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.

1-15 of 53 Jobs

Small Business Lending Consultant

  • Short Hills, NJ
  • 12 hours ago
  • Short Hills, NJ
  • 12 hours ago

Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....

Remote Work

Commercial Loan Specialist - Edison

  • Edison, NJ
  • 1 day ago
  • Edison, NJ
  • 1 day ago

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

Commercial Loan Review Specialist

  • Clinton, NJ
  • 1 day ago
  • Clinton, NJ
  • 1 day ago

Position Summary Supports the portfolio management department and is responsible for coordinating the centralized requests and collection of financial information from the bank's commercial loan...

Credit Officer

  • Hamilton, NJ
  • 4 days ago
  • Hamilton, NJ
  • 4 days ago

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

Mortgage Loan Originator

  • Mount Laurel, NJ
  • 4 days ago
  • Mount Laurel, NJ
  • 4 days ago

Qualifications: Active Mortgage Loan Originator (MLO) license (NMLS) Minimum 2 years of experience in mortgage lending or origination Proven ability to self-generate leads or bring a current book of...

Remote Work

Senior Commercial Real Estate Credit Officer

  • Bridgewater, NJ
  • 5 days ago
  • Bridgewater, NJ
  • 5 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....

Loan Originator New Jersey

  • NJ
  • 6 days ago
  • NJ
  • 6 days ago

Loan Originator New Jersey NJ Job Type Full-time Description TITLE: Loan Originator REPORTS TO: Retail Branch Manager FLSA CLASS: Exempt BASIC FUNCTION: The Loan Originator (LO) is responsible for originating...

Assumptions Loan Specialist

  • Marlton, NJ
  • 6 days ago
  • Marlton, NJ
  • 6 days ago

Oversees and ensures successful completion of all assigned Mortgage Loan Originator training activities....

Home Mortgage Consultant (SAFE)

  • Short Hills, NJ
  • 7 days ago
  • Short Hills, NJ
  • 7 days ago

About this role: Wells Fargo is seeking a Mortgage Retail Sales Consultant (SAFE) in Consumer Lending as part of Home Lending....

Private Mortgage Banker (SAFE)

  • Short Hills, NJ
  • 7 days ago
  • Short Hills, NJ
  • 7 days ago

About this role: Wells Fargo is seeking a CA-WA Private Mortgage Banker (SAFE) in Consumer Lending as part of Home Lending....

Senior Credit Officer

  • Bridgewater, NJ
  • 7 days ago
  • Bridgewater, NJ
  • 7 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....

Mortgage Advisor

  • Marlton, NJ
  • 7 days ago
  • Marlton, NJ
  • 7 days ago

Ensures exceptional customer experience by overseeing the loan process from origination to close and providing on-going communication to customers and business partners Successful completion of all...

Reverse Mortgage Originator Development Program

  • Newark, NJ
  • 7 days ago
  • Newark, NJ
  • 7 days ago

originators to apply....

Remote Work

Government Banking Officer

  • Woodbridge, NJ
  • 12 days ago
  • Woodbridge, NJ
  • 12 days ago

Government Banking Officer Provident Bank - 3.7 Iselin, NJ Job Details Full-time $114,100 - $163,000 a year 19 hours ago Benefits Health savings account Loan repayment program Disability insurance...

Loan Officer

  • Cliffside Park, NJ
  • 12 days ago
  • Cliffside Park, 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...

Demographic Data for New Jersey

Moving to New Jersey? Find some basic demographic data about New Jersey below.


Local
National
9,288,994
232,891

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.
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...
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...

Title Synonyms

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Salary for Loan Originator Jobs in New Jersey

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 New Jersey 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
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Originators in New Jersey
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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