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Loan Originator is responsible for developing and managing client relationships to originate a variety of loan products including personal, auto, mortgage, and business loans. This professional serves as the primary point of contact for loan applicants, guiding them through the process from initial inquiry to closing. The Loan Originator is expected to drive business growth by networking, identifying prospects, assessing client needs, and delivering exemplary customer service while ensuring full compliance with banking and regulatory guidelines.
Job Responsibility:
Proactively source and generate new loan business through community involvement, networking, marketing campaigns, and referrals
Evaluate applicants' financial backgrounds, needs, and creditworthiness using bank guidelines and lending standards
Explain loan options, terms, and requirements to prospective borrowers, helping them select the best financial products to meet their goals
Collect and review necessary financial documentation from applicants to start the loan process
Complete loan applications and submit accurate, timely paperwork to the processing and underwriting team
Maintain regular communication with clients throughout the application and approval process, providing updates and resolving questions or concerns
Meet or exceed established sales and customer satisfaction goals
Stay current on loan products, industry trends, market conditions, and regulatory requirements
Develop and maintain relationships with realtors, builders, and related professionals to cultivate referral business opportunities
Ensure all loan files are maintained and processed in compliance with bank policies and government regulations
Requirements:
High school diploma or equivalent required
associate’s or bachelor’s degree in finance, business, or a related field preferred
Prior experience in loan origination, banking, or financial services is highly desirable
Strong sales, relationship-building, and negotiation skills
Excellent written and verbal communication abilities
Detail-oriented with strong organizational skills and the ability to manage multiple clients simultaneously
Familiarity with lending regulations (e.g., RESPA, TILA, HMDA, TRID) preferred
Proficiency with banking software and Microsoft Office Suite
What we offer:
medical, vision, dental, and life and disability insurance