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Bank Underwriting Jobs in Silver Spring, MD (NOW HIRING)

CityScape Metro Group

Loan Officer

Reston, VA · On-site

Requires compliance with lending regulations and bank underwriting guidelines and lending policies * Understanding of loan originator software such as Experian, LendingWise, or Calyx, and Office ...

EmpowerHome Team

Loan Officer

Chantilly, VA

$100K/yr

Requires compliance with lending regulations and bank underwriting guidelines and lending policies * Understanding of loan originator software such as Experian, LendingWise, or Calyx, and Office ...

Allianz

Underwriting Support Partner

Baltimore, MD · On-site

$75K - $90K/yr

... banking, credit management, or a similar environment. * Strong analytical and research skills ... 104581 | Underwriting | Professional | Non-Executive | Allianz Trade | Full-Time | Permanent ...

Allianz

Underwriting Support Partner

Baltimore, MD · On-site

$75K - $90K/yr

... banking, credit management, or a similar environment. * Strong analytical and research skills ... 104581 | Underwriting | Professional | Non-Executive | Allianz Trade | Full-Time | Permanent ...

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Showing results 1-20

All JobsBank Underwriting JobsBank Underwriting Jobs in Silver Spring, MD

Bank Underwriting information

See Silver Spring, MD salary details

$13

$23

$34

How much do bank underwriting jobs pay per hour?

As of Aug 29, 2026, the average hourly pay for bank underwriting in Silver Spring, MD is $23.52, according to ZipRecruiter salary data. Most workers in this role earn between $19.38 and $26.59 per hour, depending on experience, location, and employer.

What is bank underwriting?

Bank underwriting is the process by which a financial institution evaluates the risk of lending money to a borrower or insuring an individual or asset. Underwriters review credit history, financial information, and other factors to determine whether an applicant qualifies for a loan or insurance and under what terms. This process helps banks minimize risk and maintain sound lending practices. Underwriting can apply to mortgages, personal loans, business loans, and other financial products.

What are the key skills and qualifications needed to thrive as a bank underwriter, and why are they important?

To thrive as a Bank Underwriter, you need a solid understanding of financial analysis, risk assessment, and relevant lending regulations, often supported by a degree in finance, accounting, or a related field. Familiarity with loan origination systems, credit scoring software, and compliance tools is typically required, and certifications like Certified Residential Underwriter (CRU) can be advantageous. Strong analytical thinking, attention to detail, and effective communication are essential soft skills for evaluating complex financial information and explaining decisions. These skills ensure accurate risk evaluation and regulatory compliance, which are critical for protecting the bank's assets and maintaining sound lending practices.

What are some common challenges faced by bank underwriters, and how can they be managed?

Bank underwriters frequently encounter challenges such as assessing incomplete or inconsistent financial information, managing tight deadlines, and balancing risk with customer service. To manage these issues, underwriters rely on strong analytical skills, effective communication with loan officers and applicants for clarification, and staying up-to-date with regulatory requirements. Collaborating closely with credit analysts and using advanced underwriting tools can also help streamline the evaluation process and ensure accurate risk assessment.

What is the difference between Bank Underwriting vs Loan Officer?

AspectBank UnderwritingLoan Officer
Primary RoleAssessing and evaluating loan applications to determine risk and approvalSelling loan products and guiding applicants through the application process
Required CredentialsTypically requires underwriting certifications, finance or banking experienceSales and customer service skills, sometimes mortgage licensing
Work EnvironmentOffice-based, working with loan documents and risk analysisOffice or branch, interacting directly with clients
Industry UsageCommon in banking and financial institutionsCommon in mortgage and lending companies

Bank Underwriting focuses on evaluating loan applications for risk, while Loan Officers primarily assist clients in applying for loans and promoting loan products. Both roles are integral to the lending process but differ in responsibilities and daily tasks.

Do bank underwriters make a lot of money?

Bank underwriters typically earn a median annual salary that is competitive within the financial industry, with earnings varying based on experience, location, and the size of the institution. Entry-level underwriters may start with lower salaries, while experienced professionals or those in senior roles can earn significantly higher wages, often supplemented by bonuses and benefits. The role requires strong analytical skills and knowledge of lending standards and risk assessment tools.

How to become a bank underwriter?

To become a bank underwriter, typically one needs a bachelor's degree in finance, accounting, or a related field, along with strong analytical and communication skills. Gaining experience through entry-level roles in banking or credit analysis and obtaining relevant certifications, such as the Certified Mortgage Underwriter (CMU), can improve job prospects. Proficiency with underwriting software and understanding of lending regulations are also important.

What does a bank underwriter do at a bank?

A bank underwriter evaluates loan applications by analyzing borrowers' financial information, credit history, and collateral to determine the risk of lending. They assess whether to approve, modify, or deny loans, often using specialized software and adhering to lending policies. Strong analytical skills and knowledge of financial regulations are essential for this role.

What are popular job titles related to Bank Underwriting jobs in Silver Spring, MD?

For Bank Underwriting jobs in Silver Spring, MD, the most frequently searched job titles are:

What job categories do people searching Bank Underwriting jobs in Silver Spring, MD look for?

The top searched job categories for Bank Underwriting jobs in Silver Spring, MD are:

What cities near Silver Spring, MD are hiring for Bank Underwriting jobs?

Cities near Silver Spring, MD with the most Bank Underwriting job openings:

Bank Underwriting jobs near you
Infographic showing various Bank Underwriting job openings in Silver Spring, MD as of June 2026, with employment types broken down into 1% As Needed, 94% Full Time, 3% Part Time, and 2% Contract. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $48,922 per year, or $23.5 per hour.

Loan Officer

Reston, VA • On-site

CityScape Metro Group
Real Estate • 1 - 10 employees
Learn more about CityScape Metro Groupexternal

Full-time

Medical, Dental, Vision, Retirement

Re-posted 26 days ago

Job description

We are looking for an experienced, service, and detail-oriented mortgage loan officer to join our team. We believe in removing obstacles and creating a supportive environment for you to thrive in. If you have a proven track record of creating lending solutions for your clients, wed love to have you on our team. Please apply today!


Benefits

Annual Base Salary + Commission

Work from Home

Flexible Schedule

Health Insurance

Dental Insurance

Vision Insurance

Hands on Training

Career Growth Opportunities

Retirement Plan


Responsibilities
  • Establish and maintain relationships with realtors, bank officers, builders, and the community at large in order to retain existing and attract new business
  • Review the loan process by monitoring loan status, term conformity, and regulatory guidelines
  • Work closely with industry related professionals to gather and prepare all necessary information to complete underwriting requirements
  • Interact with customers, realtors, processors, and underwriters to ensure a smooth transaction
  • Exceed our production standards by maintaining an active pipeline

Requirements
  • Provide excellent interpersonal and customer service skills, superior written and verbal communication skills, and exceptional decision-making ability
  • Requires compliance with lending regulations and bank underwriting guidelines and lending policies
  • Understanding of loan originator software such as Experian, LendingWise, or Calyx, and Office Suite highly preferred
  • Understand a variety of loans such as: FHA, VA, USDA, conventional, fixed/ adjustable, bridge, non-conforming, FNMA and FHLMC, and Home Equity Lines of Credit
  • Multiple years of real estate, mortgage origination, or lending required