Loan Originator Jobs in Memphis, TN
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.
- Millington, TN (16 miles from Memphis, TN)
- 1 day ago
- Millington, TN (16 miles from Memphis, TN)
- 1 day ago
Loan Sales Specialist will learn the lending and servicing business at OneMain allowing them to grow their career....
This position is expected to utilize sound lending skills, maximize potential profits, and follow policies for effective collection of accounts....
- Bartlett, TN (15 miles from Memphis, TN)
- 10 days ago
- Bartlett, TN (15 miles from Memphis, TN)
- 10 days ago
Must also meet one of the following 3 options: Actively funding more than 2 loans/month, or Xinnix Training completion for Loan Origination required, or Origination mentor assigned to new Loan Officer...
- Southaven, MS (13 miles from Memphis, TN)
- 23 days ago
- Southaven, MS (13 miles from Memphis, TN)
- 23 days ago
Commercial Lender A growing, independent bank is looking to add an experienced Commercial Lender to its team and increase market presence....
- Hernando, MS (24 miles from Memphis, TN)
- 25 days ago
- Hernando, MS (24 miles from Memphis, TN)
- 25 days ago
Working knowledge of lending regulations preferred. NMLS Language As part of the employment process for this position, you will have to meet the requirements of a background credit check....
are expected to manage large and complex commercial loan customers Qualifications for the Lender/Loan Officer 3+ years of direct commercial lending experience Must have a proven track record in business...
Overview The purpose of this job is to manage and promote community lending products and activities throughout the Trustmark National Bank service area, with a focus on assisting borrowers in low to...
Two or more years of experience in residential mortgage lending with solid knowledge of the local market and regulations. Previous sales awards and leadership positions....
Financial Services Representative Have a passion for helping people? Join our team of Financial Services Representative where youll have dedicated time to focus on growth and career development,...
All employees meeting the definition of MLO must be registered with the Nationwide Mortgage Licensing System & Registry (NMLS)....
Maintain relationships with realtors by providing superior service Originate and promote Trustmarks Community Lending Loans and Products Coordinate and assist the mortgage dept. in the origination and...
Demographic Data for Memphis, TN
Moving to Memphis, TN? Find some basic demographic data about Memphis, TN below.
Loan Originator Online Courses and Training Opportunities
Title Synonyms
Users interested in this job title also searched for the following job titles
Salary for Loan Originator Jobs in Memphis, TN
Required or preferred licenses and certifications for Loan Originator positions.
Highest Education Level
Loan Originators in Memphis, TN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Originator position
- Goal Oriented
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Nationwide Mortgage Licensing System & Registry
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Private Banking
- Loan Processing
- OFAC
- Credit Underwriting
- Mortgage Processing
- Credit Analysis
- USDA
- Loan Servicing
- Financial Services
- Underwriting
- Appraisal
- Portfolio Management
- Real Estate
- Sales Management
- Customer Satisfaction
- Referrals
- Finance
- Closing
- Collections
- Business Development
- Accounting
- Listening
- Customer Relations
- High School Diploma
- Retail
- Written Communication
- Negotiation
- Telephone Skills
- Documentation
- Filing
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Bilingual
- Organization
- Customer Service
- Scheduling
- Computer Skills
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Originator Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »