Loan Originator Jobs in New York, 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.

1-15 of 102 Jobs

Sr Loan Officer

  • New York, NY
  • 4 hours ago
  • New York, NY
  • 4 hours ago

based on evaluation of credit risk and other key factors from Credit Management Assists in the development of less experienced loan officers Educates Branch Managers and staff about products and the lending...

Commercial Loan Officer III

  • New York, NY
  • 4 hours ago
  • New York, NY
  • 4 hours ago

credit risk and other key factors from Credit Management Assists in the development of less experienced loan officers Helps support Branch Managers and staff and educates them about products and the lending...

Personal Loan Consultant

  • West Orange, NJ (14 miles from New York, NY)
  • 10 hours ago
  • West Orange, NJ (14 miles from New York, NY)
  • 10 hours ago

Consumer Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....

Bilingual Loan Consultant

  • Cranford, NJ (17 miles from New York, NY)
  • 10 hours ago
  • Cranford, NJ (17 miles from New York, NY)
  • 10 hours 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...

Loan Specialist

  • Flushing, NY (8 miles from New York, NY)
  • 19 hours ago
  • Flushing, NY (8 miles from New York, NY)
  • 19 hours ago

Experience: Minimum of 3 years’ experience in a commercial lending environment. Skills/Ability: PC proficient and detail oriented. Strong verbal and written communication skills....

Senior C&I Portfolio Manager & Loan Administrator

  • New York, NY
  • 1 day ago
  • New York, NY
  • 1 day ago

This position is also responsible for ensuring appropriate input into loan origination and tracking systems and providing management reports including pipeline, loan status, and loan completion rates...

Credit officers will manage a portfolio of lending commitments spanning a variety of financing structures across the securitized products sector including ABS, Residential Mortgage-Backed Security and...

Loan Officer Associate

  • New York, NY
  • 1 day ago
  • New York, NY
  • 1 day ago

Maintain notes within the Loan Origination System to ensure complete exchange of information. Occasionally provide initial set up of the file....

Work Experience: Minimum of 5 years; Risk Management, Credit Risk, Workout, Leveraged Lending, Project Finance, or Internal Audit experience....

Credit Officer II Corporate Banking in New York, NY

  • New York, NY
  • 2 days ago
  • New York, NY
  • 2 days ago

Maintains up-to-date knowledge on all Bank lending policies and regulations....

Banking credit risk oversees lending activities across CIB Banking industry verticals, including Consumer & Retail (C&R), Energy & Power (E&P), Banks, Healthcare, Industrials, Global, Technology, Media...

Credit Officer II Corporate Banking

  • New York, NY
  • 3 days ago
  • New York, NY
  • 3 days ago

Maintains up-to-date knowledge on all Bank lending policies and regulations....

PB Lending Specialist BB

  • New York, NY
  • 3 days ago
  • New York, NY
  • 3 days ago

Manages end-to-end loan process with clients, internal/external partners from inquiry through post-closing (e.g., coordinates with the RM on deal structuring and term sheets, presents loan requests...

Bilingual Loan Sales Specialist

  • Cranford, NJ (17 miles from New York, NY)
  • 3 days ago
  • Cranford, NJ (17 miles from New York, NY)
  • 3 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...

Loan Officer Assistant - Retail

  • New York, NY
  • 3 days ago
  • New York, NY
  • 3 days ago

process....

Demographic Data for New York, NY

Moving to New York, NY? Find some basic demographic data about New York, NY below.


Local
National
1,685,545
96,034
Large

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 York, NY

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 York, NY offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
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 York, NY
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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