Loan Originator Jobs in Springfield, MA
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.
Business Loan Broker, Hartford
- Hartford, CT (22 miles from Springfield, MA)
- 2 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 2 days ago
Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....
Loan Officer Assistant - Enterprise
- Hartford, CT (22 miles from Springfield, MA)
- 4 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 4 days ago
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....
Internal Mortgage Banking Officer
- Hartford, CT (22 miles from Springfield, MA)
- 5 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 5 days ago
Bachelor's degree a plus. 2-3 years of experience in a loan origination and/or sales and service environment. Comprehensive understanding of all consumer lending products....
Commercial Loan Specialist, Main Office, Florence, MA
- Northampton, MA (15 miles from Springfield, MA)
- 8 days ago
- Northampton, MA (15 miles from Springfield, MA)
- 8 days ago
origination process; prepares all documents from the point of commitment to the closing of a loan....
- Hartford, CT (22 miles from Springfield, MA)
- 19 days ago
- Hartford, CT (22 miles from Springfield, MA)
- 19 days ago
Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....
Own the Loan Process - Oversee the loan application lifecycle, coordinating with underwriting, processing, and closing teams to ensure timely funding....
Residential & Consumer Mortgage Loan Originator
- Windsor, CT (17 miles from Springfield, MA)
- 30+ days ago
- Windsor, CT (17 miles from Springfield, MA)
- 30+ days ago
Proficiency in using mortgage lending software (preferably Encompass LOS) and related technology platforms....
Senior Credit Officer, Digital Infrastructure
- Enfield, CT (8 miles from Springfield, MA)
- 30+ days ago
- Enfield, CT (8 miles from Springfield, MA)
- 30+ days ago
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
Credit Officer, Digital Infrastructure
- Enfield, CT (8 miles from Springfield, MA)
- 45+ days ago
- Enfield, CT (8 miles from Springfield, MA)
- 45+ days ago
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
Demographic Data for Springfield, MA
Moving to Springfield, MA? Find some basic demographic data about Springfield, MA below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Originator Jobs in Springfield, MA
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Springfield, MA 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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