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.
Help Small Businesses Thrive: Connect small businesses with financing from a network of over 100+ lenders....
Remote WorkPosition Summary The Commercial Loan Specialist is a key support function to the commercial lending team....
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...
Approves loans within lending authority and recommends approval of loans over lending authority. Assists in Loan Workout process and account management....
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 WorkResponsible 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 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...
Oversees and ensures successful completion of all assigned Mortgage Loan Originator training activities....
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....
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....
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...
originators to apply....
Remote WorkGovernment 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...
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
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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
- Mortgage Lending
- Loan Origination
- Lending
- Consumer Lending
- Federal Housing Administration
- Nationwide Mortgage Licensing System & Registry
- Federal National Morgage Association
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- FHLMC
- BSA
- Loan Review
- Tila Respa Integrated Disclosures
- VA Loans
- Commercial Lending
- Freddie Mac
- Loan Processing
- Fannie Mae
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Sales Management
- Customer Satisfaction
- Collections
- Closing
- Finance
- Retail
- Accounting
- Business Development
- Customer Relations
- High School Diploma
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Policy Development
- Filing
- Regulations
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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