Loan Underwriter Jobs in Fairless Hills, PA
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 I - Small Business
- Kingston, NJ (18 miles from Fairless Hills, PA)
- 19 hours ago
- Kingston, NJ (18 miles from Fairless Hills, PA)
- 19 hours ago
and involved with post approval review with the post approval team to ensure conditions of lending are met or appropriately mitigated prior to loan closing Meets turnaround requirements of a high-volume...
Commercial Credit Underwriter III - Small Business
- Cherry Hill, NJ (20 miles from Fairless Hills, PA)
- 1 day ago
- Cherry Hill, NJ (20 miles from Fairless Hills, PA)
- 1 day 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...
E&S Small Business Underwriter
- Blue Bell, PA (23 miles from Fairless Hills, PA)
- 2 days ago
- Blue Bell, PA (23 miles from Fairless Hills, PA)
- 2 days ago
Company Details Berkley Aspire is passionate about making excess and surplus lines business easy to transact. We differentiate ourselves by continually innovating to bring market-leading...
- Blue Bell, PA (23 miles from Fairless Hills, PA)
- 3 days ago
- Blue Bell, PA (23 miles from Fairless Hills, PA)
- 3 days ago
Job Description Apply Now Position Summary: Responsible for performing various duties to support the Underwriting Department; coordinating work within the department, as well as with other...
Commercial Credit Underwriter I - Small Business
- Cherry Hill, NJ (20 miles from Fairless Hills, PA)
- 3 days ago
- Cherry Hill, NJ (20 miles from Fairless Hills, PA)
- 3 days ago
and involved with post approval review with the post approval team to ensure conditions of lending are met or appropriately mitigated prior to loan closing Meets turnaround requirements of a high-volume...
Life & Disability Financial Underwriter
- Trenton, NJ (5 miles from Fairless Hills, PA)
- 12 days ago
- Trenton, NJ (5 miles from Fairless Hills, PA)
- 12 days ago
Become a part of our caring community and help us put health first** The Life & Disability Financial Underwriter computes rates for both renewing and prospective group life and disability...
Underwriter/Senior Underwriter (Hybrid)
- Hamilton, NJ (5 miles from Fairless Hills, PA)
- 13 days ago
- Hamilton, NJ (5 miles from Fairless Hills, PA)
- 13 days ago
About Us At Selective, we don't just insure uniquely, we employ uniqueness. Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent...
- Trenton, NJ (5 miles from Fairless Hills, PA)
- 14 days ago
- Trenton, NJ (5 miles from Fairless Hills, PA)
- 14 days ago
MORTGAGE LOAN UNDERWRITER II* WHAT IS THE OPPORTUNITY?...
Demographic Data for Fairless Hills, PA
Moving to Fairless Hills, PA? Find some basic demographic data about Fairless Hills, PA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Fairless Hills, PA
Highest Education Level
Loan Underwriters in Fairless Hills, PA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Presentation
- Military Background
- Reimbursement
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Credit Underwriting
- FHLMC
- Fannie Mae
- Loan Processing
- Freddie Mac
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Financial Services
- USDA
- Cash Flow Analysis
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Taxes
- Portfolio Management
- Financial Modeling
- Appraisal
- Risk Analysis
- Financial Analysis
- Real Estate
- Strategy Development
- Finance
- Closing
- Accounting
- Quality Control
- Written Communication
- Negotiation
- Verbal Communication
- Mentoring
- Documentation
- Filing
- Reporting
- Regulations
- Policy Development
- Microsoft Office
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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Here are some other career titles that require similar skills
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