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.
(Required) Experience 3 or more years commercial lending and credit training. (Required) 0 to 6 months formal credit training from a bank program or certified credit training program....
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...
We're Hiring Loan Officers - No Experience Needed! Looking to start a rewarding career in the mortgage industry? Join Oceanside Mortgage Company, where we provide comprehensive training, career...
Loan Officer Assistant M&T Bank - 3.4 Iselin, NJ Job Details Full-time $21.00 - $34.29 an hour 7 hours ago Qualifications Sales Fair Housing regulations Mid-level High school diploma or GED...
DNA PS Implementation Support, Loan Consultant
- Berkeley Heights, NJ
- 21 hours ago
- Berkeley Heights, NJ
- 21 hours ago
Job Title DNA PS Implementation Support, Loan Consultant What does a successful Lending Implementation Consultant do?...
Responsibilities include but are not limited to: Originate first and second mortgages. Prequalify customers based on credit criteria. Build relationships with external referral sources....
At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...
Job Requirement Loan Administrator transactions Syndicated Loan Lending Syndications Invoicing billing funds Treasury payments Loan Administrator transactions Syndicated Loan Lending Syndications Invoicing...
Account Executive (Mortgage Consultant) - Jersey City, NJ
- Jersey City, NJ
- 3 days ago
- Jersey City, 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...
Is eager to develop knowledge of the mortgage industry, products, lending practices, and regulatory guidelines....
lending products Actively participate in branch duties with a strong sense of teamwork The salary range for this full-time position is $24.00 Hourly - $28.85 Hourly + bonus + benefits Salary ranges...
About Blue Foundry Bank This is the Bank Where Things are Made. Blue Foundry is a bank where businesses are shaped, plans are formed, ideas are refined, solutions are built, and stuff gets done....
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...
What We're Looking For: Experience: At least 2 years of experience in construction finance or residential/commercial mortgage lending, with a solid understanding of construction loan structures and...
Maintain notes within the Loan Origination System to ensure complete exchange of information. Occasionally provide initial set up of the file....
Demographic Data for New Jersey
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Loan Originator Online Courses and Training Opportunities
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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
- 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
- Private Banking
- Loan Processing
- OFAC
- Credit Underwriting
- Mortgage Processing
- Encompass
- 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
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