Loan Originator Jobs in Waltham, 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.

1-15 of 35 Jobs

Loan Officer Assistant

  • Boston, MA (10 miles from Waltham, MA)
  • moments ago
  • Boston, MA (10 miles from Waltham, MA)
  • moments 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....

Loan Officer Associate

  • Lowell, MA (17 miles from Waltham, MA)
  • 1 day ago
  • Lowell, MA (17 miles from Waltham, MA)
  • 1 day ago

Maintain notes within the Loan Origination System to ensure complete exchange of information. Occasionally provide initial set up of the file....

C&I Commercial Credit Officer

  • Boston, MA (10 miles from Waltham, MA)
  • 1 day ago
  • Boston, MA (10 miles from Waltham, MA)
  • 1 day ago

You will exercise lending authority and work closely with the Lending Team to ensure sound credit and lending decisions that align with the organizations risk management objectives....

Consumer Loan Specialist - Consumer Loans

  • Chelsea, MA (11 miles from Waltham, MA)
  • 2 days ago
  • Chelsea, MA (11 miles from Waltham, MA)
  • 2 days ago

lending process....

Financial Services Representative - Shrewsbury, MA

  • Shrewsbury, MA (24 miles from Waltham, MA)
  • 3 days ago
  • Shrewsbury, MA (24 miles from Waltham, MA)
  • 3 days ago

Financial Services Representative Have a passion for helping people? Join our team of Financial Services Representative where youll have dedicated time to focus on growth and career development,...

Loan Servicing Specialist II

  • Ayer, MA (19 miles from Waltham, MA)
  • 5 days ago
  • Ayer, MA (19 miles from Waltham, MA)
  • 5 days ago

Reporting to the Assistant Manager of Loan Servicing, the LoanServicing Specialist II handles clerical and administrative tasks forCommercial, Residential, and Consumer loans in line with bank...

Leasing Credit Officer II

  • Boston, MA (10 miles from Waltham, MA)
  • 5 days ago
  • Boston, MA (10 miles from Waltham, MA)
  • 5 days ago

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and...

Credit Officer

  • Waltham, MA
  • 7 days ago
  • Waltham, MA
  • 7 days ago

Equal Housing Lender....

Loan Officer Assistant

  • Boston, MA (10 miles from Waltham, MA)
  • 7 days ago
  • Boston, MA (10 miles from Waltham, MA)
  • 7 days ago

Incumbent is responsible for providing support to loan originators by working directly with Borrowers with the primary objectives of 1) enabling the loan originators being supported to close more loans...

Credit Officer, Assistant Vice President Corporate

  • Boston, MA (10 miles from Waltham, MA)
  • 9 days ago
  • Boston, MA (10 miles from Waltham, MA)
  • 9 days ago

Qualifications 3-5 years financial services background (6+ overall relevant experience) Strong preference for experience in Leveraged Loan markets, transactions; may include commercial lending/bank...

Community Lending Mortgage Banker

  • Salem, MA (19 miles from Waltham, MA)
  • 14 days ago
  • Salem, MA (19 miles from Waltham, MA)
  • 14 days ago

Job Summary: COMMUNITY LENDING MORTGAGE BANKER WHAT IS THE OPPORTUNITY?...

Senior Commercial Loan Servicing Specialist

  • Waltham, MA
  • 15 days ago
  • Waltham, MA
  • 15 days ago

Equal Housing Lender....

Mortgage Loan Officer

  • Waltham, MA
  • 15 days ago
  • Waltham, MA
  • 15 days ago

Equal Housing Lender....

Senior Credit Officer

  • Waltham, MA
  • 15 days ago
  • Waltham, MA
  • 15 days ago

Equal Housing Lender....

Commercial Real Estate Loan Officer

  • Cambridge, MA (6 miles from Waltham, MA)
  • 15 days ago
  • Cambridge, MA (6 miles from Waltham, MA)
  • 15 days ago

Equal Housing Lender....

Demographic Data for Waltham, MA

Moving to Waltham, MA? Find some basic demographic data about Waltham, MA below.


Local
National
65,147
2,557
Medium

Loan Originator Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Foundations of Originator and Biosimilar Biologics: for Patients and Caregivers
Developed by leading researchers and clinicians from across Canada, this course will enhance knowledge and skills for patients who are using, or beginning to use, an originator or biosimilar...
Originator and Biosimilar Biologics: For Patients and Healthcare Providers
The Originator and Biosimilar Biologics: For Patients and Health Care Providers Professional Certificate aims to provide health care professionals and patients with advanced knowledge and skills...
Start a Profitable Career as a Mortgage Loan Originator
One of the only online mortgage courses that actually teaches you how to go from completing a loan application to closing a loan and running DU in the process. Once you become licensed as a...

Title Synonyms

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Salary for Loan Originator Jobs in Waltham, MA

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Loan Originator positions.



Highest Education Level

Loan Originators in Waltham, MA offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Originators in Waltham, MA
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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