Loan Underwriter Jobs in Washington
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.
and other bank policies **Qualifications:** + Bachelor's Degree in (or emphasis in) business, marketing or finance preferred + 5+ years of experience in commercial lending or related banking + Proficiency...
Salary Range $26.54 - $39.81 Hourly Travel Percentage Hybrid Job Shift Mon - Fri, Rotating 1/2 Days Sat Job Category Finance Description Sound Credit Union is currently seeking a Consumer Loan Underwriter...
Account Executive Officer/Senior Underwriter Commercial Accounts
- Federal Way, WA
- 1 day ago
- Federal Way, WA
- 1 day 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 - Ocean
- Spokane Valley, WA
- 1 day ago
- Spokane Valley, WA
- 1 day 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...
Salary Range $43.85 - $65.77 Hourly Travel Percentage Hybrid Job Shift Monday - Friday Job Category Finance Description Sound Credit Union is currently seeking a Senior Business Loan Underwriter / Credit...
Account Executive Officer/Senior Underwriter Construction Loss Sensitive
- Bellevue, WA
- 1 day ago
- Bellevue, WA
- 1 day 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...
Small Business Underwriter (hybrid role - Spokane or Walla Walla, WA)
- Spokane, WA
- 1 day ago
- Spokane, WA
- 1 day ago
Knowledge of federal and state laws and regulations relating to small business lending, including SBA Express program policies and procedures....
This role is responsible for managing all investor and agency audit responses, overseeing documentation flow across underwriting and operations, handling lender self-reporting requirements, and coordinating...
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,...
**About** **You:** + Bachelors degree in business, Finance, Accounting, or equivalent work experience (Required) + 7-10 years of commercial underwriting/credit analysis experience or relevant lending...
Actively seeking an experienced SBA Loan Underwriter to: Underwrite SBA loans in accordance with the Bank’s policies and procedures....
Overview Compensation Salary Range: $103,300 to 172,200 plus eligibility for annual bonus program Your education, experience and skills BA or BS undergraduate degree. 10 years of commercial real estate lending...
MORTGAGE LOAN UNDERWRITER SENIOR* WHAT IS THE OPPORTUNITY?...
MORTGAGE LOAN UNDERWRITER II* WHAT IS THE OPPORTUNITY?...
Essential Functions: Perform credit analysis and underwrite commercial loan applications received by Relationship Managers to determine eligibility of request, ensuring compliance with First Federal Lending...
Demographic Data for Washington
Moving to Washington? Find some basic demographic data about Washington below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Washington
Highest Education Level
Loan Underwriters in Washington offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Military Background
- Reimbursement
- CPCU
- Mortgage Lending
- Loan Origination
- Lending
- BSA
- Federal National Morgage Association
- Federal Housing Administration
- Loan Documentation
- Jumbo Loans
- Commercial Banking
- Loan Review
- Conventional Loans
- Commercial Lending
- Fannie Mae
- FHLMC
- Freddie Mac
- Loan Processing
- Credit Underwriting
- Know Your Customer
- OFAC
- Encompass
- Mortgage Processing
- Credit Analysis
- Mortgage Underwriting
- Financial Services
- USDA
- Cash Flow Analysis
- Underwriting
- Internal Control
- Financial Statements
- Fraud Investigation
- Taxes
- Portfolio Management
- Appraisal
- Financial Analysis
- Resolution
- Real Estate
- Relationship Management
- Finance
- Process Improvement
- Analytical Skills
- Accounting
- Quality Control
- Negotiation
- Auditing
- Mentoring
- Documentation
- Filing
- Regulations
- Reporting
- Policy Development
- Sales
- Microsoft Office
- Problem Solving
- Microsoft Excel
- Microsoft Word
- Time Management
- Staff Supervision
- Organization
- Communication Skills
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