Loan Originator Jobs in Cottage Grove, 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.
Small Business Lending Consultant
- Minneapolis, MN (20 miles from Cottage Grove, MN)
- 1 day ago
- Minneapolis, MN (20 miles from Cottage Grove, MN)
- 1 day ago
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote Work- Saint Louis Park, MN (22 miles from Cottage Grove, MN)
- 3 days ago
- Saint Louis Park, MN (22 miles from Cottage Grove, 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...
- Edina, MN (20 miles from Cottage Grove, MN)
- 3 days ago
- Edina, MN (20 miles from Cottage Grove, 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 (21 miles from Cottage Grove, MN)
- 3 days ago
- Shoreview, MN (21 miles from Cottage Grove, 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...
Senior Commercial Loan Servicing Specialist
- Minneapolis, MN (20 miles from Cottage Grove, MN)
- 5 days ago
- Minneapolis, MN (20 miles from Cottage Grove, 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....
- Bloomington, MN (17 miles from Cottage Grove, MN)
- 9 days ago
- Bloomington, MN (17 miles from Cottage Grove, MN)
- 9 days ago
This position is for MILESTONE LENDING, one of the Family of Companies of Newrez LLC....
- River Falls, WI (16 miles from Cottage Grove, MN)
- 11 days ago
- River Falls, WI (16 miles from Cottage Grove, MN)
- 11 days ago
processing and closing processes Working knowledge of the Agricultural industry Ability to multi-task quickly and effectively Good communication skills Benefits Full Health, Dental, Vision 401(k) %...
- Minneapolis, MN (20 miles from Cottage Grove, MN)
- 11 days ago
- Minneapolis, MN (20 miles from Cottage Grove, MN)
- 11 days ago
What Youll Bring Proven Experience Background in mortgage lending, preferably as a Loan Officer or Originator....
Remote Work- Eden Prairie, MN (24 miles from Cottage Grove, MN)
- 13 days ago
- Eden Prairie, MN (24 miles from Cottage Grove, MN)
- 13 days ago
Review dealer documentation and submit to a Dealer Finance Loan Processor for funding and tracking....
- Bloomington, MN (17 miles from Cottage Grove, MN)
- 20 days ago
- Bloomington, MN (17 miles from Cottage Grove, 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....
- Eden Prairie, MN (24 miles from Cottage Grove, MN)
- 20 days ago
- Eden Prairie, MN (24 miles from Cottage Grove, MN)
- 20 days ago
ESSENTIAL FUNCTIONS Knowledgeable of and adheres to Mortgage Loan origination process including relevant laws and regulations....
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...
- Saint Louis Park, MN (22 miles from Cottage Grove, MN)
- 24 days ago
- Saint Louis Park, MN (22 miles from Cottage Grove, 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...
- Minneapolis, MN (17 miles from Cottage Grove, MN)
- 24 days ago
- Minneapolis, MN (17 miles from Cottage Grove, MN)
- 24 days ago
Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....
- Minneapolis, MN (19 miles from Cottage Grove, MN)
- 24 days ago
- Minneapolis, MN (19 miles from Cottage Grove, MN)
- 24 days ago
Mortgage Loan Originator A well respected banking organization in Minnesota is looking to add to their mortgage team....
Demographic Data for Cottage Grove, MN
Moving to Cottage Grove, MN? Find some basic demographic data about Cottage Grove, MN below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Originator Jobs in Cottage Grove, MN
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Cottage Grove, MN 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
Other Career Titles
Here are some other career titles that require similar skills
Loan Originator Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »