Loan Originator Jobs in Michigan

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.

1-15 of 57 Jobs

Bilingual Loan Officer

  • Grand Rapids, MI
  • 1 hour ago
  • Grand Rapids, MI
  • 1 hour ago

Bilingual Loan Officer The Consumers Credit Union team is looking to hire a passionate Bilingual Loan Officer to join our team. As a Loan Officer, you will provide exceptional service to enhance...

Financial Services Representative - Farmington Hills, MI

  • Farmington Hills, MI
  • 22 hours ago
  • Farmington Hills, MI
  • 22 hours ago

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,...

Loan Administrator

  • Houghton, MI
  • 1 day ago
  • Houghton, MI
  • 1 day ago

Department: Financial Aid Administration Summary The Financial Aid Loan Administrator position requires an individual who is dynamic, student-oriented, and a critical thinker. This position is...

Mortgage Loan Officer - Military Veteran (Detroit, Michigan)

  • Detroit, MI
  • 2 days ago
  • Detroit, MI
  • 2 days ago

We have a long-standing tradition of supporting the veteran community as one of the nations top VA lenders AND a Military Friendly ( employer....

Mortgage Loan Officer (Detroit, Michigan)

  • Detroit, MI
  • 2 days ago
  • Detroit, MI
  • 2 days ago

The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. Were united by our culture a drive to find a...

NMLS Licensed Loan Officer (Detroit, Michigan)

  • Detroit, MI
  • 2 days ago
  • Detroit, MI
  • 2 days ago

The Rock Family of Companies is made up of nearly 100 separate businesses spanning fintech, sports, entertainment, real estate, startups and more. Were united by our culture a drive to find a...

Mortgage Loan Officer - Retail

  • Warren, MI
  • 4 days ago
  • Warren, MI
  • 4 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

Small Business Lending Consultant

  • Detroit, MI
  • 5 days ago
  • Detroit, MI
  • 5 days ago

Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....

Remote Work

Mortgage Loan Originator

  • Caledonia, MI
  • 5 days ago
  • Caledonia, MI
  • 5 days ago

Job Type Full-time Description Job Title: Mortgage Loan Originator FLSA: Exempt Function: Mortgage Lending Reports To: Mortgage Sales Manager Purpose: Increase mortgage loan portfolio by developing...

Loan Officer

  • Southfield, MI
  • 5 days ago
  • Southfield, MI
  • 5 days ago

Qualifications Experience in Loan Origination, Finance, and Underwriting Strong Customer Service and interpersonal skills Ability to work independently and as part of a team Excellent communication...

Mortgage Loan Officer

  • Monroe, MI
  • 6 days ago
  • Monroe, MI
  • 6 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

Mortgage Loan Officer-Retail Community

  • Southfield, MI
  • 6 days ago
  • Southfield, MI
  • 6 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

Consumer Loan Sales Specialist

  • Southfield, MI
  • 7 days ago
  • Southfield, MI
  • 7 days ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Assistant Mortgage Lending Manager I

  • Midland, MI
  • 7 days ago
  • Midland, MI
  • 7 days ago

location) Job Details Are you experienced in mortgage lending, processes, and compliance?...

Loan Officer

  • Kalamazoo, MI
  • 8 days ago
  • Kalamazoo, MI
  • 8 days ago

Loan Officer The Consumers Credit Union team is looking to hire a passionate Loan Officer to join our team. As a Loan Officer, you will provide exceptional service to enhance member relationships...

Demographic Data for Michigan

Moving to Michigan? Find some basic demographic data about Michigan below.


Local
National
10,077,306
222,152

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.
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...
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...
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 Michigan

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 Michigan offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.8%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.7%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Originators in Michigan
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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