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There is currently no job description for Business Loan Underwriter. Be the first to submit the job responsibilities for a Business Loan Underwriter.

Reviews loan applications and related documentation to determine loan eligibility and terms. Analyzes financial information provided and collects additional documentation as necessary. Provides loan options, terms, or other product recommendations based on qualifications. Assists customers through the loan process by researching and answering customer inquiries, clarifying details, and coordinating with internal parties. Typically requires a bachelor's degree. Typically reports to a supervisor or manager. Work is highly independent. May assume a team lead role for the work group. A specialist ... view job details

Assist bank lenders (relationship managers) on customer calls and assist with tracking financial reporting and monitoring requirements. Assist with underwriting other loan products such as Conventional Loans, Small Business Loans, etc. Collaborate with processing staff on underwriting deficiencies and calculation errors and loan processors regarding acceptable credit documentation. view job details

Develop sufficient dealer relationships that ensure volume objectives and credit quality. view job details

Attend internal and external training to improve skills and knowledge relevant to the Consumer Loan Underwriter position. Provides feedback on types of payoff requests and identifies opportunities to maintain or save loans that are being refinanced by other institutions. Communicates with branch and Lending Team staff to obtain all information necessary to make a decision. view job details

Companies

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Marlin Business Services Corp. provides credit products and services to small and mid-sized businesses in the United States. The company's products and services include loans and leases for the acquisition of commercial equipment and working capital loans. It offers lease finance to approximately 100 categories of equipment. As of December 31, 2018, the company had a portfolio of approximately 94,000 equipment finance leases and loans. It also offers property reinsurance coverage for its financed equipment; and operates a commercial bank that issues certificates of deposit and money market dem... view company details

International Business Machines Corporation operates as an integrated technology and services company worldwide. Its Cognitive Solutions segment offers a portfolio of enterprise artificial intelligence platforms, such as analytics and data management platforms, cloud data services, talent management, and industry solutions primarily under the Watson Platform, Watson Health, and Watson Internet of Things names. This segment also offers transaction processing software for use in banking, airlines, and retail industries. The company's Global Business Services segment offers business consulting se... view company details

Freddie Mac operates in the secondary mortgage market in the United States. The company purchases residential mortgage loans originated by lenders, as well as invests in mortgage loans and mortgage-related securities. It operates in three segments: Single-family Guarantee, Multifamily, and Capital Markets. The Single-family Guarantee segment purchases, securitizes, and guarantees single-family loans; and manages single-family mortgage credit risk. This segment serves mortgage banking companies, commercial banks, regional banks, community banks, credit unions, housing finance agencies, savings ... view company details

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Articles

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It's Not Easy, But You Can Make Big Bucks in the Mortgage Industry Each year, the news offers conflicting reports about the economy. It’s bad. It’s picking up. It’s crashing over the fiscal cliff. It’s enough to make one’s head spin! But for qualified sales people seeking new opportunities in 2013, prospects are looking up. The mortgage industry is recovering from the downturn and companies are looking to recruit top candidates as loan officers. But how do you get your foot in the door? Tim Padavic knows a thing or two about getting hired in the mortgage industry. He’s the VP of Business De... view article details

Disintermediate. Recontextualize. Envisioneer. You’ve got to give business executives one thing: They love their jargon. Clinging to their buzzwords like Leo DiCaprio to a life raft, there are managers out there who seem to enjoy a squirt of dopamine every time they use a verb like architect (yes, as a verb!) or interface. Throw in some adjectives like constructivist, interdisciplinary, metacognitive or inquiry-centered, and then tack them on to nouns like bandwidth, convergence and methodologies and you’re well on your way to a minor stroke as you try to process the message lurking behind all... view article details

Dear Annette,What exactly is 'business casual'? I usually wear suits, but I feel overdressed now that my company has instituted this new, more relaxed dress code. Any hints?Too formal in PhillyDear Formal,Hosts and fashion police like to throw out dress code terms and phrases as if they were an actual Thing. But most of these combinations of words are made up, virtually meaningless, just thrown together to get someone off the hook. 'Semiformal.' 'Cool casual.' 'Relaxed retro.' 'Country club.' And at auditions, 'Wear something you can move in.' I hate when I get dressed in the morning and can't... view article details

Safe Travel Tips from the U.S. State Department  Relax: You're Flying   Should We Fly? Or Surf?    Relax: You're Flying  One mile high, as the stars come out, you place cucumbers over your eyelids and settle in for a good night's sleep in coach. Children may kick the seat behind you, the guy to your right may encroach, and strange human noises may blend overhead with the dry relentless forced-air ventilation system - but you're moisturized, hydrated, relaxed, and ready to do business tomorrow. At least, in your dreams.How do veteran road warriors do it, week after week, flying from city to cit... view article details

Taking a business trip is often part of the job. You may even enjoy the trip, but that doesn’t make it a vacation. Business travel is considered work time. And when thinking about the business travel compensation and reimbursement you’re owed, you should understand what you’re entitled to. Responsibility for Reimbursing Business Travel Expenses When employers think about business travel compensation, they typically begin by putting reimbursement guidelines in place so employees know exactly what they can (and cannot) expense. Business travel expenses can fly out of control in a hurry, and empl... view article details

Blog & White papers

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Employee benefits are an important part of compensation for everyone. For employees, benefits can mean the difference between getting preventative and needed health care or not. Benefits can also provide a healthier workforce and a safety net of paid time off, flexible work, and retirement contributions. For employers, benefits make the organization more competitive to attract new employees and retain the ones they have. A 2021 study found that current employees are looking for flexible work, tech tools to support remote work, mental health support, and childcare. Another recent study found th... view blog & white papers details

Business processes and HR metrics relate to each other. Their connection helps firms manage their workforce and achieve their business goals. HR metrics are crucial for firms to measure and track the performance of their workforce. They provide insight into how workers are meeting business goals. Yet, deciding which HR metrics to track can be a challenge. One good approach is to align metrics with certain business processes. By doing so, HR can better grasp how their efforts impact the firm's bottom line. Aligning HR metrics with business processes allows firms to refine HR plans. It helps th... view blog & white papers details

Compensation philosophy is the foundation of your company's culture. For this reason, aligning your HR strategy and compensation philosophy with your business strategy is essential. With new research, this White Paper, The Business Case for Compensation Technology, explains: How compensation technology fits into an overall business model What impacts employee engagement How to build employee trust in your organization through compensation management Why compensation is a business investment Implementing a compensation technology solution will help you make better decisions to help you recrui... view blog & white papers details

Companies strive to design pay strategies that motivate employees to execute their strategic plans and achieve business goals. Linking business strategy to pay is crucial, yet it is an area various companies struggle with. This article explores practical ways HR leaders can align business strategy with pay programs. It uncovers methods for evaluating pay practices, pinpointing problem areas, and implementing solutions tailored to strategic objectives. With clear alignment between strategy and rewards, companies can drive performance, retention, and results. Read on and unlock the power of stra... view blog & white papers details

This panel explored the disruption impacts the pandemic had on women in the workforce. This, combined with the labour shortage crisis affecting all sectors, every community/region and all sizes of business, has created challenges and, more importantly, opportunities. Panellists discussed the transition of women into high demand jobs and sectors, including recruitment, retraining, retention and promotion. https://www2.salary.com/ view blog & white papers details