What are the job description of underwriter?

Anonymus asked over 2 years ago Edited

Asked In: Job Description

1 Answer

Harsha answered over 2 years ago

<p>Perform data evaluation on information retrieved from hard money loan applications.</p> <p>Consult with loan officers following meetings with potential clients</p> <p>Investigate real estate properties in question and make assessment about investment ROI</p> <p>Research project costs for remodeling and renovating properties listed on loan applications</p> <p>Conduct risk assessments on potential clients based on previous borrowing history, credit rating, industry experience&nbsp; and other factors</p> <p>Request additional information from loan officers when appropriate</p> <p>Render application decisions based on consultations with supervisory underwriter and upper management. </p> <p>Prepare reports detailing risk assessment findings and other data that contribute to lending decisions.</p>

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