Loan Underwriter Jobs in Tysons Corner, 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.
Senior Direct Endorsement Residential Underwriter
- Washington, DC (11 miles from Tysons Corner, VA)
- 3 hours ago
- Washington, DC (11 miles from Tysons Corner, VA)
- 3 hours ago
ensure loans are underwritten in a timely manner Maintain current knowledge of mortgage loan programs, procedures, and guidelines Use Northwest's loan origination systems and agency automated underwriting...
Mortgage Lending Senior Underwriter & Operations Manager
- Tysons Corner, VA
- 1 day ago
- Tysons Corner, VA
- 1 day ago
Proficient in with Excel, Word and Loan Origination Software programs. Supervisory Responsibilities: Management of the Consumer Lending Operations team....
Single Family Loan Underwriter
- Washington, DC (11 miles from Tysons Corner, VA)
- 15 days ago
- Washington, DC (11 miles from Tysons Corner, VA)
- 15 days ago
Primary responsibilities include mortgage underwriting and analysis, review of loan closing documents and communication with the lender network for all Single Family Programs....
- Washington, DC (11 miles from Tysons Corner, VA)
- 24 days ago
- Washington, DC (11 miles from Tysons Corner, VA)
- 24 days ago
requests Communicate decision on loans to appropriate parties Confirm adverse decisions Partner with Mortgage Bankers Identify and resolve loan issues Recommend improvements to procedures Maximize use of loan...
Multifamily Senior Underwriter Affordable Housing
- McLean, VA (3 miles from Tysons Corner, VA)
- 45+ days ago
- McLean, VA (3 miles from Tysons Corner, VA)
- 45+ days ago
Our Impact: Our team is responsible for underwriting Targeted Affordable Housing (TAH) loans originated coast to coast by our network of Optigo Lenders We are innovators in the industry by evaluating...
Demographic Data for Tysons Corner, VA
Moving to Tysons Corner, VA? Find some basic demographic data about Tysons Corner, VA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Tysons Corner, VA
Highest Education Level
Loan Underwriters in Tysons Corner, VA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Driving
- Property and Casualty Insurance
- Reimbursement
- CPCU
- Retail Banking
- Mortgage Lending
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Federal National Morgage Association
- Loan Documentation
- Commercial Banking
- Credit Underwriting
- Jumbo Loans
- FHLMC
- Loan Review
- Conventional Loans
- Commercial Lending
- BSA
- Loan Processing
- Freddie Mac
- Private Banking
- Fannie Mae
- Cross Selling
- OFAC
- Mortgage Processing
- Financial Services
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- USDA
- Underwriting
- Financial Statements
- Appraisal
- Financial Modeling
- Portfolio Management
- Due Diligence
- File Management
- Financial Analysis
- Real Estate
- Closing
- Finance
- Decision Making
- Analytical Skills
- Accounting
- Negotiation
- Written Communication
- Documentation
- Verbal Communication
- Mentoring
- Coaching
- Reporting
- Collaboration
- Filing
- Policy Development
- Bachelor's Degree
- Problem Solving
- Regulations
- Microsoft Excel
- Microsoft Office
- Sales
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Scheduling
- Leadership
- Communication Skills
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