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.
phone inquiries and emails with the loan originator to provide information or reasoning regarding loan decisions. • Review credit reports and interpret data along with analyzing key lending ratios...
Credit Manager/Sr Credit Underwriter Global Wealth & Investment Management Custom Lending
- Dallas, TX
- 7 days ago
- Dallas, TX
- 7 days ago
growth in a responsible and profitable manner, and managing a portfolio of existing lending relationships....
NAM Corporate Credit Underwriter/ Manager (In-Business Risk), Energy (SVP/C14) Irving , TX
- 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....
MORTGAGE LOAN UNDERWRITER SENIOR WHAT IS THE OPPORTUNITY?...
Mortgage Underwriter (Hybrid-Dallas)
- North Richland Hills, TX
- 11 days ago
- North Richland Hills, TX
- 11 days ago
Job Details: Schedule: Monday- Friday, 8am-4:30pm Work Environment: Hybrid/Commuting on-site 2 days a week Qualifications and Requirements: 1-3 years of Mortgage Underwriting required Associates or...
of recent MORTGAGE UNDERWRITING experience is REQUIRED + Associates or Bachelors degree preferred; High School Diploma required + Proficient in Microsoft Office Suite + Proficient in computer literacy...
Additional Skills & Qualifications 3+ years of mortgage underwriting experience required Solid knowledge of mortgage underwriting and of basic automated underwriting systems Proficiency with basic automated...
Job Description: At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and...
underwriting experience demonstrated qualifying experience in a mortgage or financial institution; working knowledge of laws, regulations, policies and procedures governing Banking and pertaining to...
This position plays a key role in supporting the mortgage underwriting process while contributing to the overall efficiency and success of mortgage operations....
Employee Applicant Privacy Notice Who we are: Shape a brighter financial future with us. Together with our members, we're changing the way people think about and interact with personal finance....
Actively seeking an experienced SBA Loan Underwriter to: Underwrite SBA loans in accordance with the Bank’s policies and procedures....
Develops credit information to make lending decisions on new, renewal and extension loans....
Prepare credit memorandums that summarize lending opportunities, the associated risks, and the proposed loan structure. Describes how loan structures mitigate identified risks....
Interact with credit approval officers, and lenders and participate in loan presentations to provide additional information and/or support conclusions reached in analysis....
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
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
- Military Background
- Marketing & Sales
- Property and Casualty Insurance
- Reimbursement
- CPCU
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Credit Underwriting
- Commercial Banking
- Jumbo Loans
- BSA
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Automated Clearing House
- Freddie Mac
- Loan Processing
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Financial Services
- Cash Flow Analysis
- Balance Sheets
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Risk Analysis
- Financial Analysis
- Real Estate
- Risk Management
- Closing
- Strategy Development
- Finance
- Accounting
- Quality Control
- Written Communication
- Negotiation
- Verbal Communication
- Mentoring
- Collaboration
- Documentation
- Reporting
- Coaching
- Bachelor's Degree
- Regulations
- Policy Development
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Time Management
- Organization
- Customer Service
- Leadership
- Communication Skills
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