Loan Underwriter Jobs in Florida
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 III - New Money CRE
- Jacksonville, FL
- 1 day ago
- Jacksonville, FL
- 1 day ago
while following sound lending practices, policies and procedures....
Marine & RV Loan Underwriter Miami, FL Boats Group is growing and looking for a dedicated Marine & RV Loan Underwriter to join our Miami office....
SUPERVISOR MORTGAGE LOAN UNDERWRITER* WHAT IS THE OPPORTUNITY?...
W2 Hourly Pay rate range: $40-$42/hr Description: Underwrites credit package and makes loan decisions for residential lending applications up to the loan amount authority established by the Company's...
Remote WorkUltra Private Wealth Senior Underwriter
- Saint Petersburg, FL
- 18 days ago
- Saint Petersburg, FL
- 18 days ago
Educational/Previous Experience Requirements Bachelor's degree in Finance, Accounting or Business Administration with a minimum of: 15 years mortgage lending 6 years high net worth mortgage lending...
Ability to make sound decisions regarding risk exposure within approval thresholds aligned and governed by Sponsor Banks, Delegated Authority levels, and internal Credit Underwriting Policies and Procedures...
RadiFi Credit Union is seeking a Consumer Loan Underwriter II to w ork collaboratively with the VP of Consumer & Mortgage Lending to ensure the smooth day-to-day operation of the Underwriting Team....
detailed, efficient, full-time BILINGUAL Auto Loan Underwriter for this position at our Clearwater, FL headquarters....
required, including Home Mortgage Disclosure Act Knowledge of state and federal agency mortgage loan guidelines and regulations helpful Why You Should Join As one of the top mortgage lenders in the...
Senior Credit Underwriter, Global Wealth & Investment Management Custom Lending
- Miami, FL
- 45+ days ago
- Miami, FL
- 45+ days ago
Purpose: The purpose of the SCU is to use key financial measures and a consistent, structured financial approach to underwrite custom lending requests and mange a loan portfolio in alignment with our...
Experience in corporate lending or product management advantageous....
Demographic Data for Florida
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Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Florida
Highest Education Level
Loan Underwriters in Florida offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Reimbursement
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Loan Review
- Conventional Loans
- Know Your Customer
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- Loan Processing
- Credit Underwriting
- Mortgage Processing
- Treasury Management
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- USDA
- Loan Servicing
- Financial Services
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Taxes
- Financial Modeling
- Financial Analysis
- Resolution
- Real Estate
- Finance
- Closing
- Accounting
- Decision Making
- Written Communication
- Verbal Communication
- Auditing
- Documentation
- Bachelor's Degree
- Reporting
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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