Loan Underwriter Jobs in New York, 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.
MORTGAGE LOAN UNDERWRITER SENIOR* WHAT IS THE OPPORTUNITY?...
Business Banking Commercial Real Estate Underwriter Portfolio Manager IV
- Short Hills, NJ (17 miles from New York, NY)
- 1 day ago
- Short Hills, NJ (17 miles from New York, NY)
- 1 day ago
Required Skills/Experience: 10+ years of experience and exhibited competency in various aspects of commercial real estate lending and/or portfolio management including financial analysis and credit...
Business Banking Commercial Real Estate Underwriter Portfolio Manager IV
- Iselin, NJ (20 miles from New York, NY)
- 2 days ago
- Iselin, NJ (20 miles from New York, NY)
- 2 days ago
Required Skills/Experience: 10+ years of experience and exhibited competency in various aspects of commercial real estate lending and/or portfolio management including financial analysis and credit...
Required Skills: Knowledge of credit risk analysis and underwriting principles, methods, and practices....
What The Role Is Under general supervision, the Mortgage Loan Underwriter is responsible for approving or denying mortgage loans based on information provided in a loan application....
Job Description We are seeking a Senior Underwriter with a strong background in Middle Market lending to join our Credit Underwriting team....
relationship management, underwriting, and/or adjudication experience Prior lending authority >/= $1 million preferred Small Business Administration/Agency, Healthcare Practice Solutions, or other...
Excellent Excel skills, especially with underwriting models. ARGUS know-how a plus. Attention to detail with strong interpersonal skills Ability to work both independently and in a team environment...
required; Act as credit conduit for loan originators and Real Estate Investment Strategies for new loan requests; Responsible for aiding in training originators on Real Estate Investment Strategies lending...
Process and underwrite loans consistent with corporate standards, through verification and due diligence....
Credit Underwriter - Vice President
- New York, NY (1 mile from New York, NY)
- 15 days ago
- New York, NY (1 mile from New York, NY)
- 15 days ago
Collaboration - Collaborate with all other cross functional groups as needed to ensure that credit underwriting and portfolio management activities are approved in a timely manner....
Commercial Credit Underwriter/Portfolio Manager II
- New York, NY
- 16 days ago
- New York, NY
- 16 days ago
Based on underwriting parameters, recommend the risk rating. Prepare summary, present facts, and offers opinions concerning credit-worthiness....
Required Qualifications: 7+ years experience credit, underwriting, and structuring of corporate lending transactions....
Working on special projects to enhance our service offering such as underwriting guidelines....
As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial...
Demographic Data for New York, NY
Moving to New York, NY? Find some basic demographic data about New York, NY below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in New York, NY
Highest Education Level
Loan Underwriters in New York, NY offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Reimbursement
- Federal National Morgage Association
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- Loan Review
- Conventional Loans
- Know Your Customer
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Loan Processing
- Credit Underwriting
- Mortgage Processing
- Treasury Management
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- USDA
- Loan Servicing
- Financial Services
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Taxes
- Financial Analysis
- Resolution
- Real Estate
- Customer Satisfaction
- Finance
- Closing
- Process Improvement
- Quality Control
- Accounting
- Decision Making
- Written Communication
- Auditing
- Documentation
- Mentoring
- Bachelor's Degree
- Reporting
- Regulations
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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