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.

1-9 of 9 Jobs

Senior Loan Review Officer - Loan Review

  • Ann Arbor, MI
  • 8 days ago
  • Ann Arbor, MI
  • 8 days ago

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...

Mortgage Loan Officer

  • Ann Arbor, MI
  • 13 days ago
  • Ann Arbor, MI
  • 13 days ago

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....

Mortgage Loan Officer

  • 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...

Business Banking Loan Officer

  • Ann Arbor, MI
  • 90+ days ago
  • Ann Arbor, MI
  • 90+ days ago

Youll partner with Credit & Loan Processing on the approval, documentation, and booking processes....

Mortgage Loan Officer

  • 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 Work

Demographic Data for Ann Arbor, MI

Moving to Ann Arbor, MI? Find some basic demographic data about Ann Arbor, MI below.


Local
National
170,723
4,824
Medium/Lg

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.
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...
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...
Mortgage Loan Processor and Originator HELOC Mastery
Mortgage Loan Processor and Originator HELOC Mastery: "Unlocking the secrets of Home Equity Lines of Credit (HELOCs)" with our comprehensive and engaging course designed for loan originators and...

Title Synonyms

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Salary for Loan Originator Jobs in Ann Arbor, MI

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 Ann Arbor, MI offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.6%
Master's Degree
13.8%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.2%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Originators in Ann Arbor, MI
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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