Loan Underwriter Jobs in South Carolina
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 Columbia , South Carolina MANAGER MORTGAGE LOAN UNDERWRITER WHAT IS THE OPPORTUNITY?...
relationship management, underwriting, and/or adjudication experience Prior lending authority >/= $1 million preferred Small Business Administration/Agency, Healthcare Practice Solutions, or other...
Commercial Credit Approval Officer I (Small Business New Loan Origination)
- Greenville, SC
- 12 days ago
- Greenville, SC
- 12 days ago
relationship management, underwriting, and/or adjudication experience Prior lending authority >/= $1 million preferred Small Business Administration/Agency, Healthcare Practice Solutions, or other...
Remote WorkInsurance Underwriter Real Estate Investor P&C Lines
- Fort Mill, SC
- 29 days ago
- Fort Mill, SC
- 29 days ago
REMOTE WORK FROM HOME MAY BE AVAILBLE Manage habitational real estate underwriting program ensuring that underwriting practices and guidelines are followed and pricing, risk selection, and quality is...
Remote WorkMORTGAGE LOAN UNDERWRITER SENIOR WHAT IS THE OPPORTUNITY?...
MORTGAGE LOAN UNDERWRITER II WHAT IS THE OPPORTUNITY?...
Any mortgage lender that commits at least 10% of its profits to helping the neighborhoods it serves is an Impact Lender. At Movement, we are Impact Lenders....
Demographic Data for South Carolina
Moving to South Carolina? Find some basic demographic data about South Carolina below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in South Carolina
Highest Education Level
Loan Underwriters in South Carolina 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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