Loan Originator Jobs in Downingtown, PA

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 25 Jobs

Loan Officer Assistant

  • Wilmington, DE (24 miles from Downingtown, PA)
  • 1 hour ago
  • Wilmington, DE (24 miles from Downingtown, PA)
  • 1 hour ago

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....

Commercial Loan Officer

  • Coatesville, PA (6 miles from Downingtown, PA)
  • 19 hours ago
  • Coatesville, PA (6 miles from Downingtown, PA)
  • 19 hours ago

Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....

Commercial Loan Officer

  • Downingtown, PA
  • 19 hours ago
  • Downingtown, PA
  • 19 hours ago

Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....

Commercial Loan Officer

  • West Chester, PA (6 miles from Downingtown, PA)
  • 19 hours ago
  • West Chester, PA (6 miles from Downingtown, PA)
  • 19 hours ago

Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....

Reverse Mortgage Professional

  • Conshohocken, PA (22 miles from Downingtown, PA)
  • 2 days ago
  • Conshohocken, PA (22 miles from Downingtown, PA)
  • 2 days ago

Prior experience working with automated Loan Origination Systems. Self-motivated and excellent customer service skills. Highly proficient with Microsoft Word, Excel, PowerPoint and Outlook....

Senior Credit Officer - Leveraged Lending

  • Wilmington, DE (24 miles from Downingtown, PA)
  • 8 days ago
  • Wilmington, DE (24 miles from Downingtown, PA)
  • 8 days ago

Provide mentoring, coaching, and overall leadership to line lenders supported....

Personal Loan Consultant

  • Downingtown, PA
  • 9 days ago
  • Downingtown, PA
  • 9 days ago

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

Loan Sales Specialist

  • Wilmington, DE (24 miles from Downingtown, PA)
  • 9 days ago
  • Wilmington, DE (24 miles from Downingtown, PA)
  • 9 days ago

At OneMain, Loan Sales Specialists empower customers by listening to their needs and providing access to friendly, fast, and affordable financing for lifes expenses. In this role, our team members...

Retail Mortgage Loan Originator

  • King of Prussia, PA (17 miles from Downingtown, PA)
  • 15 days ago
  • King of Prussia, PA (17 miles from Downingtown, PA)
  • 15 days ago

Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....

Senior Mortgage Loan Officer

  • King of Prussia, PA (17 miles from Downingtown, PA)
  • 17 days ago
  • King of Prussia, PA (17 miles from Downingtown, PA)
  • 17 days ago

(Required) Experience 4 or more years Current residential mortgage lending....

Consumer Loan Sales Specialist

  • Downingtown, PA
  • 21 days ago
  • Downingtown, PA
  • 21 days ago

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

Mortgage Loan Officer - Outside Sales

  • Wilmington, DE (24 miles from Downingtown, PA)
  • 21 days ago
  • Wilmington, DE (24 miles from Downingtown, PA)
  • 21 days ago

Completes paperwork related to the loans originated. Prepares materials needed to support loan activities. Attends company meetings as necessary....

C&I Commercial Loan Officer

  • Media, PA (17 miles from Downingtown, PA)
  • 22 days ago
  • Media, PA (17 miles from Downingtown, PA)
  • 22 days ago

Commercial lenders must have knowledge of the industry, the market area, and keep up to date withrules and regulations....

C&I Commercial Loan Officer

  • Media, PA (17 miles from Downingtown, PA)
  • 25 days ago
  • Media, PA (17 miles from Downingtown, PA)
  • 25 days ago

Commercial lenders must have knowledge of the industry, the market area, and keep up to date withrules and regulations....

Mortgage Loan Originator II

  • Wayne, PA (16 miles from Downingtown, PA)
  • 26 days ago
  • Wayne, PA (16 miles from Downingtown, PA)
  • 26 days ago

You are an experienced Mortgage Loan Originator with a passion for community impact....

Demographic Data for Downingtown, PA

Moving to Downingtown, PA? Find some basic demographic data about Downingtown, PA below.


Local
National
52,406
997
Medium

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...
Start a Profitable Career as a Mortgage Loan Originator
One of the only online mortgage courses that actually teaches you how to go from completing a loan application to closing a loan and running DU in the process. Once you become licensed as a...

Title Synonyms

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Salary for Loan Originator Jobs in Downingtown, PA

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 Downingtown, PA 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 Downingtown, PA
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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