Loan Underwriter Jobs in Orland Hills, IL
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.
Sr. Underwriter, Private Banking
- Chicago, IL (23 miles from Orland Hills, IL)
- 1 day ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 1 day ago
About Northern Trust: Northern Trust, a Fortune 500 company, is a globally recognized, award-winning financial institution that has been in continuous operation since 1889. Northern Trust is proud...
Regional Credit Approval Officer
- Chicago, IL (23 miles from Orland Hills, IL)
- 2 days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 2 days ago
Job Description Job Description As a Regional Credit Approval Officer, you will be responsible for assessing and managing the credit risk of commercial real estate lending transactions, working closely...
Commercial Credit Underwriter I, II
- Downers Grove, IL (21 miles from Orland Hills, IL)
- 6 days ago
- Downers Grove, IL (21 miles from Orland Hills, IL)
- 6 days ago
Perform basic underwriting in commercial lending, producing thorough and accurate analytical packages that include all relevant risks, trends and industry information....
Underwriter - Commercial Real Estate Banking Underwriter - Commercial Real Estate Banking
- Chicago, IL (23 miles from Orland Hills, IL)
- 7 days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 7 days ago
Completes Scheduled Exposure Reviews (SERs) and Risk Rating Scorecards for adversely risk rated loans. Underwriter then presents SER at quarterly SER meetings....
Underwriter - Commercial Real Estate Banking
- Chicago, IL (23 miles from Orland Hills, IL)
- 8 days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 8 days ago
Completes Scheduled Exposure Reviews (SERs) and Risk Rating Scorecards for adversely risk rated loans. Underwriter then presents SER at quarterly SER meetings....
- Chicago, IL (23 miles from Orland Hills, IL)
- 9 days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 9 days ago
Basic Qualifications - Bachelor's degree, or equivalent work experience - Five or more years of mortgage underwriting experience Preferred Skills/Experience - Advanced understanding of factors affecting...
Underwriter/Senior Underwriter II - Asset Based Finance
- Chicago, IL (23 miles from Orland Hills, IL)
- 14 days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 14 days ago
of corporate lending transactions for the AB Sr....
Account Executive Officer/Sr. Underwriter, National Accounts
- Chicago, IL (23 miles from Orland Hills, IL)
- 16 days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 16 days ago
Who Are We? Taking care of our customers, our communities and each other. Thats the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
Credit Underwriter - Law Firms and Professional Services
- Chicago, IL (23 miles from Orland Hills, IL)
- 19 days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 19 days ago
Applies lending expertise to a lending and deposit portfolio of accounts or part of the lending process (e.g. underwriting, funding, monitoring)....
Senior Underwriter, Management Liability/D&O
- Chicago, IL (23 miles from Orland Hills, IL)
- 19 days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 19 days ago
at ACE American Insurance Company (Chubb) in Chicago, Illinois, United States Job Description Senior Underwriter, Management Liability/D&O (ACE American Insurance Company (Chubb), Chicago, IL):...
Remote WorkAccount Executive Officer/Sr. Underwriter, National Property
- Chicago, IL (23 miles from Orland Hills, IL)
- 30+ days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 30+ days ago
Who Are We? Taking care of our customers, our communities and each other. Thats the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
- Chicago, IL (23 miles from Orland Hills, IL)
- 45+ days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 45+ days ago
The Senior Property Underwriter will manage a property renewal book while also producing new business. The position will primarily be focused on underwriting mono-line property opportunities....
- Chicago, IL (23 miles from Orland Hills, IL)
- 45+ days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 45+ days ago
Applies lending expertise to a lending and deposit portfolio of accounts or part of the lending process (e.g. underwriting, funding, monitoring)....
Senior Underwriter - Commercial Bonds
- Chicago, IL (23 miles from Orland Hills, IL)
- 60+ days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 60+ days ago
Senior Underwriter - Commerical Bonds Scottsdale, AZ | Dallas, TX | New York, NY | Chicago, IL | USA The primary focus of this role is on broad territory management, which includes relationship,...
Commercial Credit Underwriter I-II
- Chicago, IL (23 miles from Orland Hills, IL)
- 60+ days ago
- Chicago, IL (23 miles from Orland Hills, IL)
- 60+ days ago
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
Demographic Data for Orland Hills, IL
Moving to Orland Hills, IL? Find some basic demographic data about Orland Hills, IL below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Orland Hills, IL
Highest Education Level
Loan Underwriters in Orland Hills, IL 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
- 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
- Mentoring
- Collaboration
- Filing
- Policy Development
- Bachelor's Degree
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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