Loan Underwriter Jobs in Prince William, VA
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.
Lead Commercial Real Estate Underwriter
- Bethesda, MD (24 miles from Prince William, VA)
- 3 days ago
- Bethesda, MD (24 miles from Prince William, VA)
- 3 days ago
Underwriting experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education Desired Qualifications: 5+ years of agency lending...
- McLean, VA (19 miles from Prince William, VA)
- 6 days ago
- McLean, VA (19 miles from Prince William, VA)
- 6 days ago
. + Review new and renewal loan applications to facilitate and ensure their compliance with HUD's lending guidance per the Multifamily handbook + Underwrite complex transactions with complicated borrower...
Commercial Credit Senior Underwriter/Portfolio Manager I, Not For Profit
- Falls Church, VA (15 miles from Prince William, VA)
- 16 days ago
- Falls Church, VA (15 miles from Prince William, VA)
- 16 days ago
Scope of Responsibilities: The Commercial Credit Underwriting/Portfolio Management Department is responsible to provide an independent credit quality assessment of the Bank's commercial clients....
Commercial Credit Underwriter I-II
- McLean, VA (19 miles from Prince William, VA)
- 17 days ago
- McLean, VA (19 miles from Prince William, VA)
- 17 days ago
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...
- Bethesda, MD (24 miles from Prince William, VA)
- 23 days ago
- Bethesda, MD (24 miles from Prince William, VA)
- 23 days ago
Knowledge of mortgage underwriting concepts, best practices, and procedures. EEO Statement We are an equal employment opportunity employer....
Mortgage Loan Underwriter Senior
- Washington, DC (21 miles from Prince William, VA)
- 60+ days ago
- Washington, DC (21 miles from Prince William, VA)
- 60+ days ago
MORTGAGE LOAN UNDERWRITER SENIOR WHAT IS THE OPPORTUNITY?...
Demographic Data for Prince William, VA
Moving to Prince William, VA? Find some basic demographic data about Prince William, VA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Prince William, VA
Highest Education Level
Loan Underwriters in Prince William, VA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Reimbursement
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Fannie Mae
- Jumbo Loans
- BSA
- Loan Documentation
- Loan Review
- Conventional Loans
- Know Your Customer
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Loan Processing
- Credit Underwriting
- Mortgage Processing
- Treasury Management
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- Financial Services
- USDA
- Loan Servicing
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Taxes
- Financial Analysis
- Resolution
- Real Estate
- Customer Satisfaction
- Finance
- Closing
- Accounting
- Process Improvement
- Quality Control
- Decision Making
- Verbal Communication
- Auditing
- Documentation
- Mentoring
- Reporting
- Regulations
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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