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.
Thorough knowledge of consumer lending and regulatory issues is a plus. Experience with credit scoring, automated application, and underwriting systems is preferred....
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...
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 WorkSpecial 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...
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,...
Under administrative direction, is responsible for managing and coordinating complex administrative projects or activities that require a high degree of specialized knowledge. Conducts research,...
Key Responsibilities: Evaluate and underwrite: Assess and manage submissions with precision, adhering to our guidelines and delegated authority....
MANAGER MORTGAGE LOAN UNDERWRITER WHAT IS THE OPPORTUNITY?...
Minimum four years of commercial credit underwriting or equivalent commercial lending experience preferred. Understanding of dealership and wholesale administration a plus....
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....
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...
Able to adapt to underwriting to changing nature of the energy industry and maintain proficiency of energy insurance knowledge....
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....
Experience in corporate lending or product management advantageous....
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
- Federal National Morgage Association
- Mortgage Lending
- Consumer Lending
- Lending
- Loan Origination
- Loan Documentation
- FHLMC
- Fannie Mae
- Jumbo Loans
- Loan Review
- Commercial Banking
- BSA
- Freddie Mac
- Conventional Loans
- Commercial Lending
- Federal Housing Administration
- Tila Respa Integrated Disclosures
- Loan Processing
- OFAC
- Credit Underwriting
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Cash Flow Analysis
- Mortgage Underwriting
- Financial Services
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Financial Modeling
- Due Diligence
- Financial Analysis
- Resolution
- Real Estate
- Customer Satisfaction
- Finance
- Accounting
- Process Improvement
- Quality Control
- Decision Making
- Auditing
- Verbal Communication
- Written Communication
- Documentation
- Bachelor's Degree
- Reporting
- Sales
- Regulations
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Research Skills
- Leadership
- Communication Skills
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