Loan Underwriter Jobs in St Petersburg, FL
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.
Underwriter - Mortgage Fulfillment
- Tampa, FL (16 miles from St Petersburg, FL)
- 1 day ago
- Tampa, FL (16 miles from St Petersburg, FL)
- 1 day ago
required, including Home Mortgage Disclosure Act Knowledge of state and federal agency mortgage loan guidelines and regulations helpful Why You Should Join As one of the top mortgage lenders in the...
Multifamily Credit Underwriter
- Tampa, FL (16 miles from St Petersburg, FL)
- 30+ days ago
- Tampa, FL (16 miles from St Petersburg, FL)
- 30+ days ago
Primary Position Objective Under the supervision of the Multifamily Credit Underwriting Manager and senior associates, underwrite affordable multifamily transactions that utilize various forms of construction...
- Tampa, FL (16 miles from St Petersburg, FL)
- 30+ days ago
- Tampa, FL (16 miles from St Petersburg, FL)
- 30+ days ago
What you'll bring: Five years to eight years of credit underwriting and SBA 7a underwriting experience required. Bachelor's Degree in Accounting, Business, or Finance or a related field of study....
- Tampa, FL (16 miles from St Petersburg, FL)
- 30+ days ago
- Tampa, FL (16 miles from St Petersburg, FL)
- 30+ days ago
Credit Underwriting, the Research & Credit Underwriting Associate will work closely with the Investment Management and Acquisition teams alongside the firm's management....
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Salary for Loan Underwriter Jobs in St Petersburg, FL
Highest Education Level
Loan Underwriters in St Petersburg, FL 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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