Loan Originator Jobs in Massachusetts
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.
throughout the loan process, and participates in business development events....
, and loan origination systems....
Sr Private Bank, Lending Specialist Business Banking
- Boston, MA
- 20 hours ago
- Boston, MA
- 20 hours ago
The senior lending specialist will have more access and authority in the loan origination system than more junior Lending Specialists....
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,...
origination system software.Ensuring that individual loans are risk rated correctly when reviewing loans for Officer's Loan Committee approval.Supervising the Bank's special assets area in curing weak...
in numerous aspects of the loan process....
Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....
origination system software.Ensuring that individual loans are risk-rated correctly when reviewing loans for Officer's Loan Committee approval.Supervising the Bank's special assets area in curing weak...
Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....
Originator exam - Preferred EXPERIENCE: Experienced and effective NACA Counselor – Preferred Mortgage processing experience – Preferred 3+ years underwriting mortgages - Preferred Education, such as...
Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....
Exposure in lending and banking operations, emphasizing commercial lending. Prior retail banking experience (platform) a plus. Prior experience using LaserPro/Argo/XPerience preferred....
Job Title: Loan Originator - Director, Hotel Franchise Finance Location: Atlanta What you'll do: As a Loan Originator you'll be responsible for executing the Bank's strategic plan and meeting the division's...
Portfolio includes various specialties, including large shared national credits, leveraged lending, ABL lending, Franchise lending, Security Alarm Lending, Solar lending and other....
Tech-Savvy and Process-Minded: Proficient in loan origination systems, CRM platforms, and digital tools....
Demographic Data for Massachusetts
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Title Synonyms
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Salary for Loan Originator Jobs in Massachusetts
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Massachusetts 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
- Lending
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Federal National Morgage Association
- Loan Documentation
- Credit Underwriting
- Commercial Banking
- Jumbo Loans
- BSA
- Loan Review
- Commercial Lending
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Fannie Mae
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- Cash Flow Analysis
- Underwriting
- Appraisal
- Goal Oriented
- Real Estate
- Referrals
- Sales Management
- Customer Satisfaction
- Collections
- Closing
- Finance
- Retail
- Accounting
- Business Development
- Customer Relations
- High School Diploma
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Policy Development
- Filing
- Regulations
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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