ZipRecruiter

Log In

2

Entry Level Loan Underwriter Jobs (NOW HIRING)

THE BANK OF COMMERCE

Loan Officer

Dillon, MT · On-site

... underwrite potential credits, make credit decisions, and close and service loan transactions. Essential Duties and Responsibilities: * Entry level Loan Officer position. * Reviews input from credit ...

DR Horton, Inc.

Underwriter

Atlanta, GA · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... The right candidate will primarily be responsible for the underwriting of manual loans or the ...

DR Horton, Inc.

Underwriter

Atlanta, GA · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... The right candidate will primarily be responsible for the underwriting of manual loans or the ...

TEKsystems

Mortgage Underwriter

Coppell, TX · On-site

$22.02 - $39.93/hr

Description To evaluate and underwrite all mortgage loan types offered by the client according to ... Entry Level Job Type & Location This is a Contract position based out of Coppell, TX. Pay and ...

DR Horton, Inc.

Mortgage Mastery Trainee

Austin, TX · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Submit files to Underwriting. * Review conditions. * Provide loan status. * When all conditions are ...

Biz2Credit Inc

Underwriter

Manhattan, NY · On-site

$65K - $85K/yr

Review loan applications and supporting documentation to determine eligibility and creditworthiness ... for entry-level applicants. * Strong analytical skills with the ability to interpret complex ...

DR Horton, Inc.

Mortgage Mastery Trainee

Scottsdale, AZ · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Submit files to Underwriting. * Review conditions. * Provide loan status. * When all conditions are ...

Biz2Credit Inc

Underwriter

Manhattan, NY · On-site

$65K - $85K/yr

Review loan applications and supporting documentation to determine eligibility and creditworthiness ... for entry-level applicants. * Strong analytical skills with the ability to interpret complex ...

Biz2Credit Inc

Underwriter

Manhattan, NY · On-site

$65K - $85K/yr

Review loan applications and supporting documentation to determine eligibility and creditworthiness ... for entry-level applicants. * Strong analytical skills with the ability to interpret complex ...

DR Horton, Inc.

Mortgage Mastery Trainee

Palm Bay, FL · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Submit files to Underwriting. * Review conditions. * Provide loan status. * When all conditions are ...

DR Horton, Inc.

Mortgage Mastery Trainee

San Antonio, TX · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Submit files to Underwriting. * Review conditions. * Provide loan status. * When all conditions are ...

DR Horton, Inc.

Mortgage Mastery Trainee

Charleston, SC · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Submit files to Underwriting. * Review conditions. * Provide loan status. * When all conditions are ...

DR Horton, Inc.

Mortgage Mastery Trainee

Scottsdale, AZ · On-site

... the entry-level and first time move-up markets. The Company also provides mortgage financing and ... Submit files to Underwriting. * Review conditions. * Provide loan status. * When all conditions are ...

next page

Showing results 1-20

All JobsFinance and Insurance JobsLoan JobsLoan Services Professional JobsEntry Level Loan Underwriter Jobs

Entry Level Loan Underwriter information

See salary details

$17

$30

$45

How much do entry level loan underwriter jobs pay per hour?

As of Aug 28, 2026, the average hourly pay for entry level loan underwriter in the United States is $30.00, according to ZipRecruiter salary data. Most workers in this role earn between $25.00 and $33.17 per hour, depending on experience, location, and employer.

What does an entry level loan underwriter do?

An entry level loan underwriter is responsible for reviewing loan applications to determine a borrower’s creditworthiness and ability to repay. They analyze financial documents, credit reports, and application information to ensure loans meet the lender’s guidelines. Their work helps lenders minimize risk and make informed lending decisions, while often collaborating with loan officers and senior underwriters. Entry level underwriters typically handle straightforward cases and learn industry regulations and company policies on the job.

What are the key skills and qualifications needed to thrive as an entry level loan underwriter, and why are they important?

To thrive as an Entry Level Loan Underwriter, you need strong analytical skills, attention to detail, and a foundational understanding of loan products and credit risk, often supported by a bachelor's degree in finance, business, or a related field. Familiarity with loan origination systems (LOS), credit scoring software, and regulatory compliance tools is typically expected. Excellent communication, organization, and problem-solving abilities help you stand out in this role. These skills and qualities are crucial for making sound lending decisions, ensuring regulatory compliance, and supporting a smooth loan approval process.

What are some common challenges faced by entry level loan underwriters, and how can they overcome them?

Entry level loan underwriters often face challenges such as interpreting complex financial documents, keeping up with changing lending regulations, and balancing productivity with accuracy. To overcome these, it’s important to ask questions, seek mentorship from experienced colleagues, and stay updated on industry guidelines through ongoing training. Developing strong organizational and communication skills also helps when collaborating with loan officers and applicants throughout the underwriting process.

What is the difference between Entry Level Loan Underwriter vs Loan Processor?

AspectEntry Level Loan UnderwriterLoan Processor
Primary RoleAssess and approve loan applications based on creditworthiness and riskGather documents, verify information, and prepare loan files for approval
Required SkillsAnalytical skills, attention to detail, understanding of credit reportsOrganizational skills, communication, document management
Work EnvironmentOffice setting, often in financial institutions or banksOffice setting, often in banks or mortgage companies
CertificationsTypically no formal certifications required, but knowledge of lending guidelines helpsNo specific certifications required

While both roles are essential in the loan process, an Entry Level Loan Underwriter primarily evaluates and approves loans, focusing on risk assessment. In contrast, a Loan Processor handles the documentation and preparation needed for loan approval. Understanding these differences helps job seekers identify the right entry-level position in the lending industry.

How do you become an entry level loan underwriter?

To become an entry-level loan underwriter, candidates typically need a high school diploma or equivalent, with some roles preferring an associate's or bachelor's degree in finance, economics, or a related field. Gaining knowledge of lending guidelines, financial analysis, and using underwriting software is important, and some employers offer on-the-job training or require relevant certifications such as the Mortgage Loan Originator License or similar credentials.

How to become an entry level loan underwriter with no experience?

Entry level loan underwriters typically need a high school diploma or equivalent, with some employers preferring postsecondary education in finance, business, or related fields. Gaining familiarity with loan processing software, financial analysis, and credit reports can be helpful, and some roles offer on-the-job training for candidates with strong attention to detail and analytical skills.
More about Entry Level Loan Underwriter jobs

What cities are hiring for Entry Level Loan Underwriter jobs?

Cities with the most Entry Level Loan Underwriter job openings:

What are the most commonly searched types of Loan Underwriter jobs?

The most popular types of Loan Underwriter jobs are:

What states have the most Entry Level Loan Underwriter jobs?

States with the most job openings for Entry Level Loan Underwriter jobs include:

Entry Level Loan Underwriter jobs near you
Infographic showing various Entry Level Loan Underwriter job openings in the United States as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 12% Part Time, and 4% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $62,410 per year, or $30 per hour.

Entry Level Underwriter in Banking & Finance

Pontiac, MI • On-site

United Wholesale Mortgage
Finance and Insurance • 5 - 10K employees

7.8

Company rating: 7.8 out of 10

Based on 98 frontline employees who took The Breakroom Quiz

98th of 152 rated financial services

People enjoy working here

Good employer

Respectful managers

Learn more about United Wholesale Mortgageexternal

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 11 days ago

Job description

Overview

United Wholesale Mortgage has a firm commitment to excellence and empowers individuals to become the best version of themselves. We provide opportunities to individuals who want to excel within the mortgage industry.

We are an Equal Opportunity Employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories.

  • Compensation package includes stock and forgivable loan incentives (subject to contract terms and conditions)
  • Paid time off (PTO)
  • Medical, dental and vision insurance
  • Disability and life insurance
  • 401(k) with employer match
  • Paid training and career development
  • Paid holidays
  • Referral bonuses
  • Flexible start time
  • Maternity and paternity leave

Responsibilities

  • Collect, review and examine an applicant’s financial history and records
  • Perform risk assessment reports
  • Analyze client’s financial statements and identify effective alternatives to application
  • Maintain knowledge of and adhere to investor guidelines, state and federal underwriting lending policies and the required documentation
  • Keep up with changes and adaptations as they occur
  • Provide elite service to internal and external clients
  • Communicate with clients via email and over the phone on loan status, which includes Mortgage Loan Officers and Broker Owners 
  • Manage multiple priorities while building rapport with clients

Qualifications

Must Have Qualifications:

  • Completed 2 or 4-year college degree 
  • Complex rationale and problem-solving skills
  • Computer literacy in Microsoft Word, Excel, Outlook and other internet resources
  • Excellent written and verbal communication skills
  • Willingness to learn and be coached
  • Adaptable to a flexible, fast-changing industry
  • Self-motivated with a strong work ethic
  • Ability to take accountability for actions 

Nice to Have Qualifications:

  • Experience in Finance and/or Accounting (financial analysis, accounts receivable and accounts payable)

What United Wholesale Mortgage employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom