Loan Originator Jobs in Albany, NY
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.
Loan Services Specialist - Latham
- Latham, NY (1 mile from Albany, NY)
- 7 hours ago
- Latham, NY (1 mile from Albany, NY)
- 7 hours ago
passion and excitement for the profession, you would benefit from having: Education/Certifications: > High school degree or equivalent experience required > 2 years of experience required in banking or lending...
Residential Loan Consultant (On-Site)
- Saratoga Springs, NY (21 miles from Albany, NY)
- 8 days ago
- Saratoga Springs, NY (21 miles from Albany, NY)
- 8 days ago
Job Title: Residential Loan Consultant Department: Residential Lending Reports To: VP, Residential Lending Grade Level: Exempt, $35,000 Salary plus Commissions Location: Saratoga Springs, NY (Not Remote...
- Schenectady, NY (8 miles from Albany, NY)
- 13 days ago
- Schenectady, NY (8 miles from Albany, NY)
- 13 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...
Must be eligible to be registered in the Nationwide Mortgage Licensing System & Registry for purposes of SAFE Act. PREFERRED EDUCATION/EXPERIENCE: A bachelor's degree in a business related field....
Beyond retail banking, we also offer commercial banking, wealth management, investment management, insurance and risk management, and benefit plan administration....
Responsible to review requests entered into the loan origination system to ensure data integrity, streamline the origination process, increase efficiency, and minimize downstream impacts 25% Responsible...
- Burnt Hills, NY (14 miles from Albany, NY)
- 90+ days ago
- Burnt Hills, NY (14 miles from Albany, NY)
- 90+ days ago
Position Overview: The Outside Loan Originator (Outside LO) is responsible for maintaining an NMLS license required under the S.A.F.E....
Demographic Data for Albany, NY
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Title Synonyms
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Salary for Loan Originator Jobs in Albany, NY
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Albany, NY offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Credit Underwriting
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Financial Services
- Loan Servicing
- Underwriting
- Appraisal
- Goal Oriented
- Real Estate
- Referrals
- Sales Management
- Customer Satisfaction
- Collections
- Closing
- Finance
- Accounting
- Retail
- Business Development
- High School Diploma
- Customer Relations
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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