Loan Underwriter Jobs in Calabasas, CA
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.
Loan Review Analyst - Westlake Village, CA
- Westlake Village, CA (4 miles from Calabasas, CA)
- 3 days ago
- Westlake Village, CA (4 miles from Calabasas, CA)
- 3 days ago
processing, analysis, or post-closing Previous correspondent lending experience is a plus Previous experience with Encompass, Black Knight, or other systems strongly preferred Must be self-motivated...
- Beverly Hills, CA (21 miles from Calabasas, CA)
- 5 days ago
- Beverly Hills, CA (21 miles from Calabasas, CA)
- 5 days ago
Submit Credit Memorandums to loan approvers and provide support to loan processors as needed to close approved loans....
- Westlake Village, CA (4 miles from Calabasas, CA)
- 10 days ago
- Westlake Village, CA (4 miles from Calabasas, CA)
- 10 days ago
processors, underwriting, income verification, appraisal Additional Skills & Qualifications Bachelor's degree preferred 1-3 year's RESIDENTIAL Mortgage Experience * Experience with asset documents...
- Sherman Oaks, CA (19 miles from Calabasas, CA)
- 14 days ago
- Sherman Oaks, CA (19 miles from Calabasas, CA)
- 14 days ago
Experience in fix & flip or construction lending is required. Knowledge of real estate lending and loan structuring....
Mortgage Underwriter Training Program
- Chatsworth, CA (13 miles from Calabasas, CA)
- 16 days ago
- Chatsworth, CA (13 miles from Calabasas, CA)
- 16 days ago
As we continue to grow, were seeking sharp, motivated professionals eager to build a career in mortgage underwriting....
Senior Underwriter NonQM/Non-Agency
- Chatsworth, CA (13 miles from Calabasas, CA)
- 16 days ago
- Chatsworth, CA (13 miles from Calabasas, CA)
- 16 days ago
CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products....
Demographic Data for Calabasas, CA
Moving to Calabasas, CA? Find some basic demographic data about Calabasas, CA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Calabasas, CA
Required or preferred licenses and certifications for Loan Underwriter positions.
Highest Education Level
Loan Underwriters in Calabasas, CA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Presentation
- 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
- BSA
- Loan Processing
- Federal National Morgage Association
- Commercial Lending
- Encompass
- Freddie Mac
- Know Your Customer
- Fannie Mae
- FHLMC
- Cross Selling
- OFAC
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Cash Flow Analysis
- USDA
- Underwriting
- Anti-Money Laundering
- Financial Statements
- Portfolio Management
- Appraisal
- Due Diligence
- Financial Analysis
- Real Estate
- Risk Management
- Finance
- Closing
- Decision Making
- High School Diploma
- Negotiation
- Written Communication
- Documentation
- Accounting
- Coaching
- Mentoring
- Collaboration
- Policy Development
- Bachelor's Degree
- Filing
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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