Loan Originator Jobs in Elkton, MD
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.
- Bear, DE (8 miles from Elkton, MD)
- 3 days ago
- Bear, DE (8 miles from Elkton, MD)
- 3 days ago
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...
Mortgage Loan Officer- New Castle County, DE - R-102852-2554
- New Castle, DE (14 miles from Elkton, MD)
- 6 days ago
- New Castle, DE (14 miles from Elkton, MD)
- 6 days ago
Ensure the customer understands the loan process from application through closing....
- Bear, DE (8 miles from Elkton, MD)
- 12 days ago
- Bear, DE (8 miles from Elkton, MD)
- 12 days ago
Position: Consumer Loan Specialist Company: Mariner Finance Location: On-site/in office Hours: full time - 40 hours per week Description Qualifications: 1+ years of experience in a sales position....
- Wilmington, DE (19 miles from Elkton, MD)
- 22 days ago
- Wilmington, DE (19 miles from Elkton, MD)
- 22 days ago
Position: Personal Loan Specialist Company: Mariner Finance Location: On-site/in office Hours: full time - 40 hours per week Description Qualifications: 1+ years of experience in a sales position....
Senior Commercial Real Estate Credit Officer
- Greenville, DE (18 miles from Elkton, MD)
- 30+ days ago
- Greenville, DE (18 miles from Elkton, MD)
- 30+ days ago
Responsible for the execution of the corporation's Commercial Real Estate lending policies, procedures as well as the overall quality of the lending portfolio throughout their assigned market....
- Greenville, DE (18 miles from Elkton, MD)
- 30+ days ago
- Greenville, DE (18 miles from Elkton, MD)
- 30+ days ago
Responsible for the execution of the corporation's lending policies, procedures as well as the overall quality of the lending portfolio throughout their assigned market....
Mortgage Loan Officer- New Castle County, DE
- New Castle, DE (14 miles from Elkton, MD)
- 30+ days ago
- New Castle, DE (14 miles from Elkton, MD)
- 30+ days ago
Ensure the customer understands the loan process from application through closing....
Loan Servicing Specialist - Accountant Basic (1-3 years)
- Newark, DE (8 miles from Elkton, MD)
- 45+ days ago
- Newark, DE (8 miles from Elkton, MD)
- 45+ days ago
Job Description: Wholesale Lending Services: Wholesale Lending Services (WLS) is part of the Client providing lending servicing support to multiple business units across the firm and around the world...
- Coatesville, PA (24 miles from Elkton, MD)
- 45+ days ago
- Coatesville, PA (24 miles from Elkton, MD)
- 45+ days ago
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
(Required) Experience 1 or more years recent Residential mortgage lending experience....
AVP Commercial Credit Officer II (Hybrid)
- Wilmington, DE (19 miles from Elkton, MD)
- 60+ days ago
- Wilmington, DE (19 miles from Elkton, MD)
- 60+ days ago
Overview Work Arrangement: After the initial training period, this is a hybrid role, working onsite in either our Morrisville, NC, Wilmington, DE or Norristown, PA offices.* Performs complex...
- Middletown, DE (14 miles from Elkton, MD)
- 90+ days ago
- Middletown, DE (14 miles from Elkton, MD)
- 90+ days ago
Ensure the customer understands the loan process from application through closing....
- Wilmington, DE (19 miles from Elkton, MD)
- 90+ days ago
- Wilmington, DE (19 miles from Elkton, MD)
- 90+ days ago
Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....
Demographic Data for Elkton, MD
Moving to Elkton, MD? Find some basic demographic data about Elkton, MD 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 Elkton, MD
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Elkton, MD offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- VA Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- Loan Processing
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Customer Satisfaction
- Closing
- Collections
- Finance
- Business Development
- Retail
- High School Diploma
- Customer Relations
- Negotiation
- Accounting
- Written Communication
- Documentation
- Employee Development
- Verbal Communication
- Telephone Skills
- Policy Development
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- 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 »