Loan Underwriter Jobs in Pontotoc, MS
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.
Mortgage Loan Underwriter II Remote MORTG003671
- Tupelo, MS (15 miles from Pontotoc, MS)
- 12 days ago
- Tupelo, MS (15 miles from Pontotoc, MS)
- 12 days ago
This is a Job Description for a Mortgage Loan Underwriter II....
Remote WorkMortgage Loan Underwriter II / MORTG003668 /Remote
- Tupelo, MS (15 miles from Pontotoc, MS)
- 12 days ago
- Tupelo, MS (15 miles from Pontotoc, MS)
- 12 days ago
What The Role IsUnder general supervision, the Mortgage Loan Underwriter is responsible for approving or denying mortgage loans based on information provided in a loan application....
Remote WorkCredit Underwriter CREDI003565
- Tupelo, MS (15 miles from Pontotoc, MS)
- 30+ days ago
- Tupelo, MS (15 miles from Pontotoc, MS)
- 30+ days ago
Primary Purpose:Primary duty is to analyze, underwrite and decision credit decisions submitted by various lines of business within the Bank. Credit Underwriter has a working knowledge of small...
Demographic Data for Pontotoc, MS
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Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Pontotoc, MS
Highest Education Level
Loan Underwriters in Pontotoc, MS 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
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- FHLMC
- Fannie Mae
- Freddie Mac
- Loan Processing
- Credit Underwriting
- Know Your Customer
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Mortgage Underwriting
- Financial Services
- USDA
- Cash Flow Analysis
- Valuation
- Underwriting
- Internal Control
- Financial Statements
- Fraud Investigation
- Taxes
- Portfolio Management
- Appraisal
- Financial Analysis
- Resolution
- Real Estate
- Customer Satisfaction
- Finance
- Process Improvement
- Analytical Skills
- Accounting
- Quality Control
- Auditing
- Microsoft Outlook
- Mentoring
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Scheduling
- Communication Skills
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