Loan Underwriter Jobs in Hawthorne, 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.

1-12 of 12 Jobs

Manager Mortgage Loan Underwriter

  • Los Angeles, CA (6 miles from Hawthorne, CA)
  • 2 days ago
  • Los Angeles, CA (6 miles from Hawthorne, CA)
  • 2 days ago

City National Bank Manager Mortgage Loan Underwriter in Los Angeles , California MANAGER MORTGAGE LOAN UNDERWRITER WHAT IS THE OPPORTUNITY?...

Jr. Underwriter

  • Los Angeles, CA (6 miles from Hawthorne, CA)
  • 8 days ago
  • Los Angeles, CA (6 miles from Hawthorne, CA)
  • 8 days ago

Support in reviewing appraisals to ensure they meet company guidelines and underwriting requirements....

Credit Underwriter

  • Cypress, CA (18 miles from Hawthorne, CA)
  • 9 days ago
  • Cypress, CA (18 miles from Hawthorne, 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 (20 miles from Hawthorne, CA)
  • 12 days ago
  • Pasadena, CA (20 miles from Hawthorne, 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 (6 miles from Hawthorne, CA)
  • 12 days ago
  • Los Angeles, CA (6 miles from Hawthorne, 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...

Jr Underwriter - CIB

  • Los Angeles, CA (6 miles from Hawthorne, CA)
  • 21 days ago
  • Los Angeles, CA (6 miles from Hawthorne, 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...

Senior Credit Underwriter

  • Los Angeles, CA (6 miles from Hawthorne, CA)
  • 30+ days ago
  • Los Angeles, CA (6 miles from Hawthorne, 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...

Manager, Loan Closing

  • Los Angeles, CA (6 miles from Hawthorne, CA)
  • 30+ days ago
  • Los Angeles, CA (6 miles from Hawthorne, 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 (6 miles from Hawthorne, CA)
  • 45+ days ago
  • Los Angeles, CA (6 miles from Hawthorne, 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 (Hollywood)

  • Hollywood, CA (12 miles from Hawthorne, CA)
  • 60+ days ago
  • Hollywood, CA (12 miles from Hawthorne, 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 (6 miles from Hawthorne, CA)
  • 90+ days ago
  • Los Angeles, CA (6 miles from Hawthorne, 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 (12 miles from Hawthorne, CA)
  • 90+ days ago
  • Hollywood, CA (12 miles from Hawthorne, 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 Hawthorne, CA

Moving to Hawthorne, CA? Find some basic demographic data about Hawthorne, CA below.


Local
National
97,653
1,400
Medium/Lg

Loan Underwriter Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
Qard Basics: Benevolent Loans in Islamic Finance
When someone provides a qard, the borrower is obligated to repay only the principal amount borrowed. As a benevolent loan, qard stands as a testament to the prohibition of usury (riba) in Islam,...
Financial Math for Actuaries: From Loans to Bonds to Immunization
Start your actuarial career! Study the time value of money by learning about loans, bond valuation, duration, convexity, spot rates, forward rates and the term structure of interest rates. This...
Loan Security
Manage the risk of a borrower defaulting on the loan by using security Loan Security Course Overview This loan security course will teach you how to manage the risk of a loan by using security. We...

Salary for Loan Underwriter Jobs in Hawthorne, CA

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Highest Education Level

Loan Underwriters in Hawthorne, CA offer the following education background
Bachelor's Degree
44.6%
Master's Degree
16.6%
High School or GED
14.6%
Associate's Degree
11.2%
Vocational Degree or Certification
8.9%
Some College
2.5%
Doctorate Degree
1.2%
Some High School
0.4%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Loan Underwriters in Hawthorne, CA
4-6 years
40.5%
2-4 years
30.9%
Less than 1 year
14.0%
10+ years
6.3%
1-2 years
6.1%
6-8 years
2.2%



Loan Underwriter Related Career Advice Articles

banker looking at charts on laptop
How to Decide Between Investment Banking and Commercial Banking

Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.

Read article »
personal banker going over paperwork with her clients
Career Spotlight: Personal Banker

What does a personal banker do? Is a personal banker salary rewarding? Get answers to these questions and more in our guide to personal banker careers.

Read article »