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.
Clearly communicates the loan program terms and benefits available to the customer as well as the loan process....
Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....
Financial Aid Counselor, Loan Coordinator (Req. #2268)
- Caldwell, NJ
- 2 days ago
- Caldwell, NJ
- 2 days ago
Financial Aid Counselor, Loan Coordinator (Req. #2268) Caldwell University in Caldwell, NJ Apply Now Type: Full-Time Salary: $47,000 Posted: 06/03/2025 Application Due: 12/03/2025 Category:...
Ensures loan originations are in accordance with regulatory compliance. Ensures documentation is completed in accordance with regulatory compliance....
Be the final decision maker on credits within their individual lending authority. Ensure compliance with credit policy and underwriting requirements. 3....
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....
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,...
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...
Assess management supervision of lending portfolios. Prepare written/oral communications and reports....
The Mortgage Loan Originator is expected to spend most of their time out of the office developing contacts and originating mortgages....
The Mortgage Loan Originator is expected to spend most of their time out of the office developing contacts and originating mortgages....
AR/Credit Clean-Up Consultant Our client is seeking a consultant to lead a high-priority Accounts Receivable clean-up project. The role focuses on correcting misapplied payments, reconciling...
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...
banking products and services Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet...
Company Description Bond Street Mortgage LLC is a full-service mortgage lender/broker with a strong reputation for outstanding service....
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Salary for Loan Originator Jobs in New Jersey
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
- Goal Oriented
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- Credit Underwriting
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Collections
- Closing
- Customer Relations
- Accounting
- Retail
- High School Diploma
- Business Development
- Negotiation
- Verbal Communication
- Written Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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