two years residential mortgage lending experience. A four-year college degree is preferred....
In-put or upload application information into Loan Origination System, Encompass. Submit to Desktop Underwriter, Loan Prospector or other decision engine....
Job Description Responsible for the administration and coordination of all loan processing, loan servicing and/or default management functions as well as the corresponding operational functions....
Reviews new developments in commercial lending and changing government regulations, ensuring that the staff is kept informed. 2....
ESSENTIAL DUTIES AND RESPONSIBILITIES: Thorough knowledge of commercial and consumer lending, banking laws and regulations, to effectively assist with the assessment of credit risk and the monitoring...
Deliver Exceptional Service: Provide outstanding support to both new and existing customers, guiding them through the loan process with care and professionalism....
LOAN ADMINISTRATIVE ASSISTANT POSITION DESCRIPTION SUMMARY The position of Loan Administrative Assistant is responsible for providing administrative and secretarial support to their Supervisor and Lending...
Support Consumer Lending on departmental projects....
Financial Services Representative (Overstaff)
- Elizabethtown, KY
- 5 days ago
- Elizabethtown, KY
- 5 days ago
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Advises clients on the home buying or refinance process while assisting through the loan process from application to closing....
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...
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
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...
Experience in FHA, VA, and conventional lending is essential to function successfully in this position while knowledge of basic underwriting guidelines is preferred....
Demographic Data for Kentucky
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Salary for Loan Originator Jobs in Kentucky
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Kentucky 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
- Credit Underwriting
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- 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
- Referrals
- Sales Management
- 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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