Does anyone know how to get a job as a loan underwriter even though i have no prior experience in the mortgage industry whatsoever? Is there a entry level position that i have to get first before i can transition in to the job as a loan underwriter?
How do you become a loan underwriter?
You can't. You have to learn how the process works before you can actually start appoving loans.
I worked as a loan processor, then as a senior processor for a total of 4 years before I started underwriting.
Underwriting is actually considered a promotion, and not everyone that is good at loan processing, or that wants to be an underwriter, is given the opportunity by management to gain this authority.
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