Loan Originator Jobs in New Jersey
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.
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 I Job Details Job Location Branch 52 Burlington - Burlington, NJ Job Category Retail Description Are you ready for an exciting career in the financial services...
Maintain notes within the Loan Origination System to ensure complete exchange of information. Occasionally provide initial set up of the file....
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...
About this role: Wells Fargo is seeking a Community Mortgage Bank Sales Consultant (SAFE) in Consumer Lending as part of Home Lending....
About this role: Wells Fargo is seeking a Mortgage Retail Sales Consultant (SAFE) in Consumer Lending as part of Home Lending....
About this role: Wells Fargo is seeking a CA-WA Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending....
Knowledge of loan origination systems. Knowledge of investor loan registration/ lock systems and procedures. Ability to ascertain customer needs and advise on appropriate products and services....
Credit Officer - Bristol, PA or New Brunswick, NJ
- New Brunswick, NJ
- 12 days ago
- New Brunswick, NJ
- 12 days ago
interpersonal relations and communicative skills; a working knowledge of all loans, principles, policies, and practices; a thorough knowledge of financial statement analysis; knowledge of current lending...
Senior Associate, Commercial Mortgage Loan Administrator
- Union, NJ
- 13 days ago
- Union, NJ
- 13 days ago
division is an investment processing service group that provides middle and back office operations, accounting and reporting support to Asset Management, Insurance, Pension, Wealth Management, nonbank lenders...
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...
Description CSPNJ, a mental health nonprofit agency, is looking for a full-time Financial Services Representative (FSR) for Salem County. Under the direction of the Director of Financial Services,...
Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....
Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....
We have a culture that encourages an entrepreneurial spirit We offer multiple opportunities for development and upward mobility In the Loan Officer role, you will perform all aspects of the loan process...
Demographic Data for New Jersey
Moving to New Jersey? Find some basic demographic data about New Jersey 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 New Jersey
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in New Jersey offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Federal Housing Administration
- Federal National Morgage Association
- Loan Documentation
- Credit Underwriting
- Commercial Banking
- Jumbo Loans
- BSA
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Tila Respa Integrated Disclosures
- VA Loans
- Mortgage Processing
- OFAC
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Sales Management
- Customer Satisfaction
- Collections
- Closing
- Finance
- Accounting
- Retail
- Business Development
- Customer Relations
- High School Diploma
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Employee Development
- Documentation
- Policy Development
- Filing
- Regulations
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Teamwork
- 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 »