Loan Underwriter Jobs in Stafford, TX
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.
- Houston, TX (15 miles from Stafford, TX)
- 17 days ago
- Houston, TX (15 miles from Stafford, TX)
- 17 days ago
Minimum of five years’ experience in commercial bank underwriting or lending. Thorough knowledge of commercial/industrial loan underwriting. Working knowledge of investor real estate underwriting....
Commercial Loan Review Analyst- Bellaire or Victoria
- Houston, TX (15 miles from Stafford, TX)
- 22 days ago
- Houston, TX (15 miles from Stafford, TX)
- 22 days ago
External Applicants: Please apply through Prosperity Bank's Career Center at. Applying through any other source may prevent Prosperity from receiving your application. Internal Applicants: If you...
Asset Based Lending - Senior Underwriter
- Houston, TX (15 miles from Stafford, TX)
- 45+ days ago
- Houston, TX (15 miles from Stafford, TX)
- 45+ days ago
This position will support the Asset Based Lending business within the bank....
Demographic Data for Stafford, TX
Moving to Stafford, TX? Find some basic demographic data about Stafford, TX below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Stafford, TX
Highest Education Level
Loan Underwriters in Stafford, TX 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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