Loan Originator Jobs in New York
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.
lending opportunities....
Remote WorkApply sound judgement to ensure relevant material is included when evaluating the strengths and weaknesses of a lending proposal....
Minimum of one (1) year of experience working as a Loan Originator is required Must possess, or have the ability to possess upon hire, a Mortgage Loan Originator (MLO) license per the SAFE Act; may...
Remote WorkStrong credit knowledge in one or more lending activities: Aviation, Commodities, Energy, Leveraged Finance, Project Finance, Real Estate, or Securitization....
Monitors the credit portfolio through transaction review & approval to ensure compliance with the Bank's lending policies and procedures....
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...
work independently - Ability to analyze financial information - Effective verbal and written communication skills - Established referral base within assigned market preferred -2 years of mortgage loan...
Commercial Lending Loan Administrator I/II
- Saratoga Springs, NY
- 2 days ago
- Saratoga Springs, NY
- 2 days ago
Review documentation, input, and book commercial loans. Process ODL contracts....
and review of bank lending policies and procedures in conjunction with the BBU Credit Manager....
Credit Officer Asset Backed Securities / Securitization Vice President
- New York, NY
- 2 days ago
- New York, NY
- 2 days ago
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...
Senior Financial Services Representative - SunVet Holbrook Branch
- Holbrook, NY
- 3 days ago
- Holbrook, NY
- 3 days ago
The key functions of the role are centered on managing a book of business and supporting members with specialized needs which is inclusive of Consumer, Small Business and Lending services to help drive...
Financial Services Representative - SunVet Holbrook Branch
- Holbrook, NY
- 3 days ago
- Holbrook, NY
- 3 days ago
Join Our Team For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes...
Financial Services Representative II - SunVet Holbrook Branch
- Holbrook, NY
- 3 days ago
- Holbrook, NY
- 3 days ago
can successfully obtain a notary commission in the state where you work within six months of starting in the role required Banking products, cross-selling, member onboarding, new account openings, retail...
lending opportunities....
Own the Loan Process - Oversee the loan application lifecycle, coordinating with underwriting, processing, and closing teams to ensure timely funding....
Demographic Data for New York
Moving to New York? Find some basic demographic data about New York below.
Loan Originator Online Courses and Training Opportunities
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Salary for Loan Originator Jobs in New York
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in New York 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
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- VA Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- Loan Processing
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Customer Satisfaction
- Closing
- Collections
- Finance
- Business Development
- Retail
- High School Diploma
- Customer Relations
- Negotiation
- Accounting
- Written Communication
- Documentation
- Employee Development
- Verbal Communication
- Telephone Skills
- Policy Development
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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