Loan Underwriter Jobs in Monarch Bay, 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.
Account Executive Officer/Senior Underwriter, Technology & Life Sciences Loss Sensitive
- Irvine, CA (18 miles from Monarch Bay, CA)
- 1 hour ago
- Irvine, CA (18 miles from Monarch Bay, CA)
- 1 hour 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...
Account Executive Officer/Senior Underwriter Middle Market Commercial Accounts
- Irvine, CA (18 miles from Monarch Bay, CA)
- 1 day ago
- Irvine, CA (18 miles from Monarch Bay, CA)
- 1 day 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...
Account Executive Officer/Senior Underwriter National Accounts
- Irvine, CA (18 miles from Monarch Bay, CA)
- 1 day ago
- Irvine, CA (18 miles from Monarch Bay, CA)
- 1 day 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...
- Irvine, CA (18 miles from Monarch Bay, CA)
- 6 days ago
- Irvine, CA (18 miles from Monarch Bay, CA)
- 6 days ago
meetings Maintain a complete understanding of the Bank's lending objectives, its credit policies, and procedure, and the underwriting process, as well as various Bank lending products; this includes...
VP, Senior Underwriter Portfolio Manager MMB - (Hybrid) Irvine/Santa Monica
- Irvine, CA (18 miles from Monarch Bay, CA)
- 16 days ago
- Irvine, CA (18 miles from Monarch Bay, CA)
- 16 days ago
High School Diploma or GED and 10 years of experience in Finance, Banking Preferred: Bachelor's degree with courses relevant to business and financial analysis 10 years of experience in commercial lending...
Compliance Manager / Loan Closing Associate
- Irvine, CA (18 miles from Monarch Bay, CA)
- 20 days ago
- Irvine, CA (18 miles from Monarch Bay, CA)
- 20 days ago
CoreVest is the leading private lender to residential real estate investors nationwide....
VP, Senior Underwriter Portfolio Manager MMB - Irvine/Santa Monica
- Irvine, CA (18 miles from Monarch Bay, CA)
- 21 days ago
- Irvine, CA (18 miles from Monarch Bay, CA)
- 21 days ago
High School Diploma or GED and 10 years of experience in Finance, Banking Preferred: Bachelor's degree with courses relevant to business and financial analysis 10 years of experience in commercial lending...
VP, Senior Underwriter Portfolio Manager MMB - San Diego
- Irvine, CA (18 miles from Monarch Bay, CA)
- 28 days ago
- Irvine, CA (18 miles from Monarch Bay, CA)
- 28 days ago
School Diploma or GED and 10 years of experience in Finance, Banking Preferred: Preferred: Bachelor's degree with courses relevant to business and financial analysis 7 years of experience in commercial lending...
Sr Financial Underwriter, Employer Direct - Remote
- Irvine, CA (18 miles from Monarch Bay, CA)
- 30+ days ago
- Irvine, CA (18 miles from Monarch Bay, CA)
- 30+ days ago
Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by...
Remote WorkDemographic Data for Monarch Bay, CA
Moving to Monarch Bay, CA? Find some basic demographic data about Monarch Bay, CA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Monarch Bay, CA
Highest Education Level
Loan Underwriters in Monarch Bay, CA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Military Background
- Marketing & Sales
- Property and Casualty Insurance
- Reimbursement
- CPCU
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Credit Underwriting
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Financial Services
- USDA
- Cash Flow Analysis
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Risk Analysis
- Financial Analysis
- Real Estate
- Risk Management
- Closing
- Strategy Development
- Finance
- Accounting
- Quality Control
- Written Communication
- Negotiation
- Verbal Communication
- Mentoring
- Collaboration
- Documentation
- Reporting
- Bachelor's Degree
- Coaching
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- Organization
- Customer Service
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Underwriter Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »