Loan Underwriter Jobs in Bedford, OH
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.
Account Executive Officer/Sr. Underwriter, National Accounts
- Independence, OH (5 miles from Bedford, OH)
- 1 day ago
- Independence, OH (5 miles from Bedford, OH)
- 1 day ago
Who Are We?** Taking care of our customers, our communities and each other. Thats the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
Mortgage Underwriter - Brooklyn, OH or Buffalo, NY
- Cleveland, OH (11 miles from Bedford, OH)
- 12 days ago
- Cleveland, OH (11 miles from Bedford, OH)
- 12 days ago
The position may be involved in one or several types of mortgage lending (agency conventional, portfolio conventional)....
- Cleveland, OH (11 miles from Bedford, OH)
- 13 days ago
- Cleveland, OH (11 miles from Bedford, OH)
- 13 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 Underwriter (SBA)
- Cleveland, OH (11 miles from Bedford, OH)
- 22 days ago
- Cleveland, OH (11 miles from Bedford, OH)
- 22 days ago
Credit Associates are required to decision loans within an assigned lending authority, and make educated, well-thought recommendations when decisioning requires a higher level approval authority....
/19301/e5c01222-7b25-41c4-94d6-f37904388cb2.png&z=8&s=BNK&ih_t=7%2F4%2F2025+5%3A28%3A06+AM&utm_medium=internal%20referrer&utm_campaign=internal-ihire-resume-review&utm_content=ihire&utm_term=sf_serp_searchresults_position_5&dt=Desktop)
- Beachwood, OH (6 miles from Bedford, OH)
- 22 days ago
- Beachwood, OH (6 miles from Bedford, OH)
- 22 days ago
Job Purpose: Provides high quality credit analysis and underwriting with proper identification and evaluation of credit risks and mitigants typically for moderately complex loan requests. Complies...
Senior Credit Underwriter - Distribution Finance
- Cleveland, OH (11 miles from Bedford, OH)
- 30+ days ago
- Cleveland, OH (11 miles from Bedford, OH)
- 30+ days ago
Experience with deal sizes ranging from $2MM to $10MM preferred Experience in lending to a wide variety of industries, loan types, and sizes of companies preferred Strong written and verbal communication...
Remote WorkSenior Underwriter - LEAN CERTIFIED
- Cleveland, OH (11 miles from Bedford, OH)
- 30+ days ago
- Cleveland, OH (11 miles from Bedford, OH)
- 30+ days ago
Location: 127 Public Square - Cleveland, Ohio 44114 About the Job Perform due diligence and management activities for proposed healthcare, market rate multifamily and affordable multifamily...
- Cleveland, OH (11 miles from Bedford, OH)
- 60+ days ago
- Cleveland, OH (11 miles from Bedford, OH)
- 60+ days ago
Mortgage Underwriter Location: Mayfield Heights, OH Howard Hanna Mortgage Services/1st Priority Mortgage has an opening for an experienced Mortgage Loan Underwriter....
Demographic Data for Bedford, OH
Moving to Bedford, OH? Find some basic demographic data about Bedford, OH below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Bedford, OH
Highest Education Level
Loan Underwriters in Bedford, OH offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Military Background
- Marketing & Sales
- Property and Casualty Insurance
- Reimbursement
- CPCU
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Credit Underwriting
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Loan Processing
- Freddie Mac
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Financial Services
- USDA
- Cash Flow Analysis
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Risk Analysis
- Financial Analysis
- Real Estate
- Risk Management
- Closing
- Strategy Development
- Finance
- Accounting
- Quality Control
- Written Communication
- Negotiation
- Verbal Communication
- Mentoring
- Collaboration
- Documentation
- Reporting
- Coaching
- Filing
- Bachelor's Degree
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Time Management
- 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 »