Loan Underwriter Jobs in Texas
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.
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....
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....
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....
of residential Mortgage underwriting experience demonstrated qualifying experience in a mortgage or financial institution; working knowledge of laws, regulations, policies and procedures governing...
GENERAL DESCRIPTION OF POSITION The Mortgage Loan Underwriter, Jr. will process and underwrite residential mortgage loans. The file will then be submitted to an underwriter for final approval....
Zurich is currently looking to hire an experienced E&S Primary Casualty Underwriter (Senior or AVP) to join the new E&S Primary Casualty team in our Dallas or Houston office! While this position...
Must possess specific area of underwriting expertise in at least one area of lending, such as commercial real estate, commercial and industrial lending or SBA lending....
Corporate Credit Underwriter/ Manager (In-Business Risk), Energy - Senior Vice President
- Irving, TX
- 8 days ago
- Irving, TX
- 8 days ago
Specific experience within Energy is preferred, including Reserve Based Lending structures, Commodity derivatives and Leveraged Financings....
Loan Underwriting: Review and assess files submitted by broker clients, ensuring compliance with FHA, VA, and conventional lending guidelines....
Remote WorkGENERAL DESCRIPTION OF POSITION The Mortgage Loan Underwriter II is responsible for the underwriting function for residential mortgage loans and related products....
NAM Corporate Credit Underwriter/ Manager (In-Business Risk), Energy - Senior Vice President
- Irving, TX
- 9 days ago
- Irving, TX
- 9 days ago
Specific experience within Energy is preferred, including Reserve Based Lending structures, Commodity derivatives and Leveraged Financings....
Retail Credit Underwriter As a Retail Credit Underwriter, you will be expected to execute the risk management and credit underwriting processes within DLL, based on assigned authority levels and...
Remote WorkStrong understanding of policies, procedures, compliance and approval process at a Corporate Bank, including comprehension of US lending regulations....
Accurately answer questions from and educate loan officers, loan processors, and other appropriate personnel about underwriting rules and how they apply to individual loan applications....
Remote WorkYou will have the opportunity to shape the quality of the company's lending portfolio through your daily actions and implementation of new ideas....
Demographic Data for Texas
Moving to Texas? Find some basic demographic data about Texas below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Texas
Required or preferred licenses and certifications for Loan Underwriter positions.
Highest Education Level
Loan Underwriters in Texas offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Presentation
- CPCU
- Umbrella Insurance
- 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
- Loan Processing
- Federal National Morgage Association
- 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
- Financial Modeling
- Appraisal
- Due Diligence
- Financial Analysis
- Real Estate
- Risk Management
- Finance
- Closing
- Analytical Skills
- High School Diploma
- Negotiation
- Accounting
- Written Communication
- Documentation
- Coaching
- Mentoring
- Collaboration
- Filing
- Policy Development
- Bachelor's Degree
- Regulations
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Sales
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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