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.
- Wayne, MI (23 miles from Ann Arbor, MI)
- 15 days ago
- Wayne, MI (23 miles from Ann Arbor, MI)
- 15 days ago
process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...
Mortgage Consultant (Mortgage Loan Officer)
- Canton, MI (19 miles from Ann Arbor, MI)
- 17 days ago
- Canton, MI (19 miles from Ann Arbor, MI)
- 17 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...
Howard Hanna Mortgage Services is looking to add an Experienced Mortgage Loan Originator in our Michigan region....
- Wayne, MI (23 miles from Ann Arbor, MI)
- 18 days ago
- Wayne, MI (23 miles from Ann Arbor, MI)
- 18 days ago
process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...
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....
Mortgage Loan Officer - Ann Arbor, MI
- Saline, MI (8 miles from Ann Arbor, MI)
- 60+ days ago
- Saline, MI (8 miles from Ann Arbor, MI)
- 60+ 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)
- 90+ days ago
- Brighton, MI (21 miles from Ann Arbor, MI)
- 90+ 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...
Demographic Data for Ann Arbor, MI
Moving to Ann Arbor, MI? Find some basic demographic data about Ann Arbor, MI below.
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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
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- VA Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- Loan Processing
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Customer Satisfaction
- Closing
- Collections
- Finance
- Business Development
- Retail
- High School Diploma
- Customer Relations
- Negotiation
- Accounting
- Written Communication
- Documentation
- Employee Development
- Verbal Communication
- Telephone Skills
- Policy Development
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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