Loan Underwriter Jobs in Pomona, 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.

1-12 of 12 Jobs

Mortgage - Underwriter

  • Corona, CA (16 miles from Pomona, CA)
  • 2 days ago
  • Corona, CA (16 miles from Pomona, CA)
  • 2 days ago

Qualifications Mortgage Underwriter Qualifications Minimum three years of mortgage underwriting experience, with solid working knowledge of underwriting guidelines....

VP, Senior Underwriter Portfolio Manager MMB - San Diego

  • Irvine, CA (17 miles from Pomona, CA)
  • 4 days ago
  • Irvine, CA (17 miles from Pomona, CA)
  • 4 days ago

Responsibilities Candidates will work within a team construct to take a leadership role in the credit underwriting and portfolio management of diverse debt solutions for middle-market companies....

SBA Senior Underwriter

  • Los Angeles, CA (24 miles from Pomona, CA)
  • 6 days ago
  • Los Angeles, CA (24 miles from Pomona, CA)
  • 6 days ago

Category: Lending Description: We are seeking an experienced and analytical SBA Senior Underwriterto join our team at PCR Business Finance....

Residential Mortgage Analyst

  • Los Angeles, CA (24 miles from Pomona, CA)
  • 10 days ago
  • Los Angeles, CA (24 miles from Pomona, CA)
  • 10 days ago

This role is responsible for managing all investor and agency audit responses, overseeing documentation flow across underwriting and operations, handling lender self-reporting requirements, and coordinating...

Commercial Loan Underwriter

  • Los Angeles, CA (24 miles from Pomona, CA)
  • 11 days ago
  • Los Angeles, CA (24 miles from Pomona, CA)
  • 11 days ago

Actively seeking an experienced Commercial Loan Underwriter to: Evaluate commercial credit requests. Prepare and recommend credit authorizations....

Sr Financial Underwriter, Employer Direct - Remote

  • Irvine, CA (17 miles from Pomona, CA)
  • 19 days ago
  • Irvine, CA (17 miles from Pomona, CA)
  • 19 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 Work

Bilingual Senior Underwriter, Insurance Lending Solutions

  • Ontario, CA (10 miles from Pomona, CA)
  • 19 days ago
  • Ontario, CA (10 miles from Pomona, CA)
  • 19 days ago

Proficient underwriting skills, with a minimum of 2-4 years of commercial lending experience. Insurance lending experience preferred....

Senior Underwriter, Insurance Lending Solutions

  • Ontario, CA (10 miles from Pomona, CA)
  • 19 days ago
  • Ontario, CA (10 miles from Pomona, CA)
  • 19 days ago

Proficient underwriting skills, with a minimum of 2-4 years of commercial lending experience. Insurance lending experience preferred....

Portfolio Manager/Underwriter - Commercial Real Estate

  • Irvine, CA (17 miles from Pomona, CA)
  • 30+ days ago
  • Irvine, CA (17 miles from Pomona, CA)
  • 30+ days ago

RESPONSIBILITIES Responsible and accountable for credit underwriting for existing customers including renewals, modifications, and annual reviews....

SBA Loan Underwriter

  • Los Angeles, CA (24 miles from Pomona, CA)
  • 45+ days ago
  • Los Angeles, CA (24 miles from Pomona, CA)
  • 45+ days ago

Actively seeking an experienced SBA Loan Underwriter to: Underwrite SBA loans in accordance with the Bank’s policies and procedures....

Senior Credit Underwriter

  • Los Angeles, CA (24 miles from Pomona, CA)
  • 60+ days ago
  • Los Angeles, CA (24 miles from Pomona, CA)
  • 60+ days ago

ensure that all program performance outcomes and requirements are met and exceeded The role may involve collaborating with other team members to meet performance outcomes compliance standards and lending...

Jr Underwriter - CIB

  • Los Angeles, CA (24 miles from Pomona, CA)
  • 90+ days ago
  • Los Angeles, CA (24 miles from Pomona, CA)
  • 90+ days ago

Complete initial analysis of proposed transactions. Responsibilities include financial spreading and modeling, industry research, comparable credit analysis, and identification of credit risks...

Demographic Data for Pomona, CA

Moving to Pomona, CA? Find some basic demographic data about Pomona, CA below.


Local
National
39,536,271
996,598

Loan Underwriter Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...
Get hired as a mortgage underwriter
Are you ready to kickstart a rewarding career in the mortgage industry? This course is your ultimate guide to becoming a mortgage underwriter-one of the most critical roles in the home lending...

Salary for Loan Underwriter Jobs in Pomona, CA

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Underwriters in Pomona, CA offer the following education background
Bachelor's Degree
44.6%
Master's Degree
16.7%
High School or GED
14.5%
Associate's Degree
11.2%
Vocational Degree or Certification
8.9%
Some College
2.5%
Doctorate Degree
1.2%
Some High School
0.4%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Underwriters in Pomona, CA
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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