As you’re preparing to apply for jobs, you should review a Loan Underwriter resume sample to ensure your resume includes the best details and avoids the worst mistakes. Luckily for you, we’ve gathered expert resume gurus to review a sample resume and point out areas that could use improvement. Check out the sample and the corrections listed below and make sure your resume outpaces their scrutiny.
Punch up the Summary
The summary section of your resume is an opportunity to tell an employer the key things you want them to know. Don’t confuse this section with a list of skills or job duties. Here you should give tangible facts and focus on the details you don’t want the employer to miss. On this example, the author essentially made a list of things for which she is responsible. Instead you should focus on how much experience you have in key tasks, any measurable success you’ve had and ways you are leading in the industry. WRONG: Summary Responsible for underwriting in-house loans. Analyze income, pull credit, complete ratios and write-up for decision. Ordering and reviewing appraisals. Complete internal evaluations. RIGHT: Summary Banking professional with over fifteen years of loan servicing and underwriting experience. Underwritten and processed more than 300 mortgages and secured loans, resulting in $200 million dollars lent. Evaluated credit-worthiness of clients through income analysis and credit review resulting in detailed reporting. Successfully managed deadlines on 40-50 loans at any given time. The suggested corrections focus more on results and success than simply a list of tasks. The job description belongs in another section of the resume.
Forgo Listing High School Education Unless It’s Recent
Your high school diploma is only relevant if it’s either happened recently or it’s otherwise unclear that you’ve earned one. In the Loan Underwriter sample resume we’re reviewing here, the author not only has more than a decade of experience, she also moved on to college, both of which tell a potential employer everything they need to know. Adding information about high school only serves to point out the author’s age and the fact that there were a dozen years between high school and starting her career in banking that are unaccounted for. Although that’s completely acceptable on a resume, it’s going to raise more questions for employers than it answers, and so it should be left out entirely.
Use Bullets When Making a List
Bulleted lists are much easier for hiring managers to read and understand, increasing the likelihood that they will take something positive away from reading your resume. In the sample, the author has many lists throughout, none of which use bullets. WRONG: Saco Biddeford Savings Inst. May 2003 to Current Loan Underwriter/Facilitator Saco, ME Responsible for underwriting in-house loans. Analyze income, pull credit, complete ratios and write-up for decision. Ordering and reviewing appraisals. Complete internal evaluations. Communicate with loan officers. Need to be very detailed and have the ability to change tasks as necessary. RIGHT: Saco Biddeford Savings Inst.May 2003 to Present Loan Underwriter/Facilitator Saco, ME
Highlight Promotions Within an Organization
If changes in your career were caused by a promotion within one company, make sure that is clear. In this sample resume, the author worked at one company for many years, but had three different positions. Rather than listing them as if they are three separate jobs, as she has done, lay out your resume such that the employer is listed once, with an overall tenure and each job is highlighted beneath. For example: Saco Biddeford Savings Institution, Saco, MEJune 1998 to Present Loan Underwriter/Facilitator (May 2003 Present)
Loan Servicing Clerk (May 2000 May 2003)
Teller (June 1998 May 2000)
Listing each position under one company name highlights the fact that each job was a promotion at one organization. The fact that an employer would recognize your skills to take you from a teller to a Loan Underwriter is impressive, and you want to draw the eye to that fact. Improving your resume like our experts have done with this example isn’t as difficult as you may think. Use QuintCareer’s Resume Builder to put together a resume that any employer will love.