Loan Underwriter Jobs in Tustin, 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.
Portfolio Manager/Underwriter - Commercial Real Estate
- Irvine, CA (4 miles from Tustin, CA)
- 7 hours ago
- Irvine, CA (4 miles from Tustin, CA)
- 7 hours ago
RESPONSIBILITIES Responsible and accountable for credit underwriting for existing customers including renewals, modifications, and annual reviews....
- Irvine, CA (4 miles from Tustin, CA)
- 8 days ago
- Irvine, CA (4 miles from Tustin, CA)
- 8 days ago
meetings Maintain a complete understanding of the Bank's lending objectives, its credit policies, and procedure, and the underwriting process, as well as various Bank lending products; this includes...
RN Case Manager - Loan Forgiveness & $20,000 Sign-on Bonus - Full Time, Days (Tustin)
- Tustin, CA
- 90+ days ago
- Tustin, CA
- 90+ 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...
Demographic Data for Tustin, CA
Moving to Tustin, CA? Find some basic demographic data about Tustin, CA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Tustin, CA
Highest Education Level
Loan Underwriters in Tustin, CA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Mortgage Lending
- Federal National Morgage Association
- Loan Origination
- Consumer Lending
- Lending
- Federal Housing Administration
- Fannie Mae
- Loan Documentation
- Jumbo Loans
- BSA
- Loan Review
- Conventional Loans
- Know Your Customer
- Commercial Banking
- FHLMC
- Commercial Lending
- Freddie Mac
- Credit Underwriting
- Loan Processing
- OFAC
- Mortgage Processing
- Treasury Management
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- Financial Services
- USDA
- Anti-Money Laundering
- Loan Servicing
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Taxes
- Financial Analysis
- Resolution
- Real Estate
- Customer Satisfaction
- Finance
- Closing
- Process Improvement
- Quality Control
- Accounting
- Decision Making
- Written Communication
- Verbal Communication
- Auditing
- Documentation
- Mentoring
- Reporting
- Filing
- Regulations
- Policy Development
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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