Consumer Loan Underwriter Resume Examples 2023

Research Summary. We analyzed 1,405 consumer loan underwriter resumes to determine which ones land the most jobs. Below you'll find examples of resumes that can help you get an interview (and a job offer) from companies like Wells Fargo and Randstad North America. Here are the key facts about consumer loan underwriter resumes to help you get the job:

  • The average consumer loan underwriter resume is 526 words long
  • The average consumer loan underwriter resume is 1.2 pages long based on 450 words per page.
  • Financial statements is the most common skill found on a consumer loan underwriter resume. It appears on 11.8% of resumes.
After learning about how to write a professional consumer loan underwriter resume, you can make sure your resume checks all the boxes with our resume builder.

Resume

Consumer Loan Underwriter Resume Example

 
Donna Coleman
Consumer Loan Underwriter
Contact Information
Tempe, AZ
(690) 555-8443
Skills
  • Loan Applications
  • Real Estate
  • Debt Ratios
  • Portfolio
  • Formal Reports
  • Appropriate Decisions
  • FHA
  • Usda
  • DU
  • Financial Services
Employment History
Consumer Loan Underwriter
2016 - Present
Wells Fargo
Tempe, AZ
  • Checked financial statements, credit reports, applicable ratios (DTI and LTV) and other supporting documentation.
  • Reviewed financial/income documents, credit reports, and applicable ratios (i.e.
  • Review financial statements, credit reports, applicable ratios (debt ratios, loan-to-value) and other supporting documentation.
  • Communicated with loan originators and processors regarding loan status, approvals, suspensions, denials and conditions.
Mortgage Processor
2014 - 2016
Bank of America
Phoenix, AZ
  • Helped communicate loan status and needs between processing, sales and closing.
  • Reviewed loan applications for accuracy.
  • Processed loan applications approved by underwriter or those input using Desktop Underwriter.
  • Contract Position Underwrote and Processed mortgage loan applications for loan approval.
Mortgage Originator
2013 - 2014
Bank of America
Phoenix, AZ
  • Submit loan applications, process loans, close loans (refinances, lines of credits, etc.
  • Maintained top 5% in both quality and production within line of business - Reviewed loan applications for completeness.
  • Ensured applications remained in compliance with federal regulations and investor guidelines.
  • Called hot and cold leads to generate loan applications and complete entire process through loan closing.
  • Followed policy and procedure for conventional, FHA, FNMA, FHLMC and VA loans.
Education
Bachelor's Degree Business
2003 - 2006
San Jose State University
San Jose, CA
 
 
Jane Hernandez
Consumer Loan Underwriter
Contact Info
Huntingtown, MD
(710) 555-5514
Skills
Financial GoalsLoan ApplicationsSales AgentsDu/LPInsurance LawsFinancial StatementsFinancial ServicesEnsure ComplianceDebt RatiosUnderwriting Guidelines
Employment History
Consumer Loan Underwriter
2012 - Present
PHH ARVAL
Huntingtown, MD
  • worked from home, reviewed self -employed, jumbo, home equity, all -non-MI underwriting;was laid off 6/15/11
  • Analyzed tax returns and other income documentation to determine borrower's income.
  • Assisted loan officers processing a high volume of loan applications including FNMA/FHLMC loans.
Underwriter
2011 - 2012
Wells Fargo
Minneapolis, MN
  • Analyzed rationale behind credit decisions and loan applications to render decisions in compliance to Government lending policies.
  • Evaluated financial statements, paystubs, W2s, 1099s as well as personal and business tax returns.
Loan Officer
2010 - 2011
Wells Fargo
Minneapolis, MN
  • Compile, analyze, and document loan data and credit risk, borrower and property information.
  • Experience in: FHA, VA, USD HELOC's, Conventional, Jumbo loans for Refinance or Purchase Loans)
  • Analyzed pay stubs, credit reports, hardship letters and other supporting documents in the second level review of the file.
  • Communicate with loans officers and management about loan status on a daily & weekly basis.
  • Processed prime and sub-prime conforming loan applications.
Education
Bachelor's Degree Business
2002 - 2005
DeVry University
Oakbrook Terrace, IL
 
 
Julia Lawrence
Consumer Loan Underwriter
Charlotte, NC
(580) 555-9018
Experience
Consumer Loan Underwriter2019 - Present
Wells Fargo•Charlotte, NC
  • Review and analyze assets, tax returns, tax transcripts and/or other income documents, preliminary report, purchase contracts.
  • Reviewed loan applications and completed initial credit reviews / decisions.
  • Ensured all assigned loan applications are processed and prepared in a timely manner to meet Wells Fargo and regulatory requirements.
Mortgage Consultant2018 - 2019
JPMorgan Chase•Columbus, OH
  • Act as a liaison between clients and other employees to ensure the best customer service experience.
  • Inputted data of all mortgage and home equity loan applications into Lotus programming system.
  • Full manual underwriting of files submitted under the USDA Guaranteed Rural Program.
  • Reviewed loan documents and provided customers with options to help them meet their financial goals and needs.
  • Experience with working Jumbo Loans exceeding $750,000 Lending Authority
  • Originated new loan applications and obtained fully underwritten loan approval and commitment for all homebuyers in contract.
Loan Consultant2017 - 2018
JPMorgan Chase•Columbus, OH
  • Handled incoming home loan applications via fax and Internet to properly manage workflow and meet production goals.
  • Submit loan applications with recommendation for underwriting approval.
  • Reviewed loan applications in detail to ensure criteria was met.
  • Coordinated closings with borrowers, attorney/title offices, and other 3rd parties.
Skills
NmlsFreddie MacLoan ApplicationsSettlement StatementsCredit ReportsFinancial StatementsReal EstateBankruptcyCustomer ServiceBusiness Development
Education
Some College Courses Finance2012 - 2012
Ohio State University•Columbus, OH
 
Create My Resume
Build a professional resume in minutes.

How your resume should look:

  • The job title on your resume should match your application for the role.
  • Ensure your work experience focuses on achievements, rather than responsibilities.
  • Recruiters and hiring managers suggest fitting your resume on one page.

Choose From 10+ Customizable Consumer Loan Underwriter Resume templates

Zippia allows you to choose from different easy-to-use Consumer Loan Underwriter templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Consumer Loan Underwriter resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume
Consumer Loan Underwriter Resume

What Should Be Included In A Consumer Loan Underwriter Resume

1

1. Add Contact Information To Your Consumer Loan Underwriter Resume

Your name should be the biggest text on the page and be at or near the top of the document.

Your address doesn't need to include your street name or house number - listing your city and state works just fine.

Your email address should be professional, but not your current work email address. It's not a good look to use your work email for personal projects (job-searching).

Your social media can be included if you have a fully-fledged LinkedIn page or another social media page that showcases your relevant skill set.

Consumer Loan Underwriter Resume Contact Information Example #1

Dhruv Johnson

d.johnson@email.com | 333-111-2222 | www.linkedin.com/in/dhruv-johnson

Do you want to know more?
How To Write The Perfect Resume Header
2

2. Add Your Relevant Education To The Resume

Your resume's education section should include:

  • The name of your school
  • The date you graduated (Month, Year or Year are both appropriate)
  • The name of your degree
If you graduated more than 15 years ago, you should consider dropping your graduation date to avoid age discrimination.

Optional subsections for your education section include:

  • Academic awards (Dean's List, Latin honors, etc. )
  • GPA (if you're a recent graduate and your GPA was 3.5+)
  • Extra certifications
  • Academic projects (thesis, dissertation, etc.)

Other tips to consider when writing your education section include:

  • If you're a recent graduate, you might opt to place your education section above your experience section
  • The more work experience you get, the shorter your education section should be
  • List your education in reverse chronological order, with your most recent and high-ranking degrees first
  • If you haven't graduated yet, you can include "Expected graduation date" to the entry for that school
Majors
Business
40.9%
Finance
14.5%
Accounting
6.5%
Psychology
3.6%
Show More

Consumer Loan Underwriter Resume Relevant Education Example #1

Bachelor's Degree In Business 2014 - 2016

San Jose State University San Jose, CA

Consumer Loan Underwriter Resume Relevant Education Example #2

Some College Courses In Management 2014 - 2016

University of Houston Houston, TX

3

3. Next, Create A Consumer Loan Underwriter Skills Section On Your Resume

Your resume's skills section should include the most important keywords from the job description, as long as you actually have those skills. If you haven't started your job search yet, you can look over resumes to get an idea of what skills are the most important.

Here are some tips to keep in mind when writing your resume's skills section:

  • Include 6-12 skills, in bullet point form
  • List mostly hard skills; soft skills are hard to test
  • Emphasize the skills that are most important for the job
Hard skills are generally more important to hiring managers because they relate to on-the-job knowledge and specific experience with a certain technology or process.

Soft skills are also valuable, as they're highly transferable and make you a great person to work alongside, but they're impossible to prove on a resume.

Example Of Consumer Loan Underwriter Skills For Resume

  • Financial Statements Skills

    A financial statement is a report of an individual or a company that includes all the information about the declared assets, the use of money, income, and also the contribution of shareholders over a certain period.

  • Loan Applications Skills

    A loan application is a form of request presented by a person to a financial institution for the approval of a loan. This application form carries detailed information regarding the petitioner's identification information, financial competence, and sources of income that indicate whether he can return the loan back or not.

  • Credit Reports Skills

    Credit reports are statements that carry information about your credit affairs and current credit situation like loan payment history and credit accounts status. A credit report acts as history because it contains the record from the day you opened the account till your account balance. Potential lenders and creditors make use of credit reports and decide whether to offer you credit or not and under what conditions.

  • Credit Risk Skills

    Credit risk entails the risk experienced by a lender from the possibility of losing money due to a borrower failing to repay or meet their obligations set out in a loan contract. Credit risk manifests in many forms including loans (the most popular), letters of credit, foreign exchange and lines of credit.

  • Investor Guidelines Skills

    An investor guideline refers to general standards, strategies, and parameters relating to investments; the set guidelines get altered from time-to-time.

  • FHA Skills

    The Federal Housing Administration (FHA) stands for a government agency in the United States that offers housing insurance to FHA-approved lenders who follow certain conditions.

  • Partnerships Skills

    Partnerships are where two or more parties create a formal relationship in order to manage and operate a business effectively for the sake of profits though they will also share in the losses. They may both contribute labor, skill, property and capital toward the establishment and maintenance of the business.

Top Skills for a Consumer Loan Underwriter

Source: Zippia.com
  • Financial Statements, 11.8%
  • Loan Applications, 10.7%
  • Strong Analytical, 8.1%
  • Credit Reports, 7.0%
  • Other Skills, 62.4%
Not sure which skills are really important?
3 Big Tips For Listing Skills On Your Resume
4

4. List Your Consumer Loan Underwriter Experience

The most important part of any resume is the experience section. Recruiters and hiring managers expect to see your experience listed in reverse chronological order, meaning that you should begin with your most recent experience and then work backwards.

Don't just list your job duties below each job entry. Instead, make sure most of your bullet points discuss impressive achievements from your past positions. Whenever you can, use numbers to contextualize your accomplishments for the hiring manager reading your resume.

It's okay if you can't include exact percentages or dollar figures. There's a big difference even between saying "Managed a team of engineers" and "Managed a team of 6 engineers over a 9-month project."

Most importantly, make sure that the experience you include is relevant to the job you're applying for. Use the job description to ensure that each bullet point on your resume is appropriate and helpful.

Don't have any experience?
How To Show Your Experience On a Resume... Even When You Don't Have Any
Work History Example # 1
Consumer Loan Underwriter
Wells Fargo
  • Experienced in Conventional, FHA/VA, FHLMC, and FNMA loans.
  • Managed a pipeline of assigned loan types such as Conventional, FHA, and relocation loans.
  • Designated underwriter for performing QC review to identify fraud and misrepresentation.
  • Conducted cash flow analysis based on income and expenses to determine affordability.
  • Processed high volume, time sensitive loan documentation for HMCs.
Work History Example # 2
Consumer Loan Underwriter
Wells Fargo
  • Authorized to decision Level FHA transactions in accordance with underwriting policy and procedures per investor group servicing guidelines and requirements.
  • Reviewed personal/business tax returns and all related schedules for self employment income.
  • Invited to join triage team tasked with reducing decision inaccuracies with income-based decisions.
  • Determined qualifying income for Home Equity credit products; analyzed applications and documentation.
  • Performed in depth review of FHA and Conventional financing which includes experience working with DU and maneuvering through the system.
Work History Example # 3
Consumer Loan Underwriter
Wells Fargo
  • Used AUS to get an approval for the customer.
  • Processed conventional, FHA, Bond, Refinance, and Purchase mortgage loans from start to finish.
  • Performed second level review on purchase declines for FHA/VA and conventional loans from retail and joint venture business lines.
  • Created personal underwriting checklist which increased accuracy and efficiency and was adopted by several Underwriters.
  • Authorized to underwrite in both DOS-based and automated underwriting systems (LIS, DU/LP, and CORE).
Work History Example # 4
Finance Specialist
Northwestern Mutual
  • Leveraged strong written & verbal communication to deliver individual & group sales presentations
  • Established relationships within small to medium businesses and existing clients through one-on-one communication.
  • Worked with industry veterans to develop and present financial planning recommendations.
  • Scheduled meetings with 20% of prospective clients to review their current financial positioning utilizing effective networking and communication.
  • Obtained my series 6 and 63 FINRA securities licenses in 2 months time.
6

6. Finally, Add a Consumer Loan Underwriter Resume Summary Or Objective Statement

A resume summary statement is a 1-3 sentence spiel at the top of your resume that quickly summarizes who you are and what you have to offer. In this section, include your job title, years of experience (if it's 3+), and an impressive accomplishment, if you have space for it.

Remember to address skills and experiences that are emphasized in the job description.

Are you a recent grad?
Read our guide on how to write a resume summary statement

Five Key Resume Tips For Writing A Consumer Loan Underwriter Resume:

1.
Relevant Experience
Make sure that the jobs, experience, and accolades that you include are relevant to the position you’re applying for.
Implemented CMBS business development project with the COO, resulting in over $1B of origination.
2.
The Right Skills
This is a great time to run wild with those keywords from the job description. For example, if they’re looking for someone with experience in Loan Applications, be sure to list it in your resume’s skills section.
Ordered and reviewed full Fannie Mae, FHA & VA appraisals, title commitments, and flood certifications.
3.
Quantifiable Achievements
Your workplace accomplishments tell the story of the unique value you bring to an organization. Stay away from dry descriptions of job duties. Use numbers to help contextualize your achievements..
Determined PMI amounts on loans that were over 80% LTV.
4.
ATS-Friendly
An applicant tracking system (ATS) is a piece of software employers use to collect, scan, organize, and rank applications. The key to getting your resume past ATS and into the hands of hiring managers is smart keyword usage.
5.
Impeccable Formatting
Formatting a resume so that it looks professional and attractive is important. With Zippia’s resume builder, you can put together a modern-looking resume in less than 10 minutes. Just choose a resume template that suits your style, answer some questions about your background, and you’ll have a resume that’ll pass muster with both the ATS and the hiring manager.
Not sure how to make a resume that stands out?
See sample resumes for the job you want
resume document icon

Don't Have A Professional Resume?

Consumer Loan Underwriter Jobs You Might Like

  • High Paying Consumer Loan Underwriter Jobs - $76K and Up
  • Work From Home Consumer Loan Underwriter Jobs
  • Entry Level Consumer Loan Underwriter Jobs
  • Part Time Consumer Loan Underwriter Jobs
  • Actively Hiring
  • No Degree Consumer Loan Underwriter Jobs

Ready To Start Your Consumer Loan Underwriter Resume?

Choose Your Current Work Experience To Start Creating Your Resume

Entry Level icon

Entry Level

Junior Level icon

Junior Level

Mid Level icon

Mid Level

Senior Level icon

Senior Level

Management icon

Management

Executive icon

Executive

Related Consumer Loan Underwriter Resume Templates

Foreclosure Specialist
Foreclosure Specialist Resume
Senior Credit Analyst
Senior Credit Analyst Resume
Escrow Officer
Escrow Officer Resume
Closer
Closer Resume

Build a professional resume in minutes.

Our AI resume builder helps you write a compelling and relevant resume for the jobs you want.

Links To Help Optimize Consumer Loan Underwriter Resumes

Consumer Loan Underwriter Related Resumes

Consumer Loan Underwriter Related Careers

Consumer Loan Underwriter Related Jobs

What Similar Roles Do

Updated November 18, 2022