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.
Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position: Thorough understanding of mortgage lending regulations, underwriting...
Additionally, the qualifications listed below are representative of the knowledge, skills, and/or abilities required in this position: Thorough understanding of mortgage lending regulations, underwriting...
Utilizing financial analysis and risk assessment, the Underwriter will make informed decisions to maintain a high-quality mortgage portfolio and facilitate responsible lending practices....
and other bank policies **Qualifications:** + Bachelor's Degree in (or emphasis in) business, marketing or finance preferred + 5+ years of experience in commercial lending or related banking + Proficiency...
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
- 30+ days ago
- Jacksonville, FL
- 30+ 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...
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,...
Comfortable working with loan origination systems like Salesforce and underwriting tools. Strong understanding of compliance and financial regulations related to consumer lending....
About Paysafe Paysafe is a leading payments platform with an extensive track record of serving merchants and consumers in the global entertainment sectors. Its core purpose is to enable businesses...
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
- Presentation
- Marketing & Sales
- Property and Casualty Insurance
- Reimbursement
- CPCU
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Nationwide Mortgage Licensing System & Registry
- Federal Housing Administration
- Federal National Morgage Association
- Loan Documentation
- Credit Underwriting
- Commercial Banking
- Jumbo Loans
- BSA
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Private Banking
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Financial Services
- Cash Flow Analysis
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Financial Analysis
- Real Estate
- Risk Management
- Closing
- Finance
- Decision Making
- Accounting
- Auditing
- Written Communication
- Negotiation
- Mentoring
- Documentation
- Reporting
- Collaboration
- Policy Development
- Coaching
- Filing
- Bachelor's Degree
- Regulations
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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