Loan Originator Jobs in New Mexico

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 17 Jobs

Financial Services Representative-Bilingual

  • Chimayo, NM
  • 9 days ago
  • Chimayo, NM
  • 9 days ago

*Applicants must be fluent in Mandarin and Cantonese Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large...

Loan Officer (eLending)

  • Las Cruces, NM
  • 3 days ago
  • Las Cruces, NM
  • 3 days ago

Meet all established lending goals, and cross-sell products and services Perform account verifications Effectively communicate and utilize sales skills to identify member needs and offer Credit Union...

Financial Services Representative

  • Kirtland, NM
  • 8 days ago
  • Kirtland, NM
  • 8 days ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Consumer Loan Specialist

  • Santa Fe, NM
  • 9 days ago
  • Santa Fe, NM
  • 9 days ago

Position: Consumer Loan Specialist Company: Mariner Finance Location: On-site/in office Hours: full time - 40 hours per week Description Qualifications: 1+ years of experience in a sales position....

Mortgage Banker (Albuquerque, NM, US, 87101)

  • Albuquerque, NM
  • 16 days ago
  • Albuquerque, NM
  • 16 days ago

Education & Experience Requirements This level of knowledge is normally acquired through completion of an Associate's Degree and 2-3 years related mortgage lending experience....

Mortgage Banker

  • Albuquerque, NM
  • 16 days ago
  • Albuquerque, NM
  • 16 days ago

Education & Experience Requirements This level of knowledge is normally acquired through completion of an Associates Degree and 2-3 years related mortgage lending experience....

Financial Services Representative (Part-time)

  • Thoreau, NM
  • 23 days ago
  • Thoreau, NM
  • 23 days ago

This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....

Commercial Loan Officer

  • Las Cruces, NM
  • 24 days ago
  • Las Cruces, NM
  • 24 days ago

They will perform detailed financial analysis for all lending opportunities, prepare credit approval and modification requests for presentation to Loan Committee by the lenders, perform annual credit...

Loan Officer

  • Santa Fe, NM
  • 30+ days ago
  • Santa Fe, NM
  • 30+ days ago

processing....

Financial Services Representative

  • Santa Fe, NM
  • 30+ days ago
  • Santa Fe, NM
  • 30+ days ago

Enterprise Bank & Trust was founded in the spirit of entrepreneurship and community. From the small mom-and-pop coffee shop to the large construction company that employs local people, our goal is...

Las Cruces Financial Services Representative (Full-Time)

  • Las Cruces, NM
  • 30+ days ago
  • Las Cruces, NM
  • 30+ days ago

POSITION OVERVIEW: FINANCIAL SERVICES REPRESENTATIVE (FULL-TIME) We are hiring customer service representative to support inbound and outbound customer service projects for Finacial Services...

Loan Specialist - 032

  • Albuquerque, NM
  • 45+ days ago
  • Albuquerque, NM
  • 45+ days ago

processing....

Bilingual Loan Sales Specialist

  • Las Cruces, NM
  • 60+ days ago
  • Las Cruces, NM
  • 60+ 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...

Bilingual Financial Services Representative

  • Las Cruces, NM
  • 60+ days ago
  • Las Cruces, NM
  • 60+ days ago

LOCATION Las Cruces, NM JOB TYPE Full-Time & Part-Time PAY TYPES Hourly + Bonus BENEFITS & PERKS LOCAL REPRESENTATIVE: Paid Training, Paid Time Off, Medical, Dental, Vision, Life Insurance,...

Mortgage Loan Originator

  • Santa Fe, NM
  • 90+ days ago
  • Santa Fe, NM
  • 90+ days ago

As a Mortgage Loan Originator with Nusenda Credit Union, you will assist the Mortage Production team by assisting members with their mortgage lending needs, analyzing loan requests, and making credit...

Demographic Data for New Mexico

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


Local
National
2,115,093
43,399

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.
Start a Profitable Career as a Mortgage Loan Originator
One of the only online mortgage courses that actually teaches you how to go from completing a loan application to closing a loan and running DU in the process. Once you become licensed as a...
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...
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...

Title Synonyms

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Salary for Loan Originator Jobs in New Mexico

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 Mexico 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
1.2%
Some High School
0.6%

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