Loan Originator Jobs in Ann Arbor, MI
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.
ESSENTIAL DUTIES AND RESPONSIBILITIES: Thorough knowledge of commercial and consumer lending, banking laws and regulations, to effectively assist with the assessment of credit risk and the monitoring...
Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....
Entry Level Mortgage Loan Officer Training
- Novi, MI (21 miles from Ann Arbor, MI)
- 13 days ago
- Novi, MI (21 miles from Ann Arbor, MI)
- 13 days ago
origination process....
Mortgage Loan Officer - Ann Arbor, MI
- Saline, MI (8 miles from Ann Arbor, MI)
- 30+ days ago
- Saline, MI (8 miles from Ann Arbor, MI)
- 30+ days ago
Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....
- Brighton, MI (21 miles from Ann Arbor, MI)
- 45+ days ago
- Brighton, MI (21 miles from Ann Arbor, MI)
- 45+ days ago
Be You. Be Independent! Are you an experienced Mortgage Loan Officer, with proven networking and relationship-building skills, looking to take the next step in your career? If so, we need you! At...
Reverse Mortgage Originator Development Program
- Ann Arbor, MI
- 60+ days ago
- Ann Arbor, MI
- 60+ days ago
originators to apply....
Mortgage Consultant (Mortgage Loan Officer)
- Canton, MI (19 miles from Ann Arbor, MI)
- 60+ days ago
- Canton, MI (19 miles from Ann Arbor, MI)
- 60+ days ago
Founded by a small group of educators, Michigan Schools & Government Credit Union (MSGCU) has been providing quality financial services to the community for 70 years and welcomes everyone in...
Youll partner with Credit & Loan Processing on the approval, documentation, and booking processes....
- Brighton, MI (21 miles from Ann Arbor, MI)
- 90+ days ago
- Brighton, MI (21 miles from Ann Arbor, MI)
- 90+ days ago
Provides excellent customer service from approval through closing, working closely with loan origination sources to secure and verify all information required for underwriting....
Remote WorkDemographic Data for Ann Arbor, MI
Moving to Ann Arbor, MI? Find some basic demographic data about Ann Arbor, MI below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Originator Jobs in Ann Arbor, MI
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Ann Arbor, MI 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
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Credit Underwriting
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Goal Oriented
- Real Estate
- Referrals
- Sales Management
- Customer Satisfaction
- Collections
- Closing
- Finance
- Accounting
- Retail
- Business Development
- High School Diploma
- Customer Relations
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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