Loan Originator Jobs in Philadelphia, 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 44 Jobs

Financial Services Representative - Villanova, PA

  • Villanova, PA (11 miles from Philadelphia, PA)
  • 15 hours ago
  • Villanova, PA (11 miles from Philadelphia, 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 (23 miles from Philadelphia, PA)
  • 19 hours ago
  • West Chester, PA (23 miles from Philadelphia, 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....

Loan Servicing Specialist

  • Philadelphia, PA
  • 20 hours ago
  • Philadelphia, PA
  • 20 hours ago

While the role is primarily focused on commercial loans, it also offers valuable exposure to consumer, mortgage, and SBA lending....

Loan Advisor

  • Evesham, NJ (15 miles from Philadelphia, PA)
  • 2 days ago
  • Evesham, NJ (15 miles from Philadelphia, PA)
  • 2 days ago

Clearly communicates the loan program terms and benefits available to the customer as well as the loan process....

SVP, Senior Credit Officer

  • Malvern, PA (20 miles from Philadelphia, PA)
  • 2 days ago
  • Malvern, PA (20 miles from Philadelphia, PA)
  • 2 days ago

Customers Bank is an equal opportunity lender....

Business Loan Broker, Philadelphia

  • Philadelphia, PA
  • 2 days ago
  • Philadelphia, PA
  • 2 days ago

Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....

Loan Officer Assistant - Enterprise

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

  • Clayton, NJ (20 miles from Philadelphia, PA)
  • 4 days ago
  • Clayton, NJ (20 miles from Philadelphia, PA)
  • 4 days ago

Ensures loan originations are in accordance with regulatory compliance. Ensures documentation is completed in accordance with regulatory compliance....

Mortgage Loan Officer

  • Bryn Mawr, PA (10 miles from Philadelphia, PA)
  • 5 days ago
  • Bryn Mawr, PA (10 miles from Philadelphia, 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...

Loan Officer

  • Fort Washington, PA (12 miles from Philadelphia, PA)
  • 6 days ago
  • Fort Washington, PA (12 miles from Philadelphia, PA)
  • 6 days ago

Our Loan Originators enjoy the exclusive advantage of Company-generated leads - 125,000 people per year fill out visitor cards at our new home communities throughout the nation....

Additionally this Vice President position involves extensive interaction with clients, internal partners, legal counsel, and other lenders, etc....

Financial Services Representative (full time) - Colmar Office

  • Philadelphia, PA
  • 11 days ago
  • Philadelphia, PA
  • 11 days ago

GENERAL DUTIES AND RESPONSIBILITIES: Models Q2 Service and Sales programs with creativity and energy such that goals are achieved and quality standards are met or exceeded. Takes personal...

Financial Services Representative - Colmar Office

  • Colmar, PA (22 miles from Philadelphia, PA)
  • 11 days ago
  • Colmar, PA (22 miles from Philadelphia, PA)
  • 11 days ago

Full-time position currently available in Colmar, PA. General Duties and Responsibilities: Models Q2 Service and Sales programs with creativity and energy such that goals are achieved and quality...

Commercial Loan Administrator

  • Bensalem, PA (15 miles from Philadelphia, PA)
  • 12 days ago
  • Bensalem, PA (15 miles from Philadelphia, PA)
  • 12 days ago

A local Community bank is looking to add a Commercial Loan Administrator to the Commercial Lending Team....

SVP, Senior Credit Officer - CRE

  • Malvern, PA (20 miles from Philadelphia, PA)
  • 13 days ago
  • Malvern, PA (20 miles from Philadelphia, 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...

Demographic Data for Philadelphia, PA

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


Local
National
1,604,167
30,077
Large

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...
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 Philadelphia, 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 Philadelphia, 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 Philadelphia, 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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