Loan Underwriter Jobs in Bristol, CT
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.
Senior Analyst, Mortgage Underwriter
- Plantsville, CT (7 miles from Bristol, CT)
- 19 hours ago
- Plantsville, CT (7 miles from Bristol, CT)
- 19 hours ago
Responsibilities: Review and analyze entire loan file towards a lending mandate and to underwrite mortgage applications within current lending policy....
Senior Mortgage Underwriter - DE Certification Required
- Hartford, CT (16 miles from Bristol, CT)
- 1 day ago
- Hartford, CT (16 miles from Bristol, CT)
- 1 day ago
Equivalent work experience required. 3-5 years of mortgage underwriting experience required....
- Southbury, CT (21 miles from Bristol, CT)
- 6 days ago
- Southbury, CT (21 miles from Bristol, CT)
- 6 days ago
For more than two decades, Premier Financial Services has been recognized within the automotive industry as an innovator and nationwide leader in lease financing of new and previously owned...
Mortgage Loan Underwriter Senior - Full-time
- Hartford, CT (16 miles from Bristol, CT)
- 14 days ago
- Hartford, CT (16 miles from Bristol, CT)
- 14 days ago
MORTGAGE LOAN UNDERWRITER SENIOR* WHAT IS THE OPPORTUNITY?...
- Middletown, CT (17 miles from Bristol, CT)
- 30+ days ago
- Middletown, CT (17 miles from Bristol, CT)
- 30+ days ago
SUMMARY OF THE JOB : Reporting to the Loan Review Manager, the incumbent is responsible for providing an independent quality review of the Bank’s commercial lending portfolio and lending practices....
Senior Analyst Mortgage Underwriter Consumer Finance
- Southington, CT (6 miles from Bristol, CT)
- 90+ days ago
- Southington, CT (6 miles from Bristol, CT)
- 90+ days ago
In depth understand of loan origination system. Encompass preferred Strong PC skills to include Microsoft Word and Excel....
Demographic Data for Bristol, CT
Moving to Bristol, CT? Find some basic demographic data about Bristol, CT below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Bristol, CT
Highest Education Level
Loan Underwriters in Bristol, CT offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Driving
- Estimating
- 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
- FHLMC
- Loan Processing
- Freddie Mac
- Private Banking
- Fannie Mae
- Cross Selling
- Encompass
- OFAC
- Mortgage Processing
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- USDA
- Valuation
- Underwriting
- Financial Statements
- Financial Modeling
- Portfolio Management
- Appraisal
- Due Diligence
- Financial Analysis
- File Management
- Real Estate
- Closing
- Finance
- Decision Making
- Analytical Skills
- Accounting
- Negotiation
- Written Communication
- Documentation
- Coaching
- Verbal Communication
- Telephone Skills
- Mentoring
- Collaboration
- Filing
- Policy Development
- Bachelor's Degree
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Organization
- Customer Service
- Scheduling
- Communication Skills
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