Loan Originator Jobs in Bloomington, MN

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 42 Jobs

Small Business Lending Consultant

  • Minneapolis, MN (10 miles from Bloomington, MN)
  • 1 day ago
  • Minneapolis, MN (10 miles from Bloomington, MN)
  • 1 day ago

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

Remote Work

Loan Servicing Specialist II

  • Saint Louis Park, MN (8 miles from Bloomington, MN)
  • 3 days ago
  • Saint Louis Park, MN (8 miles from Bloomington, MN)
  • 3 days ago

Resource for Lenders, Loan Administrators, clients, and outside agencies by performing a variety of customer service activities including responding to requests, researching discrepancies, and resolving...

Commercial Loan Officer

  • Edina, MN (5 miles from Bloomington, MN)
  • 3 days ago
  • Edina, MN (5 miles from Bloomington, MN)
  • 3 days ago

Collaborate with internal teams to optimize loan processing and customer experience. Stay current on market trends, competitor activity, and regulatory changes....

Commercial Construction Loan Administrator

  • Shoreview, MN (18 miles from Bloomington, MN)
  • 3 days ago
  • Shoreview, MN (18 miles from Bloomington, MN)
  • 3 days ago

preferred; or equivalent experience necessary.3-5 years of prior administration experience.MS Office suite and Outlook experience.Strong understanding of construction industry, specifically construction lending...

Loan Sales Specialist

  • Shakopee, MN (13 miles from Bloomington, MN)
  • 4 days ago
  • Shakopee, MN (13 miles from Bloomington, MN)
  • 4 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...

Senior Commercial Loan Servicing Specialist

  • Minneapolis, MN (10 miles from Bloomington, MN)
  • 5 days ago
  • Minneapolis, MN (10 miles from Bloomington, MN)
  • 5 days ago

About this role: Wells Fargo is seeking a Senior Commercial Loan Servicing Specialist in Commercial Lending Operations as part of the Transaction & Processing division....

Sr. Loan Officer

  • Bloomington, MN
  • 9 days ago
  • Bloomington, MN
  • 9 days ago

This position is for MILESTONE LENDING, one of the Family of Companies of Newrez LLC....

Loan Officer (100% Remote Work from the Comfort of Home!)

  • Hopkins, MN (11 miles from Bloomington, MN)
  • 11 days ago
  • Hopkins, MN (11 miles from Bloomington, MN)
  • 11 days ago

Candidate can live anywhere but must be licensed for Loan Processing in Florida, Alabama, Minnesota, or Texas!...

Remote Work

Loan Officer

  • Minneapolis, MN (10 miles from Bloomington, MN)
  • 11 days ago
  • Minneapolis, MN (10 miles from Bloomington, MN)
  • 11 days ago

What Youll Bring Proven Experience Background in mortgage lending, preferably as a Loan Officer or Originator....

Remote Work

Indirect Loan Officer - FT

  • Eden Prairie, MN (8 miles from Bloomington, MN)
  • 13 days ago
  • Eden Prairie, MN (8 miles from Bloomington, MN)
  • 13 days ago

Review dealer documentation and submit to a Dealer Finance Loan Processor for funding and tracking....

Mortgage Originator

  • Bloomington, MN
  • 20 days ago
  • Bloomington, MN
  • 20 days ago

Apply today and take the next step in your mortgage lending career! What We're Looking For Minimum of 2 years of mortgage lending or banking experience....

Mortgage Loan Originator - FT

  • Eden Prairie, MN (8 miles from Bloomington, MN)
  • 20 days ago
  • Eden Prairie, MN (8 miles from Bloomington, MN)
  • 20 days ago

ESSENTIAL FUNCTIONS Knowledgeable of and adheres to Mortgage Loan origination process including relevant laws and regulations....

Residential Loan Officer - Madison

  • Cottage Grove, MN (17 miles from Bloomington, MN)
  • 23 days ago
  • Cottage Grove, MN (17 miles from Bloomington, MN)
  • 23 days ago

Requirements Education Bachelor's Degree or equivalent combination of education and experience Required Experience 1-3 years Residential loan processing or origination with a financial institution or...

Mortgage Operations Manager

  • Hopkins, MN (11 miles from Bloomington, MN)
  • 23 days ago
  • Hopkins, MN (11 miles from Bloomington, MN)
  • 23 days ago

This position oversees credit risk and monitors credit performance and lending risk profiles relative to peer lenders, external Agency Investor requirements, and internal performance targets....

Mortgage Loan Originator

  • Saint Louis Park, MN (8 miles from Bloomington, MN)
  • 24 days ago
  • Saint Louis Park, MN (8 miles from Bloomington, MN)
  • 24 days ago

work independently - Ability to analyze financial information - Effective verbal and written communication skills - Established referral base within assigned market preferred -2 years of mortgage loan...

Demographic Data for Bloomington, MN

Moving to Bloomington, MN? Find some basic demographic data about Bloomington, MN below.


Local
National
5,707,031
151,942

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.
Start a Profitable Career as a Mortgage Loan Originator
One of the only online mortgage courses that actually teaches you how to go from completing a loan application to closing a loan and running DU in the process. Once you become licensed as a...
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...

Title Synonyms

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Salary for Loan Originator Jobs in Bloomington, MN

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 Bloomington, MN offer the following education background
Bachelor's Degree
38.1%
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 Bloomington, MN
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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