Loan Underwriter Jobs in Westminster, CO
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 Real Estate Underwriter (Housing Capital)
- Denver, CO (14 miles from Westminster, CO)
- 3 days ago
- Denver, CO (14 miles from Westminster, CO)
- 3 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...
- Denver, CO (14 miles from Westminster, CO)
- 13 days ago
- Denver, CO (14 miles from Westminster, CO)
- 13 days ago
Accurately answer questions from and educate loan officers, loan processors, and other appropriate personnel about underwriting rules and how they apply to individual loan applications....
Remote Work- Denver, CO (14 miles from Westminster, CO)
- 14 days ago
- Denver, CO (14 miles from Westminster, CO)
- 14 days ago
Why work for us? A career at Janus Henderson is more than a job, it's about investing in a brighter future together. Our Mission at Janus Henderson is to help clients define and achieve superior...
Mortgage Jr. Underwriter (REMOTE)
- Denver, CO (14 miles from Westminster, CO)
- 15 days ago
- Denver, CO (14 miles from Westminster, CO)
- 15 days ago
AmeriSave Mortgage has set the standard in online mortgage lending with over $130 billion in funded loan volume....
Remote WorkDemographic Data for Westminster, CO
Moving to Westminster, CO? Find some basic demographic data about Westminster, CO below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Westminster, CO
Required or preferred licenses and certifications for Loan Underwriter positions.
Highest Education Level
Loan Underwriters in Westminster, CO offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Driving
- 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
- 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
- Underwriting
- Anti-Money Laundering
- Financial Statements
- Portfolio Management
- Financial Modeling
- 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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