Loan Originator Jobs in Pennington, 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.

1-15 of 24 Jobs

Loan Sales Specialist

  • New Brunswick, NJ (21 miles from Pennington, NJ)
  • 1 day ago
  • New Brunswick, NJ (21 miles from Pennington, NJ)
  • 1 day 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...

Financial Services Representative - FINAN002031-00001

  • Lawrence Township, NJ (5 miles from Pennington, NJ)
  • 3 days ago
  • Lawrence Township, NJ (5 miles from Pennington, NJ)
  • 3 days ago

Preferred Lending and sales experience would be helpful and preferred. Strong knowledge of credit union products, lending processes, and digital banking tools....

Loan Sales Specialist

  • North Brunswick, NJ (18 miles from Pennington, NJ)
  • 4 days ago
  • North Brunswick, NJ (18 miles from Pennington, NJ)
  • 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...

Home Loan Specialist II

  • Trenton, NJ (8 miles from Pennington, NJ)
  • 4 days ago
  • Trenton, NJ (8 miles from Pennington, NJ)
  • 4 days ago

Job Order Number: DE9943240 Job Title: Home Loan Specialist II Company: SolomonEdwards Location: Trenton, NJ Salary: Education: Less Than High School Experience: None Hours: Duration: Full Time,...

Personal Loan Specialist

  • Chalfont, PA (21 miles from Pennington, NJ)
  • 8 days ago
  • Chalfont, PA (21 miles from Pennington, NJ)
  • 8 days ago

Position: Personal Loan Specialist Company: Mariner Finance Location: On-site/in office Hours: full time - 40 hours per week Description Qualifications: 1+ years of experience in a sales position....

Consumer Loan Specialist

  • Bedminster, NJ (23 miles from Pennington, NJ)
  • 8 days ago
  • Bedminster, NJ (23 miles from Pennington, NJ)
  • 8 days ago

Stay up to date on Internal Compliance training Qualifications: Associate degree; High School diploma Five to seven years' experience in a financial institution mortgage lending or consumer lending...

Consumer Investments - Financial Services Representative Bank of America 3.2 ( ) Pennington, NJ Why you should apply for a job to Bank of America : Ranked as one of the 57% say women are treated...

Consumer Loan Specialist

  • Chalfont, PA (21 miles from Pennington, NJ)
  • 19 days ago
  • Chalfont, PA (21 miles from Pennington, NJ)
  • 19 days ago

Position: Consumer Loan Specialist Company: Mariner Finance Location: On-site/in office Hours: full time - 40 hours per week Description Qualifications: 1+ years of experience in a sales position....

Commercial Loan Specialist - Edison

  • Edison, NJ (24 miles from Pennington, NJ)
  • 25 days ago
  • Edison, NJ (24 miles from Pennington, NJ)
  • 25 days ago

Position Summary The Commercial Loan Specialist is a key support function to the commercial lending team....

Credit Officer

  • Hamilton, NJ (7 miles from Pennington, NJ)
  • 28 days ago
  • Hamilton, NJ (7 miles from Pennington, NJ)
  • 28 days ago

Approves loans within lending authority and recommends approval of loans over lending authority. Assists in Loan Workout process and account management....

Senior Commercial Real Estate Credit Officer

  • Bridgewater, NJ (20 miles from Pennington, NJ)
  • 30+ days ago
  • Bridgewater, NJ (20 miles from Pennington, NJ)
  • 30+ days ago

Responsible for the execution of the corporation's Commercial Real Estate lending policies, procedures as well as the overall quality of the lending portfolio throughout their assigned market....

Senior Credit Officer

  • Bridgewater, NJ (20 miles from Pennington, NJ)
  • 30+ days ago
  • Bridgewater, NJ (20 miles from Pennington, NJ)
  • 30+ days ago

Responsible for the execution of the corporation's lending policies, procedures as well as the overall quality of the lending portfolio throughout their assigned market....

Commercial Loan Services Specialist I 07/18/2025

  • Doylestown, PA (18 miles from Pennington, NJ)
  • 30+ days ago
  • Doylestown, PA (18 miles from Pennington, NJ)
  • 30+ days ago

Distributes documentation and other related information to Loan Processing for timely entry into the system....

Consumer Loan Administrator

  • Hamilton, NJ (7 miles from Pennington, NJ)
  • 30+ days ago
  • Hamilton, NJ (7 miles from Pennington, NJ)
  • 30+ days ago

Essential Duties & Responsibilities: Must work closely with the Consumer Lending team throughout the loan process to include, but not limited to completing application packages, obtaining required credit...

Commercial Loan Officer

  • Morrisville, PA (9 miles from Pennington, NJ)
  • 45+ days ago
  • Morrisville, PA (9 miles from Pennington, NJ)
  • 45+ days ago

Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....

Demographic Data for Pennington, NJ

Moving to Pennington, NJ? Find some basic demographic data about Pennington, NJ below.


Local
National
12,955
501
Medium/Sm

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 Pennington, NJ

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 Pennington, NJ 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 Pennington, NJ
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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