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Job Summary:
We are seeking an experienced and motivated Loan Originator to join our team. As the Loan Originator, you will be responsible for overseeing the loan origination process (commercial real estate loans, bridge loans, hard money loans, business loans), ensuring compliance with regulations, and managing a deal and broker pipeline.
Duties:
- Oversee the loan origination process from application to closing, ensuring efficiency and accuracy
- Develop and implement strategies to increase loan production and meet sales targets
- Review loan applications and conduct credit analysis to determine eligibility and risk assessment
- Collaborate with brokers and borrowers to streamline processes and improve customer experience
- Stay updated on industry trends, market conditions, and changes in lending practices
Qualifications:
- Bachelor's degree in finance or related field is preferred but not required.
- Proven experience in real estate and business loan origination (MCA, factoring, small balance business loans, etc.) or related financial services role strongly preferred.
- Strong knowledge of mortgage servicing, credit analysis, and lending practices
- Excellent leadership skills with the ability to motivate and develop a team
- Exceptional attention to detail and strong analytical skills
We offer competitive compensation packages with commission pay and bonus. Benefits are available for highly producing originators after 6 months.
Job Types: Full-time, Part-time, Contract
Pay: $50,819.82 - $81,202.37 per year
Expected hours: 15 – 40 per week
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Work Location: Hybrid remote in Hoboken, NJ 07030
Part Time | Contractor | Full Time
$64k-85k (estimate)
05/10/2024
06/11/2024
The job skills required for Loan Originator include Attention to Detail, Loan Origination, Loan Review, Leadership, etc. Having related job skills and expertise will give you an advantage when applying to be a Loan Originator. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Loan Originator. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Loan Originator positions, which can be used as a reference in future career path planning. As a Loan Originator, it can be promoted into senior positions as a Loan Processor II that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Loan Originator. You can explore the career advancement for a Loan Originator below and select your interested title to get hiring information.