Loan Underwriter Jobs in Arizona
A Loan Underwriter in the banking industry is responsible for evaluating and approving or rejecting loan applications based on the borrower's creditworthiness. They assess the risk involved in lending money to a particular borrower by scrutinizing their financial information, including credit history, income, employment stability, and debt-to-income ratio. They also establish lending terms and conditions, ensure compliance with regulatory standards, and communicate decisions and related information to applicants and loan officers. Since loan underwriting involves significant decision making, it plays a crucial role in maintaining the financial health and sustainability of a bank.
Prior to their role as a Loan Underwriter, an individual may have experience as a Loan Processor, Credit Analyst, or Financial Advisor. These positions help to build a solid foundation in credit analysis, risk assessment, and financial advisory, which are essential skills for Loan Underwriters. Loan Underwriters should have strong analytical, decision-making, and communication skills. They should also possess a detailed knowledge of credit and lending procedures, as well as relevant regulatory standards. Certifications such as the Mortgage Loan Originator (MLO) license or Certified Mortgage Underwriter (CMU) can enhance their credibility and career prospects in the industry.
Understands and can effectively apply mortgage lending policies to all mortgage lending situations....
Skills and Job-Specific Competencies: - Solid knowledge of mortgage underwriting and basic automated underwriting systems. - Proficiency with basic automated underwriting systems....
Must possess sound area of underwriting in areas of commercial lending such as commercial real estate, commercial and industrial lending and SBA lending....
AmeriSave Mortgage has set the standard in online mortgage lending with over $130 billion in funded loan volume....
Remote WorkAmeriSave Mortgage has set the standard in online mortgage lending with over $130 billion in funded loan volume....
Remote WorkBasic Qualifications - Bachelor's degree, or equivalent work experience - Five or more years of mortgage underwriting experience Preferred Skills/Experience - Advanced understanding of factors affecting...
Support related duties as assigned, contributing to a smooth and efficient loan process....
Account Executive Officer/Senior Underwriter Commercial Accounts
- Phoenix, AZ
- 19 days ago
- Phoenix, AZ
- 19 days ago
Who Are We? Taking care of our customers, our communities and each other. Thats the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
This is an opportunity to join Ascot Group - one of the world's preeminent specialty risk underwriting organizations. Designed as a modern-era company operating through an ecosystem of...
Remote WorkDemographic Data for Arizona
Moving to Arizona? Find some basic demographic data about Arizona below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Arizona
Required or preferred licenses and certifications for Loan Underwriter positions.
Highest Education Level
Loan Underwriters in Arizona offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Driving
- Property and Casualty Insurance
- CPCU
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- Tila Respa Integrated Disclosures
- VA Loans
- Conventional Loans
- Commercial Lending
- BSA
- Loan Processing
- Federal National Morgage Association
- FHLMC
- Encompass
- Freddie Mac
- Fannie Mae
- Cross Selling
- OFAC
- Mortgage Processing
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- USDA
- Valuation
- Underwriting
- Financial Statements
- Portfolio Management
- Appraisal
- Due Diligence
- Financial Analysis
- File Management
- Real Estate
- Risk Management
- Closing
- Finance
- Decision Making
- Accounting
- Negotiation
- Written Communication
- Documentation
- Coaching
- Verbal Communication
- Mentoring
- Collaboration
- Filing
- Policy Development
- Bachelor's Degree
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Time Management
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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