Loan Originator Jobs in Albuquerque, NM
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.
knowledge of underwriting requirements for FNMA, FHLMC, FHA, VA, local bonding programs, and private investors - Basic knowledge of local, state and national laws (e.g. zoning ordinances, Truth-in Lending...
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...
Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....
Financial Services Representative (Part-Time)
- Albuquerque, NM
- 11 days ago
- Albuquerque, NM
- 11 days ago
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Must have good understanding and working knowledge of commercial lending terminology, loan processing, loan documentation and lending procedures....
Consumer Loan Service Specialist 1 Albuquerque, NM Loan Services Job Type Full-time Description Performs loan support in accordance with policies and established procedures while meeting all...
Current registration with the Nationwide Mortgage Licensing System (NMLS) or ability to become registered upon employment Education and Experience: Minimum one years' experience in loan origination...
Take your career to the next level! In the last few years our goal has been expansion, creating growth opportunities for many of our team members. Not only are we serious about growth, but we are...
- Rio Rancho, NM (14 miles from Albuquerque, NM)
- 21 days ago
- Rio Rancho, NM (14 miles from Albuquerque, NM)
- 21 days ago
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
- Los Lunas, NM (22 miles from Albuquerque, NM)
- 27 days ago
- Los Lunas, NM (22 miles from Albuquerque, NM)
- 27 days ago
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
Nusenda Credit Union is currently seeking a Call Center Lender....
Demographic Data for Albuquerque, NM
Moving to Albuquerque, NM? Find some basic demographic data about Albuquerque, NM below.
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Salary for Loan Originator Jobs in Albuquerque, NM
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Albuquerque, NM 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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