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This question is about what a mortgage underwriter does, mortgage underwriter, and mortgage underwriter jobs.
Is mortgage underwriting a good career?
Yes, mortgage underwriting is a good career. This career is a good fit for people who want to work in the finance and banking industries and make a reasonably high salary with room to advance in the role.
Mortgage underwriters are a type of loan officer that specializes in assessing applications for mortgages. Like other loan officers, mortgage underwriters need to collect and review several pieces of information from applicants, including their creditworthiness.
Because this role is within the banking and finance industries, there is much opportunity for high-income levels and upward growth, making it a good career option for people motivated by money and career growth.
The need for mortgage underwriters is expected to increase by about eight percent over the next decade, meaning there will be a steadily growing demand for the position.
Another reason it is a good career option is that mortgage underwriting typically has no degree requirement. A person can pursue this career as long as they have a high school diploma. Though the highest earners in the field usually have a bachelor's degree in finance or accounting.
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