Commercial Loan Underwriter (Remote)
Retired, semi-retired, or near retirement commercial lender or underwriter: Desires a flexible schedule and ability to work remotely Professional commercial lender or underwriter: Whose hard work is not appreciated, is tired of lender pressure or is simply interested in joining a dynamic group of likeminded credit professionals Who took time off from full time employment but would like to get back involved with commercial lending and generate income Needs a flexible schedule and ability to work remotely Lucro Commercial Solutions provides commercial underwriting, documentation, and loan servicing to our partners. We serve over 100 credit unions across the nation as well as community banks and lenders. Come join our robust underwriting team of career professionals with over 500 years of aggregate commercial lending experience. Since our inception in 2004 we have underwritten over 20 billion in commercial loans and our partners’ delinquency is a small fraction of the national average. Flexible schedule full time and part time positions Remote positions Endless opportunities to grow your credit knowledge base Underwriting business loans for all types of commercial transactions. We analyze financial data and provide a recommendation for the credit decision including information to support the recommendation in a standardized format utilizing Excel worksheets and Word templates. We see commercial loans from all over the country. We underwrite over 300 loans per month which may vary from a $2,500 credit card loan to a $40 million hotel construction loan. Advanced knowledge of Microsoft Office (especially Excel & Word) Degrees in business administration, finance, or accounting preferred. Ability to analyze and understand financial statements including those contained in tax forms. Understanding business credit structure is a plus. Working knowledge of Generally Accepted Accounting Principles and financial statement reporting is also a plus. Apply tot his job