Loan Originator Jobs in Paramus, NJ
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.
- New York, NY (13 miles from Paramus, NJ)
- 3 hours ago
- New York, NY (13 miles from Paramus, NJ)
- 3 hours ago
Diploma * Minimum 2 years residential loan originations or processing experience in a mortgage banking company. * Minimum 2 years of experience with state and federal lending regulations (e.g....
- New York, NY (13 miles from Paramus, NJ)
- 3 hours ago
- New York, NY (13 miles from Paramus, NJ)
- 3 hours ago
Primary responsibilities include + Provide administrative support to the loan originator while providing world class customer service to internal and external customers. + Handle multiple tasks such...
Credit Officer - Securitization - Director
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
warehouse/lending facilities....
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
notification, and building deal in lending system....
Commercial & Industrial Loan Officer
- White Plains, NY (17 miles from Paramus, NJ)
- 1 day ago
- White Plains, NY (17 miles from Paramus, NJ)
- 1 day ago
General Summary: Develop, originate, manage and underwrite commercial & industrial loans & commercial real estate loans in excess of $1,000,000.00 which meets established lending requirements and provide...
Marketing & Investor Relations-Direct Lending- Associate
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
Stanley Direct Lending Fund (NYSE: MSDL)....
Credit Officer - Global Corporate & Investment Banking - General Industries
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
Corporate Banking, Investment Banking, Global Markets, and Treasury Exercises Delegated Approval Authority using sound judgment and expertise to make approval decisions for the business including new lending...
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
- New York, NY (13 miles from Paramus, NJ)
- 1 day ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and...
- Township of Washington, NJ (3 miles from Paramus, NJ)
- 1 day ago
- Township of Washington, NJ (3 miles from Paramus, NJ)
- 1 day ago
Responsibilities include but are not limited to: Originate first and second mortgages. Prequalify customers based on credit criteria. Build relationships with external referral sources....
Citi Commercial Bank - Commercial Lending Management Credit Officer, CLM Sponsor Credit Officer, VP
- New York, NY (13 miles from Paramus, NJ)
- 2 days ago
- New York, NY (13 miles from Paramus, NJ)
- 2 days ago
To facilitate the CCBs wholesale lending activities, Commercial Lending Management (CLM) serves as an in-business credit function organized around our strategic industries and global target market approach...
- Jackson Heights, NY (16 miles from Paramus, NJ)
- 2 days ago
- Jackson Heights, NY (16 miles from Paramus, NJ)
- 2 days ago
You will be responsible for proactively identifying, developing and maintaining a quality network of business relationships that serves as a source of referrals for new mortgage lending opportunities...
Leasing Credit Officer II/Leasing Credit Senior Officer - Asset Based Finance
- New York, NY (13 miles from Paramus, NJ)
- 2 days ago
- New York, NY (13 miles from Paramus, NJ)
- 2 days ago
and negotiate third party documentation Proven ability to identify trends and emerging risks in underwriting and client selection Proficient Microsoft Office skills Desired Qualifications: Municipal Lending...
Small Business Lending Consultant
- New York, NY (13 miles from Paramus, NJ)
- 2 days ago
- New York, NY (13 miles from Paramus, NJ)
- 2 days ago
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkAccount Executive (Mortgage Consultant) - Jamaica/Queens/Brooklyn, NY
- Brooklyn, NY (17 miles from Paramus, NJ)
- 3 days ago
- Brooklyn, NY (17 miles from Paramus, NJ)
- 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...
- Morristown, NJ (24 miles from Paramus, NJ)
- 3 days ago
- Morristown, NJ (24 miles from Paramus, NJ)
- 3 days ago
Job Requirement Loan Administrator transactions Syndicated Loan Lending Syndications Invoicing billing funds Treasury payments Loan Administrator transactions Syndicated Loan Lending Syndications Invoicing...
Demographic Data for Paramus, NJ
Moving to Paramus, NJ? Find some basic demographic data about Paramus, NJ 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 Paramus, NJ
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Paramus, NJ 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
- Tila Respa Integrated Disclosures
- Private Banking
- Loan Processing
- OFAC
- Credit Underwriting
- Mortgage Processing
- 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
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 »