Loan Originator Jobs in Shakopee, 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 32 Jobs

Mortgage Loan Originator

  • New Prague, MN (14 miles from Shakopee, MN)
  • 7 hours ago
  • New Prague, MN (14 miles from Shakopee, MN)
  • 7 hours ago

Ability to 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...

SCS Loan Servicing Specialist

  • Minnetonka, MN (14 miles from Shakopee, MN)
  • 18 hours ago
  • Minnetonka, MN (14 miles from Shakopee, MN)
  • 18 hours ago

WHO ARE WE: Alerus is a commercial wealth bank and national retirement provider with one core purpose: helping clients achieve their financial goals. We are driven by a shared commitment to always...

Account Executive (Mortgage Consultant) - Minneapolis, MN

  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 3 days ago
  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 3 days ago

About Guidance Residential We are the largest and most respected Sharia-Compliant home financier in the United States. Our company has the most recognized brand worldwide, and has been endorsed by...

Community Mortgage Loan Officer - Brooklyn Park, MN

  • Brooklyn Park, MN (22 miles from Shakopee, MN)
  • 5 days ago
  • Brooklyn Park, MN (22 miles from Shakopee, MN)
  • 5 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

Loan Officer

  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 7 days ago
  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 7 days ago

What We're Looking For: Experience: At least 2 years of experience in construction finance or residential/commercial mortgage lending, with a solid understanding of construction loan structures and...

Loan Officer Associate

  • Plymouth, MN (18 miles from Shakopee, MN)
  • 7 days ago
  • Plymouth, MN (18 miles from Shakopee, MN)
  • 7 days ago

Maintain notes within the Loan Origination System to ensure complete exchange of information. Occasionally provide initial set up of the file....

Loan Originator - (Central Region - MN, IA, ND)

  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 9 days ago
  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 9 days ago

A credit report is obtained and analyzed by the Loan Originator. The Loan Originator is heavily involved with the client during the application and closing process....

Loan Originator - (Central Region - MN, IA, ND)

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

A credit report is obtained and analyzed by the Loan Originator. The Loan Originator is heavily involved with the client during the application and closing process....

Credit Officer, Digital Infrastructure

  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 10 days ago
  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 10 days ago

Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....

Loan Review Officer II - Commercial/CRE

  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 11 days ago
  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 11 days ago

Required 7-10 years Loan Review, Commercial Lending, Credit Administration or Regulatory Examination....

Private Mortgage Banker (SAFE)

  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 13 days ago
  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 13 days ago

About this role: Wells Fargo is seeking an CA-WA Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending....

Personal Loan Consultant

  • Mendota Heights, MN (21 miles from Shakopee, MN)
  • 15 days ago
  • Mendota Heights, MN (21 miles from Shakopee, MN)
  • 15 days ago

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

(Remote) Senior Real Estate Construction Loan Administrator

  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 15 days ago
  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 15 days ago

Forms a full understanding of project scope, requests, and any special needs for all closed loans through collaboration with lenders, commercial banking associates, and other stakeholders....

Remote Work

Financial Services Representative

  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 16 days ago
  • Minneapolis, MN (20 miles from Shakopee, MN)
  • 16 days ago

Serve as point of contact for advisors, clients, and relationship partners for service issues, requests, policies, procedures, and account information. Interact directly with clients and advisors...

Loan Originator NE

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

Under the direction of the Branch and/or Production Manager, markets and promotes PrimeLending products and services to its client base of realtors, builders, bank officers and potential and past...

Demographic Data for Shakopee, MN

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


Local
National
48,254
1,069
Medium

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...
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...

Title Synonyms

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Salary for Loan Originator Jobs in Shakopee, 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 Shakopee, MN offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
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 Shakopee, 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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