Loan Underwriter Jobs in Missouri
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.
City National Bank Manager Mortgage Loan Underwriter in Jefferson City , Missouri MANAGER MORTGAGE LOAN UNDERWRITER WHAT IS THE OPPORTUNITY?...
A foundation in credit analysis and risk assessment is an asset for a career in banking, and many of our analysts have ascended into lending and lending management roles within the company....
Operations Manager - Loan Servicing Management - Midland
- Kansas City, MO
- 11 days ago
- Kansas City, MO
- 11 days ago
Position Overview At PNC, our people are our greatest differentiator and competitive advantage in the markets we serve. We are all united in delivering the best experience for our customers. We...
As a Mortgage Loan Underwriter II, you will complete a thorough analysis of loan files to determine compliance with company, investor, and government guidelines and standards....
GWIM Custom Lending Senior Credit Underwriter
- Saint Louis, MO
- 14 days ago
- Saint Louis, MO
- 14 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...
City National Bank Mortgage Loan Underwriter Senior in Jefferson City , Missouri MORTGAGE LOAN UNDERWRITER SENIOR WHAT IS THE OPPORTUNITY?...
MORTGAGE LOAN UNDERWRITER II WHAT IS THE OPPORTUNITY?...
Demographic Data for Missouri
Moving to Missouri? Find some basic demographic data about Missouri below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Missouri
Highest Education Level
Loan Underwriters in Missouri 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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