Residential Underwriter/Commercial Underwriting
I live in the NJ/NYC area and I have been in the mortgage industry for over 18 years. I have held various positions including underwriting conventional/government loans. I am now in a smaller niche reviewing condos and co-operatives. I look over financials to ensure the project meets guidelines. I want to move into commercial underwriting as I figure there would be more opportunities. I have not obtained a degree and was thinking going back to get a degree in finance might help. I would start with an associates and get a BSN from there. Any advice on what steps I need to take? Does anyone think this market is too hard to get into? I’m kind of at a crossroads.. it’s either this or go in a different direction - nursing to be exact. Any input is appreciated.
[{"id": "fqtjws1", "text": "Commercial underwriting opportunities will be limited to analyst or other junior roles without a 4-year degree that includes at least intermediate accounting II and tax accounting.", "replies": [{"id": "fqtkb3s", "text": "Thank you for your input, my goal is to eventually get a 4 year degree. I am going to work towards that.", "replies": [], "depth": 2}], "depth": 1}]