Loan Originator Jobs in Rhode Island
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.
Mortgage Loan Originators need proficient mortgage industry knowledge in order to originate loans and develop realtor and business contacts....
Ensure strong, working relationships with lending teams....
Prior work experience in a business/commercial lending environment is required with knowledge of customary products, practices and policies....
Qualifications High school diploma or equivalent required One to two years of experience in Mortgage lending or related field. Does not require an active MLO licensing....
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...
Mutual of Omaha Mortgage is a full-service lending company offering both Forward and Reverse Mortgage products including a complete line of residential mortgage, refinancing, specialty, and HECM loans...
Experienced Bi-Lingual Loan Originator in Providence, RI
- Providence, RI
- 30+ days ago
- Providence, RI
- 30+ days ago
Our expansive team of Loan Originators are an integral part of a culture that lends itself to unparalleled success....
Reverse Mortgage Originator Development Program
- Providence, RI
- 30+ days ago
- Providence, RI
- 30+ days ago
originators to apply....
Remote WorkVice President, Regional Manager for Mortgage Lending - Southern Rhode Island
- Westerly, RI
- 30+ days ago
- Westerly, RI
- 30+ days ago
The successful candidate must have a thorough knowledge of the mortgage industry, products, lending practices and guidelines and at least ten years’ experience in loan origination....
Ensure strong, working relationships with lending teams....
processing....
A minimum of 12 months loan originator experience required. Interacts with regional & corporate departments, as well as realtors, sales agents, builders, appraisers, etc....
Under the direction of the Branch and/or Production Manager, markets and promotes PrimeLending products and services to its client base of realtors, builders, bank officers and potential and past...
Overseeing the loan process by monitoring loan status and ensuring conformity with term....
Demographic Data for Rhode Island
Moving to Rhode Island? Find some basic demographic data about Rhode Island below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
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Salary for Loan Originator Jobs in Rhode Island
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Rhode Island offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- VA Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- Loan Processing
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- OFAC
- Mortgage Processing
- Financial Services
- Loan Servicing
- Credit Analysis
- USDA
- Underwriting
- Appraisal
- Financial Analysis
- Goal Oriented
- Real Estate
- Referrals
- Customer Satisfaction
- Closing
- Collections
- Finance
- Business Development
- Retail
- High School Diploma
- Customer Relations
- Negotiation
- Accounting
- Written Communication
- Documentation
- Employee Development
- Verbal Communication
- Telephone Skills
- Policy Development
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Teamwork
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
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