Loan Underwriter Jobs in Frisco, TX
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
- Farmers Branch, TX (18 miles from Frisco, TX)
- 20 hours ago
- Farmers Branch, TX (18 miles from Frisco, TX)
- 20 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 Work- Plano, TX (11 miles from Frisco, TX)
- 1 day ago
- Plano, TX (11 miles from Frisco, TX)
- 1 day ago
origination systems Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Prospector Knowledge of mortgage lending laws and regulations Why You Should Join As one of...
Underwriter - Mortgage Fulfillment
- Plano, TX (11 miles from Frisco, TX)
- 1 day ago
- Plano, TX (11 miles from Frisco, TX)
- 1 day ago
underwriting experience required Solid knowledge of mortgage underwriting and of basic automated underwriting systems Proficiency with basic automated underwriting systems Knowledge of mortgage laws...
- Addison, TX (15 miles from Frisco, TX)
- 4 days ago
- Addison, TX (15 miles from Frisco, TX)
- 4 days ago
You will thoroughly document the overall credit decision in both the loan file and in the loan origination system; including the credit, income, asset and valuation analysis....
- Plano, TX (11 miles from Frisco, TX)
- 6 days ago
- Plano, TX (11 miles from Frisco, TX)
- 6 days ago
of residential Mortgage underwriting experience demonstrated qualifying experience in a mortgage or financial institution; working knowledge of laws, regulations, policies and procedures governing...
DE Mortgage Underwriter (100% Remote)
- Plano, TX (11 miles from Frisco, TX)
- 12 days ago
- Plano, TX (11 miles from Frisco, TX)
- 12 days ago
Loan Underwriting: Review and assess files submitted by broker clients, ensuring compliance with FHA, VA, and conventional lending guidelines....
Remote WorkSr Manager Loan Transfers (On-site)
- Coppell, TX (17 miles from Frisco, TX)
- 30+ days ago
- Coppell, TX (17 miles from Frisco, TX)
- 30+ days ago
Exceed the expectations of our residential mortgage borrowers & business partners through superior service, simple processes, and effective communications. We deliver on this mission by empowering...
- Plano, TX (11 miles from Frisco, TX)
- 30+ days ago
- Plano, TX (11 miles from Frisco, TX)
- 30+ days ago
Prepare credit memorandums that summarize lending opportunities, the associated risks, and the proposed loan structure. Describes how loan structures mitigate identified risks....
Demographic Data for Frisco, TX
Moving to Frisco, TX? Find some basic demographic data about Frisco, TX below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Frisco, TX
Required or preferred licenses and certifications for Loan Underwriter positions.
Highest Education Level
Loan Underwriters in Frisco, TX 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
- Automated Clearing House
- Commercial Lending
- Encompass
- Freddie Mac
- 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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