Loan Underwriter Jobs in Oxon Hill, MD
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.
Multifamily Senior Underwriter Affordable Housing
- McLean, VA (12 miles from Oxon Hill, MD)
- 26 days ago
- McLean, VA (12 miles from Oxon Hill, MD)
- 26 days ago
Our Impact: Our team is responsible for underwriting Targeted Affordable Housing (TAH) loans originated coast to coast by our network of Optigo Lenders We are innovators in the industry by evaluating...
Residential Mortgage Underwriter
- Bethesda, MD (13 miles from Oxon Hill, MD)
- 29 days ago
- Bethesda, MD (13 miles from Oxon Hill, MD)
- 29 days ago
Qualifications & Skills Experience: 25 years in residential mortgage underwriting preferred; BPL underwriting experience highly preferred....
Underwriter Sr-Business Banking
- Washington, DC (6 miles from Oxon Hill, MD)
- 30+ days ago
- Washington, DC (6 miles from Oxon Hill, MD)
- 30+ days ago
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...
- Vienna, VA (13 miles from Oxon Hill, MD)
- 30+ days ago
- Vienna, VA (13 miles from Oxon Hill, MD)
- 30+ days ago
-Work closely and collaboratively with loan originator and processor to ensure all appropriate data is obtained -Perform other duties as assigned Qualifications and Requirements: MINIMUM OF 1-3+ years...
Mortgage Loan Underwriter Senior
- Washington, DC (6 miles from Oxon Hill, MD)
- 90+ days ago
- Washington, DC (6 miles from Oxon Hill, MD)
- 90+ days ago
MORTGAGE LOAN UNDERWRITER SENIOR WHAT IS THE OPPORTUNITY?...
Demographic Data for Oxon Hill, MD
Moving to Oxon Hill, MD? Find some basic demographic data about Oxon Hill, MD below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Oxon Hill, MD
Highest Education Level
Loan Underwriters in Oxon Hill, MD offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Military Background
- Marketing & Sales
- Property and Casualty Insurance
- Reimbursement
- CPCU
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Credit Underwriting
- Commercial Banking
- Jumbo Loans
- BSA
- Loan Review
- Conventional Loans
- Commercial Lending
- FHLMC
- Automated Clearing House
- Loan Processing
- Freddie Mac
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Financial Services
- Treasury Management
- Cash Flow Analysis
- Balance Sheets
- Underwriting
- Financial Statements
- Portfolio Management
- Appraisal
- Risk Analysis
- Financial Analysis
- Real Estate
- Risk Management
- Closing
- Strategy Development
- Finance
- Decision Making
- Accounting
- Written Communication
- Negotiation
- Verbal Communication
- Mentoring
- Collaboration
- Documentation
- Reporting
- Coaching
- Bachelor's Degree
- Regulations
- Policy Development
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Time Management
- Organization
- Customer Service
- Leadership
- Communication Skills
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