Loan Underwriter Jobs in East Boston, MA
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.
Underwriter Sr-Business Banking
- Boston, MA (2 miles from East Boston, MA)
- 1 day ago
- Boston, MA (2 miles from East Boston, MA)
- 1 day 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...
Commercial Credit Approval Officer
- Brockton, MA (20 miles from East Boston, MA)
- 5 days ago
- Brockton, MA (20 miles from East Boston, MA)
- 5 days ago
Responsibilities and Essential Functions: Utilize financial analysis, industry evaluation, credit underwriting guidelines, and superior judgment to efficiently underwrite and decision commercial business...
Medicare Financial Underwriter
- Salem, MA (11 miles from East Boston, MA)
- 6 days ago
- Salem, MA (11 miles from East Boston, MA)
- 6 days ago
Job Listing ID: 4282704 Job Title: Medicare Financial Underwriter Application Deadline: Open Until FilledJob Location: Salem Date Posted: 05/31/2025Hours Worked Per Week: Not Provided Shift: Not...
- Boston, MA (2 miles from East Boston, MA)
- 8 days ago
- Boston, MA (2 miles from East Boston, MA)
- 8 days ago
Represents the Underwriting department when appropriate at external meetings with lending partners....
- Canton, MA (14 miles from East Boston, MA)
- 8 days ago
- Canton, MA (14 miles from East Boston, MA)
- 8 days ago
Indirect Underwriter Rockland Federal Credit Union (RFCU) is searching for an Indirect Underwriter to join our Consumer Lending team....
- Boston, MA (2 miles from East Boston, MA)
- 10 days ago
- Boston, MA (2 miles from East Boston, MA)
- 10 days ago
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...
- Boston, MA (2 miles from East Boston, MA)
- 17 days ago
- Boston, MA (2 miles from East Boston, MA)
- 17 days ago
Purpose and Job Summary: Reporting to a Deputy Chief Underwriter, the Director is responsible for reviewing, inspecting, and underwriting multifamily agency loan applications, primarily for...
Commercial Credit Underwriter/Portfolio Manager II - Leveraged Lending
- Boston, MA (2 miles from East Boston, MA)
- 30+ days ago
- Boston, MA (2 miles from East Boston, MA)
- 30+ days ago
Overview: Evaluate, monitor, and assess the credit risks of complex commercial clients and higher dollar loans (typically $10MM and greater) through detailed financial statement analysis, industry...
Commercial Credit Underwriter - Brockton
- Brockton, MA (20 miles from East Boston, MA)
- 90+ days ago
- Brockton, MA (20 miles from East Boston, MA)
- 90+ days ago
Performance reviews will be prepared by the Commercial Credit Officer, with input provided by the Regional Manager, Lending Center Manager, or Lending Officers....
Demographic Data for East Boston, MA
Moving to East Boston, MA? Find some basic demographic data about East Boston, MA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in East Boston, MA
Highest Education Level
Loan Underwriters in East Boston, MA 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
- CPCU
- 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
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Credit Underwriting
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Mortgage Underwriting
- Financial Services
- USDA
- Cash Flow Analysis
- Underwriting
- Internal Control
- Financial Statements
- Fraud Investigation
- Taxes
- Portfolio Management
- Appraisal
- Financial Analysis
- Resolution
- Real Estate
- Relationship Management
- Finance
- Process Improvement
- Analytical Skills
- Accounting
- Quality Control
- Negotiation
- Auditing
- Collaboration
- Mentoring
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Time Management
- Staff Supervision
- Organization
- Communication Skills
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