Loan Originator Jobs in Federal Way, WA

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 32 Jobs

Loan Officer

  • Seattle, WA (21 miles from Federal Way, WA)
  • 1 day ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 1 day ago

Proficient in Microsoft Office Suite and other loan processing software. Loan Officer license (NMLS). Equal Opportunity Statement: West Capital Lending is an equal opportunity employer....

Mortgage Loan Officer - Tacoma

  • Tacoma, WA (9 miles from Federal Way, WA)
  • 3 days ago
  • Tacoma, WA (9 miles from Federal Way, WA)
  • 3 days ago

Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....

Community Development Loan Officer - Puyallup, WA

  • Puyallup, WA (7 miles from Federal Way, WA)
  • 3 days ago
  • Puyallup, WA (7 miles from Federal Way, WA)
  • 3 days ago

Responsibilities Prospects home lending business to build and develop new client loan originations and relationships and new originations....

Business Loan Broker, Seattle

  • Seattle, WA (21 miles from Federal Way, WA)
  • 3 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 3 days ago

Through our extensive network of trusted lenders, we help businesses secure the financing they need to grow and succeed....

Junior Loan Officer/Loan Officer Assistant

  • Kent, WA (4 miles from Federal Way, WA)
  • 3 days ago
  • Kent, WA (4 miles from Federal Way, WA)
  • 3 days ago

You'll be on the front end of working for an innovative large community bank that is a leader in mortgage lending and community banking and growing in middle-market commercial and real estate lending...

Mortgage Loan Officer

  • Tacoma, WA (9 miles from Federal Way, WA)
  • 5 days ago
  • Tacoma, WA (9 miles from Federal Way, WA)
  • 5 days ago

Required to have or obtain a Mortgage Loan Originator registration number through the Nationwide Mortgage Licensing System & Registry (NMLS) Ability to work independently and perform problem solving...

Assistant Vice President / Senior Loan Originator

  • Renton, WA (10 miles from Federal Way, WA)
  • 6 days ago
  • Renton, WA (10 miles from Federal Way, WA)
  • 6 days ago

Compensation Assistant Vice President / Senior Loan Originator (Category 19) Salary Pay Range: $22,000 - $32,800 annually....

Mortgage Loan Officer

  • Kent, WA (4 miles from Federal Way, WA)
  • 6 days ago
  • Kent, WA (4 miles from Federal Way, WA)
  • 6 days ago

Knowledge of mortgage loan origination processes and procedures, regulations, and underwriting. Possess effective presentation, verbal and written communication, and negotiation skills....

Regional Loan Officer - Seattle, WA

  • Seattle, WA (21 miles from Federal Way, WA)
  • 6 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 6 days ago

You'll work closely with internal teams to facilitate smooth and timely loan processing....

Loan Officer Assistant

  • Bellevue, WA (21 miles from Federal Way, WA)
  • 7 days ago
  • Bellevue, WA (21 miles from Federal Way, WA)
  • 7 days ago

Qualifications High school diploma or equivalent is preferred, along with at least two years of experience in Mortgage lending or related field. Active MLO licensing required....

Loan Servicing Specialist

  • Federal Way, WA
  • 8 days ago
  • Federal Way, WA
  • 8 days ago

Loan Servicing Specialist Job ID: 24801 Federal Way, Washington Onsite Contract Mortgage & Banking Job Details Loan Servicing Specialist needed for a financial institution in Federal Way. Job ID:...

Community Development Mortgage Loan Officer

  • Seattle, WA (21 miles from Federal Way, WA)
  • 8 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 8 days ago

Assist in branch support for product questions, cross training programs, CRM and pipeline management as well as on-boarding support for new mortgage lenders with the specific goal of meeting and exceeding...

SBA Loan Officer

  • Seattle, WA (21 miles from Federal Way, WA)
  • 12 days ago
  • Seattle, WA (21 miles from Federal Way, WA)
  • 12 days ago

Must have good understanding and working knowledge of commercial lending terminology, loan processing, loan documentation and lending procedures....

Commercial Loan Officer

  • Tacoma, WA (9 miles from Federal Way, WA)
  • 12 days ago
  • Tacoma, WA (9 miles from Federal Way, WA)
  • 12 days ago

Actively seeking an experienced commercial lender to join a team of successful professionals who will collectively develop creative financing solutions to resolve complex and often unique issues for...

Loan Officer Assistant

  • Lakewood, WA (11 miles from Federal Way, WA)
  • 13 days ago
  • Lakewood, WA (11 miles from Federal Way, WA)
  • 13 days ago

General clerical and phone support to loan officers and/or loan processors, as needed. Work with management to provide support in various stages and areas of lending and processing as needed....

Demographic Data for Federal Way, WA

Moving to Federal Way, WA? Find some basic demographic data about Federal Way, WA below.


Local
National
7,705,271
197,951

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 Federal Way, WA

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 Federal Way, WA 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 Federal Way, WA
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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