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 21 Jobs

Financial Services Representative - Villanova, PA

  • Villanova, PA (19 miles from Downingtown, PA)
  • 15 hours ago
  • Villanova, PA (19 miles from Downingtown, PA)
  • 15 hours ago

Financial Services Representative Have a passion for helping people? Join our team of Financial Services Representative where youll have dedicated time to focus on growth and career development,...

Jr 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

Junior Loan Officer Junior Loan Officers work alongside established ag and commercial lenders to learn the industry, and market area, and learn the rules and regulations....

SVP, Senior Credit Officer

  • Malvern, PA (9 miles from Downingtown, PA)
  • 2 days ago
  • Malvern, PA (9 miles from Downingtown, PA)
  • 2 days ago

Customers Bank is an equal opportunity lender....

Loan Officer Assistant - Enterprise

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

Mortgage Loan Officer

  • Bryn Mawr, PA (20 miles from Downingtown, PA)
  • 5 days ago
  • Bryn Mawr, PA (20 miles from Downingtown, PA)
  • 5 days ago

. - Ensure the customer understands the loan process from application through closing. - Keep informed of trends and developments in the local real estate market, as well as the changing rules and regulations...

SVP, Senior Credit Officer - CRE

  • Malvern, PA (9 miles from Downingtown, PA)
  • 13 days ago
  • Malvern, PA (9 miles from Downingtown, PA)
  • 13 days ago

15 + years of experience in the Commercial Real Estate Lending Banking Industry 10 years of experience with Construction, Bridge and Note on Note Lending experience 5+ years of Management experience...

EFG Senior Credit Officer

  • Berwyn, PA (14 miles from Downingtown, PA)
  • 26 days ago
  • Berwyn, PA (14 miles from Downingtown, PA)
  • 26 days ago

Candidate must reside in PA or OH to be considered. As a Senior Credit Officer with the Equipment Finance Group, you provide Credit Support Services for equipment finance business lines and...

CRA Mortgage Loan Officer- Pennsylvania

  • Berwyn, PA (14 miles from Downingtown, PA)
  • 30+ days ago
  • Berwyn, PA (14 miles from Downingtown, PA)
  • 30+ days ago

The CRA Mortgage Loan Officer will establish and maintain relationships with community based organizations, Realtors, and governmental agencies which result in lending opportunities for the bank to...

Commercial Loan Officer

  • Pottstown, PA (16 miles from Downingtown, PA)
  • 30+ days ago
  • Pottstown, PA (16 miles from Downingtown, PA)
  • 30+ days ago

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

Commercial Loan Officer

  • Coatesville, PA (6 miles from Downingtown, PA)
  • 45+ days ago
  • Coatesville, PA (6 miles from Downingtown, PA)
  • 45+ days 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
  • 45+ days ago
  • Downingtown, PA
  • 45+ days 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)
  • 45+ days ago
  • West Chester, PA (6 miles from Downingtown, PA)
  • 45+ days ago

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

Retail Mortgage Loan Originator

  • King of Prussia, PA (17 miles from Downingtown, PA)
  • 60+ days ago
  • King of Prussia, PA (17 miles from Downingtown, PA)
  • 60+ 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)
  • 60+ days ago
  • King of Prussia, PA (17 miles from Downingtown, PA)
  • 60+ days ago

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

Mortgage Loan Officer - Outside Sales

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

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

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

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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...
Jumpstart your Mortgage Loan Originator Career
Have you ever wanted to start working at a mortgage company but didn't know where to start? Are you looking to start a career in the mortgage industry? This course prepares you to work for 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
13.8%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.2%
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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