Loan Underwriter Jobs in West Covina, 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.
Compliance Manager / Loan Closing Associate
- Irvine, CA (24 miles from West Covina, CA)
- 7 hours ago
- Irvine, CA (24 miles from West Covina, CA)
- 7 hours ago
CoreVest is the leading private lender to residential real estate investors nationwide....
VP, Senior Underwriter Portfolio Manager MMB - Irvine/Santa Monica
- Irvine, CA (24 miles from West Covina, CA)
- 1 day ago
- Irvine, CA (24 miles from West Covina, CA)
- 1 day 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 (24 miles from West Covina, CA)
- 8 days ago
- Irvine, CA (24 miles from West Covina, CA)
- 8 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...
- Los Angeles, CA (18 miles from West Covina, CA)
- 10 days ago
- Los Angeles, CA (18 miles from West Covina, CA)
- 10 days ago
Your responsibilities willinclude the analysis of eligible prospects, adherence to theorganization's credit policies, and collaboration with theorganization's loan processing / intake analysts and clients...
- Los Angeles, CA (18 miles from West Covina, CA)
- 14 days ago
- Los Angeles, CA (18 miles from West Covina, CA)
- 14 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...
- Los Angeles, CA (18 miles from West Covina, CA)
- 15 days ago
- Los Angeles, CA (18 miles from West Covina, CA)
- 15 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 (24 miles from West Covina, CA)
- 23 days ago
- Irvine, CA (24 miles from West Covina, CA)
- 23 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 WorkBilingual Senior Underwriter, Insurance Lending Solutions
- Ontario, CA (16 miles from West Covina, CA)
- 23 days ago
- Ontario, CA (16 miles from West Covina, CA)
- 23 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 (16 miles from West Covina, CA)
- 23 days ago
- Ontario, CA (16 miles from West Covina, CA)
- 23 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 (24 miles from West Covina, CA)
- 30+ days ago
- Irvine, CA (24 miles from West Covina, CA)
- 30+ days ago
The Portfolio Manager/Underwriter - Commercial Real Estate is responsible for underwriting, reviewing, and monitoring an assigned portfolio of multifamily and commercial real estate term loans to...
- Los Angeles, CA (18 miles from West Covina, CA)
- 60+ days ago
- Los Angeles, CA (18 miles from West Covina, CA)
- 60+ days ago
processing tasks 3 MAJOR RESPONSIBILITIES & DUTIES Underwriting and Credit Analysis 60Perform underwriting for business loans assessing risk repayment ability and compliance with lending policies Analyze...
- Los Angeles, CA (18 miles from West Covina, CA)
- 90+ days ago
- Los Angeles, CA (18 miles from West Covina, 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...
RN Case Manager - Loan Forgiveness & $20,000 Sign-on Bonus - Full Time, Days (Hollywood)
- Hollywood, CA (22 miles from West Covina, CA)
- 90+ days ago
- Hollywood, CA (22 miles from West Covina, CA)
- 90+ days ago
The RN Case Manager is responsible for performing clinical assessment and reassessment of acute care Inpatients for the purpose of performing utilization review, resource management and safe...
Demographic Data for West Covina, CA
Moving to West Covina, CA? Find some basic demographic data about West Covina, CA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in West Covina, CA
Highest Education Level
Loan Underwriters in West Covina, 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
- Reimbursement
- CPCU
- Mortgage Lending
- Loan Origination
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Credit Underwriting
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Mortgage Underwriting
- Financial Services
- USDA
- Cash Flow Analysis
- Internal Control
- Underwriting
- Financial Statements
- Fraud Investigation
- Portfolio Management
- Risk Analysis
- Appraisal
- Financial Analysis
- Resolution
- Real Estate
- Finance
- Analytical Skills
- Accounting
- Quality Control
- Auditing
- Negotiation
- Mentoring
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Leadership
- Communication Skills
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