Loan Originator Jobs in Fargo, ND
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.
- West Fargo, ND (6 miles from Fargo, ND)
- 16 days ago
- West Fargo, ND (6 miles from Fargo, ND)
- 16 days ago
degree Lending Communication skills Loan processing Banking Full Job Description First Western Bank has a full-time opening for a Consumer Lending Officer at the West Fargo bank location....
processing and closing processes Working knowledge of the Agricultural industry Ability to multi-task quickly and effectively Good communication skills Benefits Full Health, Dental, Vision 401(k) %...
Provides expertise in various lending issues and applications including expertise in numerous specialized areas of lending....
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
Identifies strengths and weaknesses of the borrower, lending structure and evaluates specific risks to the bank....
Provide all applicable initial documents and disclosures to the loan processor. Other duties as assigned....
Demographic Data for Fargo, ND
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Salary for Loan Originator Jobs in Fargo, ND
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Fargo, ND 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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