Loan Underwriter Jobs in Ohio
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.
Senior Credit Underwriter - Distribution Finance
- Columbus, OH
- 10 hours ago
- Columbus, OH
- 10 hours 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 WorkICG Portfolio Mgr 6 (Senior Underwriter) - Consumer and Retail
- Cincinnati, OH
- 1 day ago
- Cincinnati, OH
- 1 day ago
At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and...
The Commercial Loan Underwriter will also conduct a cash flow analysis determining how much cash and liquid assets a business has on hand with how much it owes....
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
- 20 days ago
- Independence, OH
- 20 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...
Analyzing the risk involved in approving a loan to determine whether or not it is acceptable to the lender....
Insures that all credit analysis activities are conducted in accordance with prescribed lending policy....
Work with loan processors and lenders to obtain proper loan documentation so a proper decision can be made....
A local community bank is seeking to hire a full time Commercial Credit Underwriter that will sit hybrid onsite in Columbus or Marion Ohio. The position of Commercial Credit Underwriter is...
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...
origination system Evaluate the entire credit package and collateral for residential mortgage loans Ensure an "investment" quality loan product Additional Essential Functions Ensure compliance with...
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...
JOB SUMMARY The Consumers Loan Underwriter, reporting to the Consumer Lending Manager, is responsible for reviewing all consumer loan applications, credit history of applicants, and all other pertinent...
Credit Portfolio Underwriter Sr - BIN Sponsorship
- Columbus, OH
- 60+ days ago
- Columbus, OH
- 60+ days ago
Credit Portfolio Risk Analyst Summary: The Credit Portfolio Risk Analyst, Senior (BIN Sponsorship) services, deepens, and retains assigned profitable customer relationships by proactively...
Remote WorkProficient with the Microsoft suite of products and commercial loan origination system software platforms. nCino experience a plus....
Demographic Data for Ohio
Moving to Ohio? Find some basic demographic data about Ohio below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Ohio
Required or preferred licenses and certifications for Loan Underwriter positions.
Highest Education Level
Loan Underwriters in Ohio offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Presentation
- 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
- VA Loans
- Conventional Loans
- BSA
- Loan Processing
- Federal National Morgage Association
- Commercial Lending
- Encompass
- Freddie Mac
- Know Your Customer
- Fannie Mae
- FHLMC
- Cross Selling
- OFAC
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Cash Flow Analysis
- USDA
- Underwriting
- Anti-Money Laundering
- Financial Statements
- Portfolio Management
- Appraisal
- Due Diligence
- Financial Analysis
- Real Estate
- Risk Management
- Finance
- Closing
- Decision Making
- High School Diploma
- Negotiation
- Written Communication
- Documentation
- Accounting
- Coaching
- Mentoring
- Collaboration
- Policy Development
- Bachelor's Degree
- Filing
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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