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.
Research and resolve servicing issues in support of lending units and customers within scope of authority and expertise....
Leads and/or participates in projects and special assignments as needed to achieve commercial lending goals....
May interact with clients, and occasionally with vendors and other outside lending institutions to obtain information and/or request documents....
Adheres to regulatory (federal and state) and corporate requirements for commercial lending, credit risk and operational risk....
Ensures lending compliance with all origination procedures including bank policies and procedures and regulatory requirements....
Senior Private Bank Lending Specialist, Business Banking
- Boston, MA
- 4 days ago
- Boston, MA
- 4 days ago
The senior lending specialist will have more access and authority in the loan origination system than more junior Lending Specialists....
Makes recommendations to customers regarding other bank products or to alternative lending vehicles, as needed.Negotiates terms and conditions of loans with mortgagors....
With the Regional Mortgage Development Manager, executes sales and marketing campaigns to increase deal flow and establish Bangor Savings Bank as The Preferred Lender within the assigned market....
SUMMARY OF THE JOB : Reporting to the Loan Originations Manager, the incumbent is responsible for the solicitation and origination of residential mortgages....
Able to register as a licensed Mortgage Loan Originator as required under the S.A.F.E. Act. A resident of one of the focus geographies is a plus....
Lending Consultant Location: Work from Anywhere (Remote Role....
Remote WorkDescription At Citizens, we work together to make a difference for companies that are building, supplying and serving industries and consumers across the country. As the Capital Markets Senior...
Education: Undergraduate degree in accounting, finance, economics, or related field Experience: 5-7+ years commercial lending/credit experience....
Beyond retail banking, we also offer wealth management, investment management, insurance and risk management, and benefit plan administration....
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...
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
- Reimbursement
- Retail Banking
- Federal National Morgage Association
- Mortgage Lending
- Consumer Lending
- Lending
- Loan Origination
- Loan Documentation
- Nationwide Mortgage Licensing System & Registry
- FHLMC
- Fannie Mae
- Jumbo Loans
- Loan Review
- Commercial Banking
- Freddie Mac
- BSA
- Commercial Lending
- Federal Housing Administration
- Loan Processing
- OFAC
- Credit Underwriting
- Cross Selling
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- USDA
- Financial Services
- Encompass
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Referrals
- Customer Satisfaction
- Closing
- Finance
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- High School Diploma
- Retail
- Negotiation
- Verbal Communication
- Telephone Skills
- Written Communication
- Documentation
- Interpersonal Skills
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Problem Solving
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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