Loan Underwriter Jobs in Liberty Lake, WA
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.
Corporate Mortgage Underwriter I
- Coeur d Alene, ID (18 miles from Liberty Lake, WA)
- 14 days ago
- Coeur d Alene, ID (18 miles from Liberty Lake, WA)
- 14 days ago
Remain current on loan programs and lending (federal and state) regulations as well as all compliance and bank policies. All disclosure requirements are complete within Federal Time Limitations....
Corporate Mortgage Underwriter III
- Coeur d Alene, ID (18 miles from Liberty Lake, WA)
- 14 days ago
- Coeur d Alene, ID (18 miles from Liberty Lake, WA)
- 14 days ago
Remain current on loan programs and lending (federal and state) regulations as well as all compliance and bank policies. All disclosure requirements are complete within Federal Time Limitations....
Commercial Credit Underwriter I-II
- Spokane, WA (16 miles from Liberty Lake, WA)
- 17 days ago
- Spokane, WA (16 miles from Liberty Lake, WA)
- 17 days ago
Job Description: The UW is responsible for underwriting and structuring of credit transactions....
Small Business Underwriter (hybrid role - Spokane or Walla Walla, WA)
- Spokane, WA (16 miles from Liberty Lake, WA)
- 23 days ago
- Spokane, WA (16 miles from Liberty Lake, WA)
- 23 days ago
As a Small Business Underwriter for Banner Bank you will Underwrite QuickStep small business loan requests....
Demographic Data for Liberty Lake, WA
Moving to Liberty Lake, WA? Find some basic demographic data about Liberty Lake, WA below.
Loan Underwriter Online Courses and Training Opportunities
Salary for Loan Underwriter Jobs in Liberty Lake, WA
Highest Education Level
Loan Underwriters in Liberty Lake, WA offer the following education backgroundQualifications / Skill Sets
The following top skills are often required or desired to land a Loan Underwriter position
- Reimbursement
- Federal National Morgage Association
- Mortgage Lending
- Consumer Lending
- Loan Origination
- Lending
- Loan Documentation
- FHLMC
- Federal Housing Administration
- Jumbo Loans
- Commercial Banking
- BSA
- Loan Review
- Freddie Mac
- Conventional Loans
- Commercial Lending
- Know Your Customer
- Loan Processing
- Credit Underwriting
- Mortgage Processing
- Encompass
- Treasury Management
- Credit Analysis
- Mortgage Underwriting
- Cash Flow Analysis
- USDA
- Loan Servicing
- Financial Services
- Balance Sheets
- Valuation
- Underwriting
- Financial Statements
- Appraisal
- Portfolio Management
- Taxes
- Financial Modeling
- Due Diligence
- Financial Analysis
- Resolution
- Real Estate
- Risk Management
- Finance
- Closing
- Accounting
- Analytical Skills
- Decision Making
- Written Communication
- Verbal Communication
- Auditing
- Documentation
- Reporting
- Bachelor's Degree
- Regulations
- Policy Development
- Sales
- Problem Solving
- Microsoft Excel
- Microsoft Office
- Time Management
- Staff Supervision
- Organization
- Customer Service
- Leadership
- Communication Skills
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