Loan Underwriter Jobs in North Wales, 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.
- Center Valley, PA (24 miles from North Wales, PA)
- 14 days ago
- Center Valley, PA (24 miles from North Wales, PA)
- 14 days ago
Overview Shift4 (NYSE: FOUR) is boldly redefining commerce by simplifying complex payments ecosystems across the world. As the leader in commerce-enabling technology, Shift4 powers billions of...
- Ewing, NJ (24 miles from North Wales, PA)
- 23 days ago
- Ewing, NJ (24 miles from North Wales, PA)
- 23 days ago
underwriting- experience with FHA/VA/Conventional loans Strong attention to detail and administrative skills Excellent written and verbal communication skills Detail oriented Ability to work in a fast...
Account Executive Officer/Sr. Underwriter, National Property
- Blue Bell, PA (3 miles from North Wales, PA)
- 30+ days ago
- Blue Bell, PA (3 miles from North Wales, PA)
- 30+ days 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...
Account Executive Officer/Sr. Underwriter, National Accounts
- Blue Bell, PA (3 miles from North Wales, PA)
- 30+ days ago
- Blue Bell, PA (3 miles from North Wales, PA)
- 30+ days 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...
- Chalfont, PA (6 miles from North Wales, PA)
- 30+ days ago
- Chalfont, PA (6 miles from North Wales, PA)
- 30+ days ago
Proficiency with commercial lending software (e.g. nCino) and Microsoft Office Suite (Excel, Word, Outlook). Working knowledge of NCUA regulations, lending compliance, and loan documentation....
- Blue Bell, PA (3 miles from North Wales, PA)
- 45+ days ago
- Blue Bell, PA (3 miles from North Wales, PA)
- 45+ 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...
- Malvern, PA (18 miles from North Wales, PA)
- 90+ days ago
- Malvern, PA (18 miles from North Wales, PA)
- 90+ days ago
Manage daily operations of syndicated and/or private debt portfolios, including direct lending, middle market credit and real estate debt transactions Ensure client deliverables are met timely and accurately...
Demographic Data for North Wales, PA
Moving to North Wales, PA? Find some basic demographic data about North Wales, PA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in North Wales, PA
Highest Education Level
Loan Underwriters in North Wales, PA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Driving
- 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
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- USDA
- Valuation
- Underwriting
- Financial Statements
- Financial Modeling
- 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
- Mentoring
- Collaboration
- Filing
- Policy Development
- Bachelor's Degree
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Organization
- Customer Service
- Scheduling
- 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 »