Loan Underwriter Jobs in Mukilteo, WA
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.
- Seattle, WA (20 miles from Mukilteo, WA)
- 2 days ago
- Seattle, WA (20 miles from Mukilteo, WA)
- 2 days ago
(Required) 7-10 years of commercial underwriting/credit analysis experience or relevant lending experience. (Required) 7+ years of relevant Tribal banking experience....
Account Executive Officer/Senior Underwriter Commercial Accounts
- Bellevue, WA (20 miles from Mukilteo, WA)
- 9 days ago
- Bellevue, WA (20 miles from Mukilteo, WA)
- 9 days ago
Who Are We?** Taking care of our customers, our communities and each other. Thats the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
Account Executive Officer/Senior Underwriter Construction Loss Sensitive
- Bellevue, WA (20 miles from Mukilteo, WA)
- 9 days ago
- Bellevue, WA (20 miles from Mukilteo, WA)
- 9 days ago
Who Are We? Taking care of our customers, our communities and each other. Thats the Travelers Promise. By honoring this commitment, we have maintained our reputation as one of the best property...
Assistant Manager Loan Servicing Support - Admin
- Mountlake Terrace, WA (8 miles from Mukilteo, WA)
- 27 days ago
- Mountlake Terrace, WA (8 miles from Mukilteo, WA)
- 27 days ago
Job Details Level: Management Job Location: MLT Headquarters - Mountlake Terrace, WA Position Type: Full Time Education Level: High School Salary Range: $25.00 - $36.00 Hourly Job Shift: Day Job...
Assistant Manager, Loan Processing
- Seattle, WA (20 miles from Mukilteo, WA)
- 45+ days ago
- Seattle, WA (20 miles from Mukilteo, WA)
- 45+ days ago
Cornerstone Home Lending, a division of Cornerstone Capital Bank, is a unique national home lender with a reputation of amazing service, customer satisfaction, on-time closings, employee retention,...
Demographic Data for Mukilteo, WA
Moving to Mukilteo, WA? Find some basic demographic data about Mukilteo, WA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Mukilteo, WA
Highest Education Level
Loan Underwriters in Mukilteo, WA 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
- FHLMC
- Automated Clearing House
- Loan Processing
- Freddie Mac
- Cross Selling
- OFAC
- Encompass
- Mortgage Processing
- Mortgage Underwriting
- Credit Analysis
- Financial Services
- Treasury Management
- Cash Flow Analysis
- Balance Sheets
- Underwriting
- Financial Statements
- Portfolio Management
- Appraisal
- Risk Analysis
- Financial Analysis
- Real Estate
- Risk Management
- Closing
- Strategy Development
- Finance
- Accounting
- Written Communication
- Negotiation
- Verbal Communication
- Mentoring
- Collaboration
- Documentation
- Reporting
- Coaching
- Bachelor's Degree
- Regulations
- Policy Development
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Sales
- Microsoft Word
- Time Management
- Organization
- Customer Service
- Leadership
- Communication Skills
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