Loan Underwriter Jobs in Monroe, NC
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.
- Charlotte, NC (20 miles from Monroe, NC)
- 7 days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 7 days ago
SUMMARY: The Position of Mortgage Loan Underwriter II is responsible for analyzing and evaluating residential mortgage applications for approval and sale on the secondary market and in house....
Mortgage Loan Underwriter Senior
- Charlotte, NC (20 miles from Monroe, NC)
- 8 days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 8 days ago
MORTGAGE LOAN UNDERWRITER SENIOR* WHAT IS THE OPPORTUNITY?...
Commercial Credit Underwriter III - New Money CRE
- Charlotte, NC (20 miles from Monroe, NC)
- 10 days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 10 days ago
& Commercial Banking Job Description: The Commercial Credit Underwriter III analyzes, underwrites and may act as the final decision authority on commercial loan applications while following sound lending...
- Charlotte, NC (20 miles from Monroe, NC)
- 14 days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 14 days ago
Role Overview: As a Testing Specialist II, main responsibilities include: Accountable for accurate and timely test execution Execute testing requiring administrative judgment in the execution of...
Sr. Underwriter (Testing Specialist)
- Charlotte, NC (20 miles from Monroe, NC)
- 14 days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 14 days ago
Work Locations: - Atlanta, GA - Charlotte, NC - Plano, TX - Phoenix, AZ Testing Specialist II - Sr Mortgage Underwriter Global Risk Analytics (GRA) and Enterprise Independent Testing (EIT) are...
Sr. Underwriter (Testing Specialist III)
- Charlotte, NC (20 miles from Monroe, NC)
- 16 days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 16 days ago
Work Locations: - Atlanta, GA - Charlotte, NC - Plano, TX - Phoenix, AZ Job Description: This job is responsible for accurate and timely test execution and/or supporting operational and...
Supervisor Mortgage Loan Underwriter
- Charlotte, NC (20 miles from Monroe, NC)
- 16 days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 16 days ago
SUPERVISOR MORTGAGE LOAN UNDERWRITER* WHAT IS THE OPPORTUNITY?...
- Charlotte, NC (20 miles from Monroe, NC)
- 22 days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 22 days ago
Job Summary: A Loan Manager will be responsible for obtaining all required diligence documents from borrower team and coordinating third party vendors and the deal team in connection with each...
Senior Underwriter II - Asset Based Finance
- Charlotte, NC (20 miles from Monroe, NC)
- 24 days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 24 days ago
Required Qualifications: 7+ years experience credit, underwriting, and structuring of corporate lending transactions....
Senior Credit Underwriter, Global Wealth & Investment Management Custom Lending
- Charlotte, NC (20 miles from Monroe, NC)
- 60+ days ago
- Charlotte, NC (20 miles from Monroe, NC)
- 60+ days ago
loan balance and revenue growth in a responsible and profitable manner, and managing a portfolio of existing lending relationships....
Demographic Data for Monroe, NC
Moving to Monroe, NC? Find some basic demographic data about Monroe, NC below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Monroe, NC
Highest Education Level
Loan Underwriters in Monroe, NC offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Reimbursement
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- Loan Documentation
- BSA
- Loan Review
- Conventional Loans
- Know Your Customer
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Loan Processing
- Credit Underwriting
- Mortgage Processing
- Treasury Management
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- Financial Services
- USDA
- Loan Servicing
- 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
- Verbal Communication
- Auditing
- Documentation
- Mentoring
- Reporting
- Regulations
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
Other Career Titles
Here are some other career titles that require similar skills
Loan Underwriter Related Career Advice Articles
How to Decide Between Investment Banking and Commercial Banking
Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.
Read article »
Career Spotlight: Personal Banker
What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.
Read article »