Loan Originator Jobs in Pennsylvania
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.
Reviews results and reports findings to Commercial Lending Account Officer, Regional Credit Officer, Credit Management and Lending Management....
Reviews results and reports findings to Commercial Lending Account Officer, Regional Credit Officer, Credit Management and Lending Management....
process and life cycle, presenting tailored solutions based on customer needs Manage the life cycle of loans, including collections activities while maintaining compliance with all relevant laws and...
Origination, Matrix Management, Mortgage Products., Sales Tasks And Activities, Scheduling Work and Activities, Selling....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Commercial lenders must have knowledge of the industry, the market area, and keep up to date with rules and regulations....
Demographic Data for Pennsylvania
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Salary for Loan Originator Jobs in Pennsylvania
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Pennsylvania offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- BSA
- Federal Housing Administration
- Federal National Morgage Association
- Loan Documentation
- Credit Underwriting
- Jumbo Loans
- Commercial Banking
- Loan Review
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Tila Respa Integrated Disclosures
- VA Loans
- OFAC
- Mortgage Processing
- Credit Analysis
- Financial Services
- USDA
- Loan Servicing
- Underwriting
- Appraisal
- Goal Oriented
- Real Estate
- Referrals
- Sales Management
- Customer Satisfaction
- Collections
- Closing
- Finance
- Accounting
- Retail
- Business Development
- High School Diploma
- Customer Relations
- Written Communication
- Negotiation
- Verbal Communication
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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