Loan Originator Jobs in Rapid City, SD
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.
- Box Elder, SD (9 miles from Rapid City, SD)
- 3 days ago
- Box Elder, SD (9 miles from Rapid City, SD)
- 3 days ago
and credit risk assessment skills CRE with larger revenue to middle market baby whale hunting ability Must have a proven track record in business development Knowledge of Bank regulations regarding lending...
- Sturgis, SD (21 miles from Rapid City, SD)
- 4 days ago
- Sturgis, SD (21 miles from Rapid City, SD)
- 4 days ago
and credit risk assessment skills CRE with larger revenue to middle market baby whale hunting ability Must have a proven track record in business development Knowledge of Bank regulations regarding lending...
- Black Hawk, SD (10 miles from Rapid City, SD)
- 4 days ago
- Black Hawk, SD (10 miles from Rapid City, SD)
- 4 days ago
and credit risk assessment skills CRE with larger revenue to middle market baby whale hunting ability Must have a proven track record in business development Knowledge of Bank regulations regarding lending...
About Cascade & Our Culture: Since opening our doors in 1999, Cascade Financial Services has grown to become one of the most trusted lenders in Attainable Housing....
If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our Rapid City, SD Gateway branch. Whats Important to You We know...
lending....
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Under the direct supervision of the Branch Manager, the job responsibilities of the External Mortgage Loan Originator position include, but are not limited to, the following: Primary duty is to sell...
Demographic Data for Rapid City, SD
Moving to Rapid City, SD? Find some basic demographic data about Rapid City, SD below.
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Salary for Loan Originator Jobs in Rapid City, SD
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Rapid City, SD 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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