Loan Originator Jobs in Sioux Falls, 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.

1-14 of 14 Jobs

Financial Services Representative I

  • Sioux Falls, SD
  • 20 hours ago
  • Sioux Falls, SD
  • 20 hours ago

If you are a current FIB employee, please apply through the Career Worklet in the Employee Portal. This position is located at our Sioux Falls, SD S. Louise Ave. branch. Whats Important to You We...

Loan Officer

  • Sioux Falls, SD
  • 14 days ago
  • Sioux Falls, SD
  • 14 days ago

This job can be an opportunity to learn about residential real estate, lending on transitional property, and long-term lending on cash-flowing property. A successful Loan Officer: Excels at sales....

Commercial Loan Officer

  • Sioux Falls, SD
  • 45+ days ago
  • Sioux Falls, SD
  • 45+ 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...

Inside Sales Mortgage Loan Officer

  • Sioux Falls, SD
  • 30+ days ago
  • Sioux Falls, SD
  • 30+ days ago

Understands and navigates within the loan origination system; ensuring full understanding of compliance and meet all requirements....

SBA Loan Officer

  • Sioux Falls, SD
  • 30+ days ago
  • Sioux Falls, SD
  • 30+ days ago

Launched in 2014, BFI has several coast-to-coast lending programs and is a lender service provider for Small Business Association (SBA) Loans consistent with the 7(a) lending program....

Mortgage Loan Officer II

  • Sioux Falls, SD
  • 30+ days ago
  • Sioux Falls, SD
  • 30+ days ago

Seek, identify, and solicit potential mortgage loan customers, to enhance a sales culture within the Mortgage Lending Department, while maximizing profitability and minimizing risk to the bank. 2....

Loan Servicing Specialist

  • Sioux Falls, SD
  • 45+ days ago
  • Sioux Falls, SD
  • 45+ days ago

(BFI) is a mortgage lender to home building companies and rental home investment companies across the country....

Commercial Loan Officer

  • Brandon, SD (6 miles from Sioux Falls, SD)
  • 45+ days ago
  • Brandon, SD (6 miles from Sioux Falls, SD)
  • 45+ 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...

Commercial Loan Officer

  • Harrisburg, SD (9 miles from Sioux Falls, SD)
  • 45+ days ago
  • Harrisburg, SD (9 miles from Sioux Falls, SD)
  • 45+ 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...

Commercial Loan Officer

  • Tea, SD (10 miles from Sioux Falls, SD)
  • 45+ days ago
  • Tea, SD (10 miles from Sioux Falls, SD)
  • 45+ 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...

Commercial Loan Officer

  • Canton, SD (17 miles from Sioux Falls, SD)
  • 45+ days ago
  • Canton, SD (17 miles from Sioux Falls, SD)
  • 45+ 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...

Commercial Loan Officer

  • Lennox, SD (17 miles from Sioux Falls, SD)
  • 45+ days ago
  • Lennox, SD (17 miles from Sioux Falls, SD)
  • 45+ 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...

Commercial Loan Officer

  • Hartford, SD (14 miles from Sioux Falls, SD)
  • 45+ days ago
  • Hartford, SD (14 miles from Sioux Falls, SD)
  • 45+ 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...

Commercial Loan Officer

  • Dell Rapids, SD (18 miles from Sioux Falls, SD)
  • 45+ days ago
  • Dell Rapids, SD (18 miles from Sioux Falls, SD)
  • 45+ 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...

Demographic Data for Sioux Falls, SD

Moving to Sioux Falls, SD? Find some basic demographic data about Sioux Falls, SD below.


Local
National
199,599
6,289
Medium/Lg

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...
Start a Profitable Career as a Mortgage Loan Originator
One of the only online mortgage courses that actually teaches you how to go from completing a loan application to closing a loan and running DU in the process. Once you become licensed as a...

Title Synonyms

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Salary for Loan Originator Jobs in Sioux Falls, SD

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 Sioux Falls, SD offer the following education background
Bachelor's Degree
38.0%
High School or GED
20.7%
Master's Degree
13.7%
Associate's Degree
13.2%
Vocational Degree or Certification
10.6%
Some College
2.1%
Doctorate Degree
1.1%
Some High School
0.6%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Originators in Sioux Falls, SD
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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