Loan Underwriter Jobs in New York
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.
Business Banking Commercial Real Estate Underwriter Portfolio Manager IV
- New York, NY
- 20 hours ago
- New York, NY
- 20 hours 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....
Scope of Responsibilities: Incumbent is to ensure credit requests are underwritten in accordance with Bank policy and Business Banking underwriting guidelines in a timely manner....
Job Description We are seeking a Senior Underwriter with a strong background in Middle Market lending to join our Credit Underwriting team....
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....
Commercial Credit Senior Underwriter/Portfolio Manager I, ABL
- Hauppauge, NY
- 12 days ago
- Hauppauge, NY
- 12 days ago
Scope of Responsibilities: The Commercial Credit Underwriting/Portfolio Management Department is responsible to provide an independent credit quality assessment of the Bank's commercial clients....
Underwrites new money loans, renewals and annual reviews within assigned threshold....
Mortgage Underwriter Location: Buffalo, NY Howard Hanna Mortgage Services/1st Priority Mortgage has an opening for an experienced Mortgage Loan Underwriter....
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
- 15 days ago
- New York, NY
- 15 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....
Supports daily management of the Mortgage Divisions residential mortgage pipeline, and/or MSR valuation framework. Primary responsibilities include ensuring hedged rate locked pipeline and...
Demographic Data for New York
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Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in New York
Highest Education Level
Loan Underwriters in New York 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
- BSA
- Loan Review
- Conventional Loans
- Know Your Customer
- Commercial Banking
- Commercial Lending
- Freddie Mac
- Tila Respa Integrated Disclosures
- 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 Modeling
- Financial Analysis
- Resolution
- Real Estate
- Finance
- Closing
- Accounting
- Decision Making
- Written Communication
- Verbal Communication
- Auditing
- Documentation
- Bachelor's Degree
- Reporting
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Research Skills
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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