Loan Originator Jobs in Providence, RI

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 15 Jobs

Senior Loan Officer- Mortgage Lending

  • Providence, RI
  • 1 day ago
  • Providence, RI
  • 1 day ago

Collaborate with internal teams, to expedite loan processing and ensure timely closings....

Loan Officer Assistant - Enterprise

  • Providence, RI
  • 4 days ago
  • Providence, RI
  • 4 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....

Community Lending Mortgage Banker

  • Providence, RI
  • 6 days ago
  • Providence, RI
  • 6 days ago

COMMUNITY LENDING MORTGAGE BANKER* WHAT IS THE OPPORTUNITY?...

Leasing Credit Officer I/II-Global Corporate Aircraft Finance

  • Providence, RI
  • 10 days ago
  • Providence, RI
  • 10 days ago

Management and monitoring responsibilities will cover an assigned book of lending/leasing relationships with exposures up to $100MM+ that are assigned risk ratings the equivalent of regulatory Pass,...

Home Equity Loan Originators

  • Johnston, RI (5 miles from Providence, RI)
  • 11 days ago
  • Johnston, RI (5 miles from Providence, RI)
  • 11 days ago

Description This inside sales position will be responsible for generating sales for home equity lines of credit through leads and applications obtained through, but not limited to, the retail...

Leasing Credit Officer II-Healthcare, Education & Not-For-Profit Finance

  • Providence, RI
  • 11 days ago
  • Providence, RI
  • 11 days ago

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...

Associate Loan Originator, NE, East Greenwich, RI

  • East Greenwich, RI (12 miles from Providence, RI)
  • 12 days ago
  • East Greenwich, RI (12 miles from Providence, RI)
  • 12 days ago

May serve as a partner to the Lead/Primary Loan Originator. Acts as a liaison between the Lead/Primary and/or other team members, in-process customers and branch operations staff....

CRA Loan Officer

  • Providence, RI
  • 13 days ago
  • Providence, RI
  • 13 days ago

We are currently hiring talented CRA Loan Officers who proactively identify, develop and maintain a quality network of business relationships that serves as a source of referrals for new mortgage lending...

Home Mortgage Consumer Direct Loan Officer

  • Johnston, RI (5 miles from Providence, RI)
  • 17 days ago
  • Johnston, RI (5 miles from Providence, RI)
  • 17 days ago

processing, underwriting, compliance, and other internal lending departments as necessary to ensure all loan conditions are met in a timely and accurate manner. + Maintain expertise in loan origination...

Leasing Credit Officer II

  • Providence, RI
  • 20 days ago
  • Providence, RI
  • 20 days ago

Management and monitoring responsibilities will include lending/leasing relationships with exposures up to $100MM+ that are assigned risk ratings the equivalent of regulatory Pass, Criticized, and Classified...

Commercial Operations Loan Specialist II

  • Johnston, RI (5 miles from Providence, RI)
  • 24 days ago
  • Johnston, RI (5 miles from Providence, RI)
  • 24 days ago

Prior work experience in a business/commercial lending environment is required with knowledge of customary products, practices and policies....

Leasing Credit Officer I

  • Providence, RI
  • 25 days ago
  • Providence, RI
  • 25 days ago

Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...

Loan Officer - Financial Institutions Group

  • Middletown, RI (22 miles from Providence, RI)
  • 60+ days ago
  • Middletown, RI (22 miles from Providence, RI)
  • 60+ days ago

Proficient Microsoft Office Suite (including Teams) experience required, experience with Empower (Loan Origination System) or similar Loan Origination System required....

Mortgage Loan Officer - Sharon MA

  • Sharon, MA (23 miles from Providence, RI)
  • 90+ days ago
  • Sharon, MA (23 miles from Providence, RI)
  • 90+ days ago

Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....

Loan Officer, Junior - Retail

  • East Greenwich, RI (12 miles from Providence, RI)
  • 60+ days ago
  • East Greenwich, RI (12 miles from Providence, RI)
  • 60+ days ago

Overseeing the loan process by monitoring loan status and ensuring conformity with term....

Demographic Data for Providence, RI

Moving to Providence, RI? Find some basic demographic data about Providence, RI below.


Local
National
219,016
5,676
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...
Mortgage Loan Processor and Originator HELOC Mastery
Mortgage Loan Processor and Originator HELOC Mastery: "Unlocking the secrets of Home Equity Lines of Credit (HELOCs)" with our comprehensive and engaging course designed for loan originators and...

Title Synonyms

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Salary for Loan Originator Jobs in Providence, RI

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 Providence, RI 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 Providence, RI
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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