Loan Underwriter Jobs in Wickliffe, 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.
Commercial Credit Underwriter (SBA)
- Brooklyn, OH (18 miles from Wickliffe, OH)
- 1 day ago
- Brooklyn, OH (18 miles from Wickliffe, OH)
- 1 day 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....
Senior Direct Endorsement Residential Underwriter
- Independence, OH (16 miles from Wickliffe, OH)
- 6 days ago
- Independence, OH (16 miles from Wickliffe, OH)
- 6 days ago
ensure loans are underwritten in a timely manner Maintain current knowledge of mortgage loan programs, procedures, and guidelines Use Northwest's loan origination systems and agency automated underwriting...
Mortgage Underwriter (DE, SARS) - Cleveland, OH or Buffalo, NY
- Brooklyn, OH (18 miles from Wickliffe, OH)
- 15 days ago
- Brooklyn, OH (18 miles from Wickliffe, OH)
- 15 days ago
Once approved, has lending authority up to $750,000 REQUIRED QUALIFICATIONS Bachelors Degree or equivalent work experience 5+ years of recent Mortgage Underwriting Experience (FHA, VA and Conventional...
- Middlefield, OH (24 miles from Wickliffe, OH)
- 29 days ago
- Middlefield, OH (24 miles from Wickliffe, OH)
- 29 days ago
guidelines and regulations for both HELOC and Mortgage Lending Basic knowledge of residential underwriting including, but not limited to: review and analysis of credit reports, income documents (pay...
- Beachwood, OH (8 miles from Wickliffe, OH)
- 30+ days ago
- Beachwood, OH (8 miles from Wickliffe, OH)
- 30+ days ago
You will be responsible for underwriting, large, complex lending opportunities, balancing risk and growth ensuring loan structures are appropriate and consistent with bank lending standards, assign...
Mortgage Underwriter - Brooklyn, OH or Buffalo, NY
- Brooklyn, OH (18 miles from Wickliffe, OH)
- 45+ days ago
- Brooklyn, OH (18 miles from Wickliffe, OH)
- 45+ days ago
Once approved, has lending authority up to $424,100 REQUIRED QUALIFICATIONS Bachelors Degree or equivalent work experience 1-5 years of recent Mortgage Underwriting Experience ( conventional) with strong...
- Beachwood, OH (8 miles from Wickliffe, OH)
- 60+ days ago
- Beachwood, OH (8 miles from Wickliffe, OH)
- 60+ days ago
Proficient with the Microsoft suite of products and commercial loan origination system software platforms. nCino experience a plus....
Demographic Data for Wickliffe, OH
Moving to Wickliffe, OH? Find some basic demographic data about Wickliffe, OH below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Wickliffe, OH
Highest Education Level
Loan Underwriters in Wickliffe, OH offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Estimating
- CPCU
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- Loan Review
- Tila Respa Integrated Disclosures
- Conventional Loans
- Commercial Lending
- BSA
- Federal National Morgage Association
- FHLMC
- Loan Processing
- Freddie Mac
- Private Banking
- Fannie Mae
- Cross Selling
- Encompass
- OFAC
- Mortgage Processing
- Financial Services
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- Capital Markets
- USDA
- Valuation
- Underwriting
- Financial Statements
- Portfolio Management
- Appraisal
- Due Diligence
- Financial Analysis
- File Management
- Real Estate
- Closing
- Finance
- Decision Making
- Analytical Skills
- Accounting
- Negotiation
- Written Communication
- Documentation
- Coaching
- Verbal Communication
- Telephone Skills
- Mentoring
- Collaboration
- Filing
- Policy Development
- Bachelor's Degree
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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