Loan Originator Jobs in Minnesota
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.
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...
origination and servicing. * Strong computer skills including MS Word and Excel are required. * Ability to work independently. * Strong communication, customer service and business development skills...
Basic Qualifications - Bachelor's degree, or equivalent work experience - One or more years of relevant experience Preferred Skills/Experience - Some knowledge of underwriting and loan origination functions...
The Indirect Lender will establish and cultivate relationships with the dealers to generate new business. This position will also do consumer loans for current and walk-in customers as needed....
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...
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkAt One Main, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team...
Account Executive (Mortgage Consultant) - Minneapolis, MN
- Minneapolis, MN
- 3 days ago
- Minneapolis, 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...
Together, we support nearly 82,000 producers and agribusinesses, meeting the needs of todays agricultural industry with our combined 2600+ employees providing lending, risk management, technology, commodity...
Community Mortgage Loan Officer - Brooklyn Park, MN
- Brooklyn Park, MN
- 4 days ago
- Brooklyn Park, MN
- 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 WorkWorking Title: Senior Loan Officer** **Job Class: Loan Officer Senior** **Agency: Minnesota Public Facilities Authority (MPFA)** + **Job ID** : 85600 + **Location** : St. Paul + **Telework...
Job Class: Loan Officer** **Agency: Minnesota Public Facilities Authority (MPFA)** + **Job ID** : 85610 + **Location** : St. Paul + **Telework Eligible** : Yes, may be eligible for some telework +...
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...
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
- 8 days ago
- Minneapolis, MN
- 8 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....
Demographic Data for Minnesota
Moving to Minnesota? Find some basic demographic data about Minnesota below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Originator Jobs in Minnesota
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Minnesota offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Goal Oriented
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Private Banking
- Loan Processing
- OFAC
- Credit Underwriting
- Mortgage Processing
- Encompass
- Credit Analysis
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Portfolio Management
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- High School Diploma
- Retail
- Written Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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