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.
process from application to close....
Residential Mortgage Originator - Western New York
- Buffalo, NY
- 20 hours ago
- Buffalo, NY
- 20 hours ago
Enter information into Loan Origination Systems so that loans appear accurately in the pipeline. Accurately register loan within established time limit....
Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....
Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....
The recently formed Capital Markets team is seeking a motivated and dynamic Loan Originator to join the team and contribute to driving the firm's success in the capital markets space....
Impact Assists in ensuring the Bank's loan servicing activities are conducted in full adherence to regulatory requirements. By minimizing risk and enhancing operational efficiency, this position...
The Loan Officer Assistant role is focused on supporting the Loan Officer team in efficiently moving loans through the pipeline via effective sales system support, and document control and...
Knowledge of the laws and regulations that govern consumer lending, including fair lending, privacy, and RESPA....
written policies and procedures for the bank Participate in community events and real estate industry functions to identify, develop and promote additional business Attend training on all residential lending...
Loan Originators will be required to originate on behalf of the Bank, within Representative's assigned territory, residential mortgage loans to be made by the Bank in connection with purchase and refinancing...
What You'll Do: Consult with clients to understand their mortgage needs and present solutions Manage the loan process from application to close Stay updated on mortgage products and lending guidelines...
Diploma * Minimum 2 years residential loan originations or processing experience in a mortgage banking company. * Minimum 2 years of experience with state and federal lending regulations (e.g....
Manage a Mortgage/Consumer Lending department by overseeing a staff of supervisors and / or operations managers ensuring operational efficiency and targeted results are met....
Provides credit processing support on Consumer Loan applications to customers, branches, dealerships, third-party vendors from application entry through decision, including directives to ensure...
Personal Banker III (Financial Services Representative)
- West Babylon, NY
- 2 days ago
- West Babylon, NY
- 2 days ago
In addition to identifying referral opportunities for services such as consumer lending, commercial lending, mortgage lending, and wealth management, this position includes a supervisory component....
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Salary for Loan Originator Jobs in New York
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
- 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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