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.

1-15 of 23 Jobs

Senior Consumer Credit Underwriter

  • San Antonio, TX
  • 18 hours ago
  • San Antonio, TX
  • 18 hours ago

Thorough knowledge of consumer lending and regulatory issues is a plus. Experience with credit scoring, automated application, and underwriting systems is preferred....

GWIM Custom Lending Senior Credit Underwriter

  • Fort Worth, TX
  • 24 days ago
  • Fort Worth, TX
  • 24 days ago

Purpose: The purpose of the SCU is to use key financial measures and a consistent, structured financial approach to underwrite custom lending requests and mange a loan portfolio in alignment with our...

Credit Underwriter III - Job ID: 734

  • TX
  • 2 days ago
  • TX
  • 2 days ago

As both a direct lender and a marketplace built with a trusted network of lending partners, we can provide small businesses with the financing they need when, and how it is needed....

Remote Work

Special Projects Manager (Loan Servicing) - Grant Funded

  • San Antonio, TX
  • 3 days ago
  • San Antonio, TX
  • 3 days ago

Job Summary Under administrative direction, is responsible for managing and coordinating complex administrative projects or activities that require a high degree of specialized knowledge. Conducts...

Sr. FHA Underwriter

  • Plano, TX
  • 4 days ago
  • Plano, TX
  • 4 days ago

Housing Administration (FHA) underwriting Preferred Qualifications 7+ years of commercial real estate experience 7+ years of experience underwriting FHA-insured loans with some experience managing...

Special Projects Manager (Loan Servicing) - Grant Funded

  • San Antonio, TX
  • 4 days ago
  • San Antonio, TX
  • 4 days ago

Under administrative direction, is responsible for managing and coordinating complex administrative projects or activities that require a high degree of specialized knowledge. Conducts research,...

Special Projects Manager (Loan Servicing)

  • San Antonio, TX
  • 12 days ago
  • San Antonio, TX
  • 12 days ago

Under administrative direction, is responsible for managing and coordinating complex administrative projects or activities that require a high degree of specialized knowledge. Conducts research,...

Underwriter - Commercial Lines - Austin, TX

  • Austin, TX
  • 12 days ago
  • Austin, TX
  • 12 days ago

Key Responsibilities: Evaluate and underwrite: Assess and manage submissions with precision, adhering to our guidelines and delegated authority....

Manager Mortgage Loan Underwriter

  • Austin, TX
  • 17 days ago
  • Austin, TX
  • 17 days ago

MANAGER MORTGAGE LOAN UNDERWRITER WHAT IS THE OPPORTUNITY?...

Senior Underwriter, Commercial

  • Austin, TX
  • 18 days ago
  • Austin, TX
  • 18 days ago

Minimum four years of commercial credit underwriting or equivalent commercial lending experience preferred. Understanding of dealership and wholesale administration a plus....

Senior Mortgage Loan Underwriter

  • Austin, TX
  • 19 days ago
  • Austin, TX
  • 19 days ago

Job Summary The Senior Mortgage Loan Underwriter performs appropriate and complex mortgage loan risk assessments to ultimately ensure the origination of an investment quality loan product....

Loan Review Analyst

  • Dallas, TX
  • 22 days ago
  • Dallas, TX
  • 22 days ago

Benefit highlights: 11 Paid Holidays, 15+ days of PTO, 401k Matching, Health Benefits, and more! The Loan Review Analyst I performs regular loan portfolio reviews on commercial, real estate and...

Senior Underwriter/AVP, Retail Energy

  • Dallas, TX
  • 25 days ago
  • Dallas, TX
  • 25 days ago

Able to adapt to underwriting to changing nature of the energy industry and maintain proficiency of energy insurance knowledge....

Credit Underwriter - Houston

  • Houston, TX
  • 29 days ago
  • Houston, TX
  • 29 days ago

Minimum of five years’ experience in commercial bank underwriting or lending. Thorough knowledge of commercial/industrial loan underwriting. Working knowledge of investor real estate underwriting....

AVP, Corporate Loan Manager

  • Austin, TX
  • 30+ days ago
  • Austin, TX
  • 30+ days ago

Experience in corporate lending or product management advantageous....

Demographic Data for Texas

Moving to Texas? Find some basic demographic data about Texas below.


Local
National
29,144,347
636,376

Loan Underwriter Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...
Get hired as a mortgage underwriter
Are you ready to kickstart a rewarding career in the mortgage industry? This course is your ultimate guide to becoming a mortgage underwriter-one of the most critical roles in the home lending...

Salary for Loan Underwriter Jobs in Texas

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Underwriters in Texas offer the following education background
Bachelor's Degree
44.6%
Master's Degree
16.6%
High School or GED
14.6%
Associate's Degree
11.2%
Vocational Degree or Certification
8.9%
Some College
2.5%
Doctorate Degree
1.2%
Some High School
0.4%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Underwriters in Texas
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



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