Loan Underwriter Jobs in California
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.
Commercial Credit Underwriter I / II - San Francisco
- San Francisco, CA
- 23 hours ago
- San Francisco, CA
- 23 hours ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
Commercial Real Estate Underwriter (Housing Capital)
- Newport Beach, CA
- 2 days ago
- Newport Beach, CA
- 2 days ago
experience in a finance/analytical related role Preferred Skills/Experience Background in economics, accounting, and/or finance and ability to apply knowledge in those areas to understanding the overall lending...
Sr Underwriter/Underwriter-Commercial Real Estate Banking
- Newport Beach, CA
- 2 days ago
- Newport Beach, CA
- 2 days ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
processors, underwriting, income verification, appraisal Additional Skills & Qualifications Bachelor's degree preferred 1-3 year's RESIDENTIAL Mortgage Experience * Experience with asset documents...
Manage a loan pipeline and the loan process to ensure loans fund in a timely manner....
Experience in fix & flip or construction lending is required. Knowledge of real estate lending and loan structuring....
Knowledge of complex real estate lending and loan structuring....
Commercial Credit Underwriter I/II- Los Angeles, CA
- Los Angeles, CA
- 9 days ago
- Los Angeles, CA
- 9 days ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
Residential Mortgage Loan Underwriter Consultant (Contract)
- San Francisco, CA
- 9 days ago
- San Francisco, CA
- 9 days ago
Role Overview As a PartTime Residential Mortgage Loan Underwriter Consultant at JazzX AI, you will leverage your deep expertise in underwriting to build AI-technology to support mortgage underwriting...
As we continue to grow, were seeking sharp, motivated professionals eager to build a career in mortgage underwriting....
CAKE Mortgage is a cutting-edge wholesale mortgage lender specializing in Non-QM products....
MORTGAGE LOAN UNDERWRITER SENIOR WHAT IS THE OPPORTUNITY?...
Position Summary A Loan Manager will be responsible for obtaining all required diligence documents from the borrower team and coordinating third party vendors and the deal team in connection with...
INDIAN PREFERENCE POLICY: Preference in filling vacancies is given to qualified Indian candidates in accordance with the Indian Preference Act of 1934 (Title 25, USC. Section 472) POSITION:...
Actively seeking an experienced Commercial Loan Underwriter to: Evaluate commercial credit requests. Prepare and recommend credit authorizations....
Demographic Data for California
Moving to California? Find some basic demographic data about California below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in California
Required or preferred licenses and certifications for Loan Underwriter positions.
Highest Education Level
Loan Underwriters in California 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
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- Tila Respa Integrated Disclosures
- Conventional Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- Loan Processing
- Encompass
- Freddie Mac
- Fannie Mae
- FHLMC
- Cross Selling
- OFAC
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Cash Flow Analysis
- USDA
- Anti-Money Laundering
- Underwriting
- Financial Statements
- Portfolio Management
- Appraisal
- Due Diligence
- Financial Analysis
- File Management
- Real Estate
- Risk Management
- Closing
- Finance
- Decision Making
- Analytical Skills
- Negotiation
- Accounting
- Written Communication
- Documentation
- Coaching
- Verbal Communication
- Mentoring
- Collaboration
- Filing
- Policy Development
- Bachelor's Degree
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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