Loan Underwriter Jobs in Mansfield, 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.
Commercial Credit Senior Underwriter I - Leveraged Lending
- Boston, MA (24 miles from Mansfield, MA)
- 11 hours ago
- Boston, MA (24 miles from Mansfield, MA)
- 11 hours ago
This position many be located in Buffalo, NY, Boston, MA or NY, NY OVERVIEW Evaluate and determine the credit risks of larger, more complex commercial clients through detailed financial statement...
Credit Portfolio Underwriter Sr - BIN Sponsorship
- Boston, MA (24 miles from Mansfield, MA)
- 8 days ago
- Boston, MA (24 miles from Mansfield, MA)
- 8 days ago
Description Credit Portfolio Risk Analyst Summary: The Credit Portfolio Risk Analyst, Senior (BIN Sponsorship) services, deepens, and retains assigned profitable customer relationships by...
Remote Work- Lincoln, RI (13 miles from Mansfield, MA)
- 16 days ago
- Lincoln, RI (13 miles from Mansfield, MA)
- 16 days ago
Diversity and Inclusion: At NFM Lending we are a diverse team of champions, industry pioneers and action leaders....
Commercial Credit Approval Officer
- Brockton, MA (10 miles from Mansfield, MA)
- 17 days ago
- Brockton, MA (10 miles from Mansfield, MA)
- 17 days ago
authority or recommend decisions for requests exceeding individual lending authority....
- Boston, MA (24 miles from Mansfield, MA)
- 19 days ago
- Boston, MA (24 miles from Mansfield, MA)
- 19 days ago
Represents the Underwriting department when appropriate at external meetings with lending partners....
- Canton, MA (12 miles from Mansfield, MA)
- 19 days ago
- Canton, MA (12 miles from Mansfield, MA)
- 19 days ago
Indirect Underwriter Rockland Federal Credit Union (RFCU) is searching for an Indirect Underwriter to join our Consumer Lending team....
Commercial Credit Underwriter - Providence
- Providence, RI (16 miles from Mansfield, MA)
- 24 days ago
- Providence, RI (16 miles from Mansfield, MA)
- 24 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....
- Boston, MA (24 miles from Mansfield, MA)
- 29 days ago
- Boston, MA (24 miles from Mansfield, MA)
- 29 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 (24 miles from Mansfield, MA)
- 45+ days ago
- Boston, MA (24 miles from Mansfield, MA)
- 45+ 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 (10 miles from Mansfield, MA)
- 90+ days ago
- Brockton, MA (10 miles from Mansfield, 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 Mansfield, MA
Moving to Mansfield, MA? Find some basic demographic data about Mansfield, MA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Mansfield, MA
Highest Education Level
Loan Underwriters in Mansfield, MA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Presentation
- Military Background
- Reimbursement
- 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
- Credit Underwriting
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- VA Loans
- OFAC
- Encompass
- Know Your Customer
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- USDA
- Cash Flow Analysis
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Taxes
- Portfolio Management
- Financial Modeling
- Appraisal
- Risk Analysis
- Due Diligence
- Financial Analysis
- Real Estate
- Relationship Management
- Finance
- Closing
- Analytical Skills
- Accounting
- Negotiation
- Auditing
- Written Communication
- Verbal Communication
- Mentoring
- Documentation
- Reporting
- Filing
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Organization
- Customer Service
- Leadership
- Communication Skills
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