Loan Underwriter Jobs in East Greenbush, NY
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.
Life & Disability Financial Underwriter
- Albany, NY (12 miles from East Greenbush, NY)
- 22 hours ago
- Albany, NY (12 miles from East Greenbush, NY)
- 22 hours ago
Become a part of our caring community and help us put health first** The Life & Disability Financial Underwriter computes rates for both renewing and prospective group life and disability...
Underwriter Sr-Business Banking
- Albany, NY (12 miles from East Greenbush, NY)
- 4 days ago
- Albany, NY (12 miles from East Greenbush, NY)
- 4 days ago
**Duties & Responsibilities:** + Analyze financial statements + Utilize bank systems for loan processing and completion of loan proposal + Complete underwriting and communicate credit decisions within...
- Albany, NY (12 miles from East Greenbush, NY)
- 28 days ago
- Albany, NY (12 miles from East Greenbush, NY)
- 28 days ago
Commercial Credit Underwriters are required to decision loans within an assigned lending authority, and make educated, well-thought recommendations when decisioning requires a higher-level approval...
Commercial Credit Senior Underwriter I, CRE
- Albany, NY (12 miles from East Greenbush, NY)
- 90+ days ago
- Albany, NY (12 miles from East Greenbush, NY)
- 90+ days ago
Location: Albany, Syracuse or Buffalo OVERVIEW Evaluate and determine the credit risks of larger, more complex commercial real estate clients through detailed financial statement analysis,...
Demographic Data for East Greenbush, NY
Moving to East Greenbush, NY? Find some basic demographic data about East Greenbush, NY below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in East Greenbush, NY
Highest Education Level
Loan Underwriters in East Greenbush, NY 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
- Credit Underwriting
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Cross Selling
- Encompass
- Mortgage Processing
- Credit Analysis
- Mortgage Underwriting
- Financial Services
- USDA
- Cash Flow Analysis
- Valuation
- Internal Control
- Underwriting
- Financial Statements
- Fraud Investigation
- Portfolio Management
- Risk Analysis
- Appraisal
- Financial Analysis
- Resolution
- Real Estate
- Finance
- Analytical Skills
- Accounting
- Quality Control
- Auditing
- Negotiation
- Mentoring
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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