Lending Officer jobs in Middlesex, NJ

Lending Officer conducts lending activities for an assigned market or geographic area. Develops a pipeline of customers through referrals, inquiries, and outreach. Being a Lending Officer performs a due diligence review of potential borrowers, including a risk and financial analysis. Structures loan proposals, prepares credit memos, and presents to loan committee for approval. Additionally, Lending Officer may manage a portfolio of existing loans, including reviewing financial reporting, monitoring compliance with loan terms, and handling loan modifications or workouts. Ensures adherence to regulations, bank credit policies, and procedures. Typically requires a bachelor's degree. Typically reports to a manager. The Lending Officer work is closely managed. Works on projects/matters of limited complexity in a support role. To be a Lending Officer typically requires 0-2 years of related experience. (Copyright 2024 Salary.com)

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Mortgage Loan Originator
  • MLB RESIDENTIAL LENDING LLC
  • Kenilworth, NJ OTHER
  • Job Details

    Level:    Experienced
    Job Location:    NJ5007(Kenliworth NJ) - Kenilworth, NJ
    Position Type:    Full Time
    Education Level:    2 Year Degree
    Salary Range:    Undisclosed
    Job Shift:    Any
    Job Category:    Sales

    Description

    Position Summary

    The Mortgage Loan Originator is primarily responsible for analyzing customer needs, and selling loans and other financial products. Maintains up-to-date knowledge products and
    services in order to better meet customer needs.

    Essential Job Functions

    • Support and comply with Company policies and consistently execute Company mission statement
    • Work closely with manager to learn all aspects of mortgage sales
    • Meet with applicants to obtain information for loan applications and to answer questions about the process
    • Drive to customer locations in a safe and courteous manner and in adherence with
    • Federal, state and local laws and Company policies
    • Analyze applicant financial status, credit and property evaluations to determine feasibility of granting loans
    • Strictly adhere to Required Documentation Policy
    • Explain to customers the different types of loans and credit options that are available as well as the terms of those options
    • Obtain and compile copies of applicant credit histories, corporate financial statements and other financial information
    • Review and update credit and loan files
    • Review loan agreements to ensure that they are complete and accurate according to policy
    • Compute payment and amortization schedules
    • Stay abreast of new types of loans and other financial services and products in order to better meet customer needs
    • Submit applications to processors for verification and recommendation
    • Handle customer questions and take appropriate action to fully address any customer concerns
    • Work with clients to identify their financial goals and to find ways of reaching those goals
    • Confer with processors and underwriters to aid in resolving mortgage application problems
    • Analyze potential loan markets and develop referral networks in order to locate prospects for loans
    • Provide weekly planner to management
    • Maintain open and consistent communication with sales support staff, management, referral sources and customers during business hours
    • Attend Company mandated industry events (MBA Convention, Realtor Convention, fund raisers, etc.) and actively network
    • Host 2 forums annually
    • Attend a minimum of 2 open houses monthly
    • Schedule and attend quarterly meetings with Sales Manager
    • Provide quarterly marketing budget to be approved by management
    • Support Sales Assistant by monitoring loan status remotely
    • Approve final CD in writing for all loans
    • Follow quality control policies and procedures
    • Notify supervisor of any issues or discrepancies identified in the loan file
    • Maintain the cleanliness and organization of work area
    • Perform other duties as assigned

    Qualifications


    Qualifications

    • 1-2 Years' experience as a loan originator in the residential lending industry is preferred
    • 1-2 Years' sales experience in some facet of financial services
    • Valid NMLS Mortgage Loan Originator License for the state in which they originate loans
    • Associates degree is preferred
    • Proficiency in MS Office Suite and Adobe Acrobat
    • Valid driver license with a good driving record

    Knowledge, Skills and Abilities

    • Knowledge of sales and marketing principles and analysis, and methods for showing, promoting, and selling products or services. This includes marketing strategy and tactics, product demonstration, sales techniques, sales control systems and reporting
    • Ability to multi-task, prioritize and stay organized in a fast paced environment
    • Ability to work well in a high energy, deadline-driven environment
    • Ability to be resourceful and find alternative solutions, conclusions or approaches to problems
    • Basic math aptitude, sufficient to add, subtract, multiply and divide
    • Exceptional interpersonal, written and verbal communication skills
    • Demonstrated commitment and adherence to MLB's core competencies of:
      • Occupational Integrity
      • T earn-Oriented
      • Responsible
      • Analytical
      • Service-Minded

    Physical Demands of the Job

    • The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
    • Making substantial movements (motions) of the wrists, hands, and/or fingers to type, file, perform clerical tasks, and/or operate a computer
    • Speaking/talking to express or exchange ideas or provide instructions
    • Hearing with or without correction to perceive normal speaking levels. Must have the ability to receive detailed information through oral communication
    • Sitting at a desk the majority of the time
    • Standing/remaining upright on the feet periodically
    • Walking/moving about on feet to accomplish tasks, from one part of the office to another
    • Visual acuity with or without correction to prepare and analyze data and figures, view a computer terminal, read extensively, operate office machines, determine the accuracy, neatness and thoroughness of the work assigned, and operate a motor vehicle

    Work Environment

    • The work environment characteristics described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.
    • The worker is subject to an office environment and/or other temperature controlled environments where there is climate-control, not substantially exposed to adverse environmental conditions
    • The worker is subject to normal noise levels

     

  • 18 Days Ago

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Mortgage Loan Originator
  • MLB RESIDENTIAL LENDING LLC
  • Plainfield, NJ OTHER
  • Job Details Level: Experienced Job Location: NJ8005CB (North Plainfield, NJ) - North Plainfield, NJ Position Type: Full Time Education Level: 2 Year Degree Salary Range: Undisclosed Job Shift: Any Job...
  • 18 Days Ago

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Fair Lending Analyst
  • The Provident Bank of New Jersey
  • Woodbridge, NJ FULL_TIME
  • How would you like to join one of the most highly regarded financial institutions in New Jersey with deep roots in the community? Provident is a successful and highly regarded multi-billion dollar ban...
  • 1 Month Ago

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Security Officer
  • Hackensack Meridian Health
  • Edison, NJ FULL_TIME
  • Overview Hackensack Meridian Health's New Security Program to Increase Patient Safety! HMH is launching new security initiatives (including a new Wand program). Immediate openings now across all our l...
  • 11 Days Ago

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Security officer
  • Harvard
  • Woodbridge, NJ FULL_TIME
  • Company Overview : Harvard Protection Services is one of the fastest growing, privately owned provider of high-quality security services in the United States. We are an industry leader and are well kn...
  • 11 Days Ago

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Loan Officer
  • Paramount Residential Mortgage Group
  • Eatontown, NJ FULL_TIME
  • Overview PRMG is Built by Originators for Originators. There is a reason why PRMG is consistently voted one of the best places to work. We focus on the areas that make an Originator successful and hav...
  • 12 Days Ago

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0 Lending Officer jobs found in Middlesex, NJ area

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Finance/Business Manager - Stars and Stripes Harley-Davidson
  • Stars & Stripes Harley-Davidson
  • Fort Washington, PA
  • Job Title: Business Manager Department: Business/F&I Supervisor: General Sales Manager and/or General Manager Summary De...
  • 3/18/2024 12:00:00 AM

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Automotive Finance Manager
  • Crazy Cars Auto Sales Llc
  • Hillside, NJ
  • Job Description Job Description Qualifications •High school diploma or general education degree (GED); or one to three m...
  • 3/17/2024 12:00:00 AM

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Processing Paralegal & Bank Closer for Banking Department of Law Firm
  • RICHARD H LEE
  • Flushing, NY
  • Job Description Job Description Busy and fast paced real estate and banking law firm with offices in Queens, Manhattan, ...
  • 3/17/2024 12:00:00 AM

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Attorney
  • StraussGroup - Executive Search Consultants
  • New York, NY
  • Our client, a well-established and highly respected law firm, is looking to add a Banking and Finance Attorney to their ...
  • 3/17/2024 12:00:00 AM

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Senior C&I Business Development Officer/Lender
  • Blue Foundry Bank
  • Parsippany, NJ
  • Job Type: Full-time Location: Parsippany, NJ Summary: We are excited to expand our C&I Business Development team to incl...
  • 3/16/2024 12:00:00 AM

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Relationship Manager (Hybrid/In- Office M, W, Th)
  • CoreVest American Finance Lender LLC
  • New York, NY
  • CoreVest American Finance (CAF) is the leading provider of debt financing for residential real estate investors. We prov...
  • 3/16/2024 12:00:00 AM

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Finance/Business Manager - Stars and Stripes Harley-Davidson
  • Stars & Stripes Harley-Davidson
  • Langhorne, PA
  • Job Title: Business Manager Department: Business/F&I Supervisor: General Sales Manager and/or General Manager Summary De...
  • 3/16/2024 12:00:00 AM

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Sr. Credit Analyst - To 85K - East Brunswick, NJ - Job # 2725T
  • The Symicor Group
  • East Brunswick, NJ
  • The Position Our bank client is seeking to fill a Sr. Credit Analyst role in the East Brunswick, NJ market. The successf...
  • 3/14/2024 12:00:00 AM

Middlesex is a borough in Middlesex County, New Jersey, United States. As of the 2010 United States Census, the borough's population was 13,635 reflecting a decline of 82 (-0.6%) from the 13,717 counted in the 2000 Census, which had in turn increased by 662 (+5.1%) from the 13,055 counted in the 1990 Census. Middlesex was incorporated as a borough by an act of the New Jersey Legislature on April 9, 1913, from portions of Piscataway Township, based on the results of a referendum held on May 6, 1913.[21] The borough's name derives from Middlesex, England.[22][23] According to the United States C...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Lending Officer jobs
$53,988 to $71,512
Middlesex, New Jersey area prices
were up 1.5% from a year ago

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