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Loan Underwriter

Finance
Banking and Lending
Loan Officer

Evaluate, authorize, or recommend approval of commercial, real estate, or credit loans. Advise borrowers on financial status and payment methods. Includes mortgage loan officers and agents, collection analysts, loan servicing officers, loan underwriters, and payday loan officers.

At a Glance

Loan Underwriter. Typical education: High school or GED. Experience: 5 years. Top skills: Loans, Underwriting, Writing.

Avg Annual Salary

Not available

Typical Education

High school or GED

Experience

5 years

Job Postings

4

Parent Occupation (O*NET)

Loan Officers

Median Wage

$74,180/yr

Growth (2024-34)

+1.7%

Education

Bachelor's degree

Skills & Requirements

Specialized Skills (21)

Loans

5.0

Underwriting

5.0

Mortgage Loans

4.9

Commercial Lending

4.9

Finance

4.8

Loan Origination

4.8

Accounting

4.8

Loan Underwriting

4.7

Credit Risk

4.7

Covenants

4.7

Credit Policies

4.6

Real Estate Settlement Procedures Act

4.6

Portfolio Analysis

4.6

Loan Agreements

4.5

Marketing

4.4

Portfolio Management

4.4

Financial Statements

4.4

Oil and Gas

4.3

Cross-Selling

4.3

Banking

4.3

Common Skills (8)

Interpersonal Communications

4.9

Customer Service

4.8

Detail Oriented

4.8

Management

4.7

Operations

4.4

Certifications (1)

Nationwide Mortgage Licensing System (NMLS)

4.5

Related Specializations

Other specialized occupations in this field. Many share overlapping skills, making lateral moves more accessible.

Related Pages

Frequently Asked Questions

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