Loan Underwriter Mortgage Salary in Alabama - State Average

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Average Salary for Loan Underwriter Mortgage in Alabama - State Average

The average salary of a(n) Loan Underwriter Mortgage in Alabama - State Average is $65,718.

The average hourly rate of a(n) Loan Underwriter Mortgage in Alabama - State Average is $31.60.

The average bonus of a(n) Loan Underwriter Mortgage in Alabama - State Average is $2,478.00.

Job Description:

Gives approval or denial for mortgage loans, following mortgage standards. Checks and examines information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards. Assesses acceptability of loan to corporations that buy real estate loans on secondary mortgage markets, where existing mortgages are bought and sold by investors. Accepts or rejects loan application, or requests additional information. Records loan rejection specifying investor and institution guidelines and basis for declining application, such as insufficient cash reserves. Assembles documents in loan file, including acceptance or denial, and returns file to originating mortgage loan office. May be authorized by Federal agency to certify that mortgage loan applicant and property qualify for mortgage insurance endorsement from federal government. Less

Gives approval or denial for mortgage loans, following mortgage standards. Checks and examines information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards. Assesses acceptability of loan to corporations that buy real... More

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Results for Loan Underwriter Mortgage in Alabama - State Average

Mortgage Underwriter, Sr - Homewood, AL

BBVA Compass

Mortgage Underwriter Responsibilities:. Formal credit or commercial loan training and some previous credit decisioning preferred....

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Mortgage Loan Originator - Montgomery, AL

Hancock Holding Company

Mortgage Loan Originator. Submits application forms to Mortgage Loan Processor for verification of application information....

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Underwriter Specialist II - Russellville, AL

CB&S Bank

Types loans, title applications, mortgages, UCCs, other supporting documentation and correspondence for all Loan Officers....

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Consumer Loan Post Closing Coordinator I - Birmingham, AL

BBVA Compass

Previous real estate loan audit, loan closing, and/or delivery experience. The purpose of this team is to prepare all real estate mortgage closed loans for...

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Loan Processor Lead - Alabama

Guild Mortgage

Guild Mortgage Company, closing loans and opening doors since 1960. Expert-level knowledge of conventional loans, FHA, VA, and Bond mortgage loans, including...

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