Loan Underwriter Jobs in Carmel, IN
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.
- Indianapolis, IN (14 miles from Carmel, IN)
- 10 hours ago
- Indianapolis, IN (14 miles from Carmel, IN)
- 10 hours ago
This client is a faith-based nonprofit that specializes in lending for churches and ministries....
First Financial Bank Job Description Job Title Loan Review Analyst Status Hourly Reports To Manager - Loan Review Summary To learn to review loan documentation for accuracy and financial...
Mortgage Loan Underwriter Senior
- Indianapolis, IN (14 miles from Carmel, IN)
- 19 days ago
- Indianapolis, IN (14 miles from Carmel, IN)
- 19 days ago
MORTGAGE LOAN UNDERWRITER SENIOR* WHAT IS THE OPPORTUNITY?...
- Indianapolis, IN (14 miles from Carmel, IN)
- 30+ days ago
- Indianapolis, IN (14 miles from Carmel, IN)
- 30+ days ago
Expert skills with loan structuring, borrowing causes and lending regulations; to comply and conform to lending policies, guidelines, and standards....
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This position also assists with credit requests for the residential mortgage and retail lending teams....
Demographic Data for Carmel, IN
Moving to Carmel, IN? Find some basic demographic data about Carmel, IN below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Carmel, IN
Highest Education Level
Loan Underwriters in Carmel, IN offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Conventional Loans
- Commercial Banking
- FHLMC
- Fannie Mae
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- OFAC
- Mortgage Processing
- Treasury Management
- Credit Analysis
- Mortgage Underwriting
- Financial Services
- USDA
- Anti-Money Laundering
- Cash Flow Analysis
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Taxes
- Financial Modeling
- Financial Analysis
- Resolution
- Real Estate
- Problem Resolution
- Customer Satisfaction
- Finance
- Process Improvement
- Quality Control
- Accounting
- Decision Making
- Written Communication
- Verbal Communication
- Documentation
- Mentoring
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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