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.
**Duties & Responsibilities:** + Analyze financial statements + Utilize bank systems for loan processing and completion of loan proposal + Complete underwriting and communicate credit decisions within...
Minimum of 3 years of experience in residential mortgage underwriting....
The Residential Underwriter I prepares credit analyses and underwrites Residential Mortgage loans, as outlined below. ESSENTIAL DUTIES AND RESPONSIBILITIES Review Tax Returns and other financial...
Employee Applicant Privacy Notice Who we are: Shape a brighter financial future with us. Together with our members, we're changing the way people think about and interact with personal finance....
TE Jumbo Securitization Credit Underwriter
- Jacksonville, FL
- 13 days ago
- Jacksonville, FL
- 13 days ago
In-depth knowledge HVCC, guidelines and requirements along with all federal, state, and local compliance regulations to include, Truth in Lending and Equal Credit Opportunity laws....
Senior Underwriter - Energy & Construction Join us as an Senior Underwriter that will drive business growth. Make your mark in Underwriting AIG underwriting teams help to find insurance solutions...
Performs second reviews of denied loans Updates Loan Origination System and Automated Underwriting Systems Mortgage Loan Underwriter Senior can underwrite multiple loan types and/or loans with highly...
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...
Job Description Apply Now Position Summary: Responsible for performing Underwriting and Operational duties to support the Merit Business Funding division; coordinating work within the department,...
We're expanding our Lending Operations Team and looking for an experienced Marine & RV Loan Underwriter to join us in our Miami office....
About Paysafe Paysafe (NYSE: PSFE) (PSFE.WS) is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose...
underwriting experience required Solid knowledge of mortgage underwriting and of basic automated underwriting systems Proficiency with basic automated underwriting systems Knowledge of mortgage laws...
Demographic Data for Florida
Moving to Florida? Find some basic demographic data about Florida below.
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
- Military Background
- Reimbursement
- 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
- Loan Processing
- Freddie Mac
- VA Loans
- OFAC
- Encompass
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Financial Services
- USDA
- Cash Flow Analysis
- Internal Control
- Underwriting
- Financial Statements
- Fraud Investigation
- Taxes
- Portfolio Management
- Financial Modeling
- Appraisal
- Risk Analysis
- Financial Analysis
- Resolution
- Real Estate
- Relationship Management
- Finance
- Analytical Skills
- Accounting
- Auditing
- Negotiation
- Written Communication
- Verbal Communication
- Mentoring
- Documentation
- Filing
- Reporting
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Organization
- Customer Service
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Underwriter Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »