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 25 Jobs

Business Loan Broker, Trenton

  • Trenton, NJ (8 miles from Pennington, NJ)
  • 1 day ago
  • Trenton, NJ (8 miles from Pennington, NJ)
  • 1 day ago

Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....

Mortgage Loan Officer

  • Monroe Township, NJ (19 miles from Pennington, NJ)
  • 2 days ago
  • Monroe Township, NJ (19 miles from Pennington, NJ)
  • 2 days ago

Ensures loan originations are in accordance with regulatory compliance. Ensures documentation is completed in accordance with regulatory compliance....

Loan Officer Assistant - Enterprise

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

Consumer Investments - Financial Services Representative

  • Pennington, NJ
  • 3 days ago
  • Pennington, NJ
  • 3 days 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...

CRA Loan Officer

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

We are currently hiring talented CRA Loan Officers who proactively identify, develop and maintain a quality network of business relationships that serves as a source of referrals for new mortgage lending...

Financial Services Representative - Colmar Office

  • Colmar, PA (24 miles from Pennington, NJ)
  • 10 days ago
  • Colmar, PA (24 miles from Pennington, NJ)
  • 10 days ago

Full-time position currently available in Colmar, PA. General Duties and Responsibilities: Models Q2 Service and Sales programs with creativity and energy such that goals are achieved and quality...

Life Services Financial Services Representative

  • Pennington, NJ
  • 10 days ago
  • Pennington, NJ
  • 10 days ago

Job Description: 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...

Loan Administrative Assistant

  • Princeton, NJ (7 miles from Pennington, NJ)
  • 10 days ago
  • Princeton, NJ (7 miles from Pennington, NJ)
  • 10 days ago

Loan Administrative Assistant Location: Princeton, NJ Type: Contract To Hire Compensation: $19 - $21 hourly Contractor Work Model: Hybrid Hours: Part time - M, W, F 12pm - 4pm (Will eventually go...

Commercial Loan Administrator

  • Bensalem, PA (17 miles from Pennington, NJ)
  • 11 days ago
  • Bensalem, PA (17 miles from Pennington, NJ)
  • 11 days ago

A local Community bank is looking to add a Commercial Loan Administrator to the Commercial Lending Team....

Mortgage Loan Officer

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

lending opportunities....

Loan Officer

  • Dunellen, NJ (24 miles from Pennington, NJ)
  • 12 days ago
  • Dunellen, NJ (24 miles from Pennington, NJ)
  • 12 days ago

Must also meet one of the following 3 options: Actively funding more than 2 loans/month, or Xinnix Training completion for Loan Origination required, or Origination mentor assigned to new Loan Officer...

Commercial Loan Officer

  • Bensalem, PA (17 miles from Pennington, NJ)
  • 19 days ago
  • Bensalem, PA (17 miles from Pennington, NJ)
  • 19 days ago

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

Senior officer - Loan Servicing

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

Experience: Seven+ years of financial or banking experience, including commercial credit training, lending, loan review, or similar experience....

Mortgage Loan Officer - Bilingual in Spanish Preferred

  • Branchburg, NJ (14 miles from Pennington, NJ)
  • 30+ days ago
  • Branchburg, NJ (14 miles from Pennington, NJ)
  • 30+ days ago

We offer all the products and services that you’d expect from a Mortgage Lender…but we’re your Credit Union....

Student Financial Services Representative

  • Langhorne, PA (11 miles from Pennington, NJ)
  • 30+ days ago
  • Langhorne, PA (11 miles from Pennington, NJ)
  • 30+ days ago

Student Financial Services Student Financial Services Representative Department Purpose The Student Financial Services (SFS) department supports Cairn University's mission by providing caring,...

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.
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...
Mortgage Loan Processor and Originator HELOC Mastery
Mortgage Loan Processor and Originator HELOC Mastery: "Unlocking the secrets of Home Equity Lines of Credit (HELOCs)" with our comprehensive and engaging course designed for loan originators and...
Jumpstart your Mortgage Loan Originator Career
Have you ever wanted to start working at a mortgage company but didn't know where to start? Are you looking to start a career in the mortgage industry? This course prepares you to work for a...

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.

Highest Education Level

Loan Originators in Pennington, NJ offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
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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