Loan Underwriter Jobs in Downey, CA
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.
Manager Mortgage Loan Underwriter
- Los Angeles, CA (7 miles from Downey, CA)
- 2 days ago
- Los Angeles, CA (7 miles from Downey, CA)
- 2 days ago
City National Bank Manager Mortgage Loan Underwriter in Los Angeles , California MANAGER MORTGAGE LOAN UNDERWRITER WHAT IS THE OPPORTUNITY?...
- Los Angeles, CA (7 miles from Downey, CA)
- 8 days ago
- Los Angeles, CA (7 miles from Downey, CA)
- 8 days ago
Support in reviewing appraisals to ensure they meet company guidelines and underwriting requirements....
- Cypress, CA (9 miles from Downey, CA)
- 9 days ago
- Cypress, CA (9 miles from Downey, CA)
- 9 days ago
Highly skilled in credit decisioning and have a solid understanding of consumer credit, and applicable federal and state regulations relative to consumer lending....
GWIM Custom Lending Senior Credit Underwriter
- Pasadena, CA (14 miles from Downey, CA)
- 12 days ago
- Pasadena, CA (14 miles from Downey, CA)
- 12 days ago
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...
Jr Underwriter - CIB - Telecom
- Los Angeles, CA (7 miles from Downey, CA)
- 12 days ago
- Los Angeles, CA (7 miles from Downey, CA)
- 12 days ago
Complete initial analysis of proposed transactions. Responsibilities include financial spreading and modeling, industry research, comparable credit analysis, and identification of credit risks...
- Los Angeles, CA (7 miles from Downey, CA)
- 21 days ago
- Los Angeles, CA (7 miles from Downey, CA)
- 21 days ago
Complete initial analysis of proposed transactions. Responsibilities include financial spreading and modeling, industry research, comparable credit analysis, and identification of credit risks...
- Los Angeles, CA (7 miles from Downey, CA)
- 30+ days ago
- Los Angeles, CA (7 miles from Downey, CA)
- 30+ days ago
or credit underwriting experience with a strong focus on small business and contract financing loansFamiliarity with reviewing and analyzing complex documents such as project budgets construction contracts...
- Los Angeles, CA (7 miles from Downey, CA)
- 30+ days ago
- Los Angeles, CA (7 miles from Downey, CA)
- 30+ days ago
As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial...
Mortgage Loan Underwriter Senior
- Los Angeles, CA (7 miles from Downey, CA)
- 45+ days ago
- Los Angeles, CA (7 miles from Downey, CA)
- 45+ days ago
MORTGAGE LOAN UNDERWRITER SENIOR WHAT IS THE OPPORTUNITY?...
RN Case Manager - Loan Forgiveness & $20,000 Sign-on Bonus - Full Time, Days (Tustin)
- Tustin, CA (22 miles from Downey, CA)
- 45+ days ago
- Tustin, CA (22 miles from Downey, CA)
- 45+ days ago
The RN Case Manager is responsible for performing clinical assessment and reassessment of acute care Inpatients for the purpose of performing utilization review, resource management and safe...
RN Case Manager - Loan Forgiveness & $20,000 Sign-on Bonus - Full Time, Days (Hollywood)
- Hollywood, CA (15 miles from Downey, CA)
- 60+ days ago
- Hollywood, CA (15 miles from Downey, CA)
- 60+ days ago
The RN Case Manager is responsible for performing clinical assessment and reassessment of acute care Inpatients for the purpose of performing utilization review, resource management and safe...
Manager - Loan Operations - Reconciliation Specialist
- Los Angeles, CA (7 miles from Downey, CA)
- 90+ days ago
- Los Angeles, CA (7 miles from Downey, CA)
- 90+ days ago
As a leading financial services and healthcare technology company based on revenue, SS&C is headquartered in Windsor, Connecticut, and has 27,000+ employees in 35 countries. Some 20,000 financial...
LVN Case Manager - Loan Forgiveness & $7,000 Sign-on Bonus - Full Time, Days (Hollywood)
- Hollywood, CA (15 miles from Downey, CA)
- 90+ days ago
- Hollywood, CA (15 miles from Downey, CA)
- 90+ days ago
Under the supervision of a Registered Nurse, the LVN Case Manager is responsible for prioritizing patient needs and collaborating with discharge coordinators to ensure a safe discharge plan....
Demographic Data for Downey, CA
Moving to Downey, CA? Find some basic demographic data about Downey, CA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Downey, CA
Highest Education Level
Loan Underwriters in Downey, CA 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
- Jumbo Loans
- Consumer Lending
- Loan Documentation
- Lending
- Loan Origination
- FHLMC
- Fannie Mae
- Loan Review
- Commercial Banking
- BSA
- Commercial Lending
- Federal Housing Administration
- Loan Processing
- Tila Respa Integrated Disclosures
- OFAC
- Credit Underwriting
- Mortgage Processing
- Loan Servicing
- Credit Analysis
- Cash Flow Analysis
- Mortgage Underwriting
- Financial Services
- Balance Sheets
- Underwriting
- Financial Statements
- Appraisal
- Financial Modeling
- Due Diligence
- Financial Analysis
- Resolution
- Problem Resolution
- Real Estate
- Customer Satisfaction
- Finance
- Process Improvement
- Accounting
- Decision Making
- Auditing
- Quality Control
- Written Communication
- Mentoring
- Documentation
- Bachelor's Degree
- Reporting
- Sales
- Regulations
- Policy Development
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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