Click n' Close Correspondent Lending

Loan Originator

A loan originator job description involves guiding clients through the loan process, from application to closing, by assessing their financial needs, gathering necessary documentation, and ensuring compliance with regulations. Key duties include building client relationships, maintaining up-to-date market knowledge, and working with other stakeholders like underwriters and real estate agents. Qualifications typically include a finance-related bachelor's degree, sales and customer service experience, strong communication skills, and a mortgage loan originator license for residential loans.

Key Responsibilities

• Client Consultation:

Interview clients to understand their loan needs and explain loan terms and product differences.

• Application Management:

Gather, review, and submit all required loan application documents and financial information to underwriting.

• Financial Assessment:

Analyze borrower creditworthiness and financial status to determine loan risk and viability.

• Compliance:

Ensure all activities and loan documentation adhere to company policies and industry regulations.

• Relationship Building:

Develop and maintain relationships with clients, financial institutions, real estate agents, and other relevant parties.

• Market Awareness:

Stay informed about industry trends, market conditions, and regulatory changes in the financial and real estate markets.

• Problem Resolution:

Handle customer inquiries and resolve any loan-related issues that arise.

Required Qualifications

• Education:

A bachelor's degree in finance, business, or a related field is often required, though relevant experience can sometimes substitute.

• Licensing:

A Mortgage Loan Originator (MLO) license is required for mortgage-related roles, involving pre-licensing courses, passing an exam, and background checks.

• Experience:

Previous experience in lending, banking, customer service, or sales is highly beneficial.

• Skills:
• Strong written and verbal communication skills.
• Exceptional customer service and interpersonal abilities.
• Proficiency in financial software and loan application systems.
• Excellent organizational and time management skills.
• Strong attention to detail and ability to handle confidential information.
• Sales skills and a results-oriented mindset to meet loan production goals.

This job specification should not be construed to imply that these requirements are the exclusive standards of the position. Click n’ Close, Inc is an Equal Opportunity Employer. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national or ethnic origin, age, disability, protected veteran status, or other characteristics protected by applicable law.