Deepak in Oakland, California said: Hi,
I was life underwriter for a 7 years but had a break in career in-between for 2 years. Now I want to become a mortgage underwriter. But don't know from where to start. I am based out of bayarea. Any help much appreciated.
Hello Deepak, what makes you want to leave the Life Undewriting Biz? It was a lot easier to transfer like skill into mortgage about 2-4 years ago but now a days lender can't afford to train & need u/w's with their DE Certification because most lenders needed to shift their focus to FHA loans to survive. So those of us who are trying to enter back into mortgage or who never left but can't get hired due to the over saturation of qualified applicants it's becoming increasingly difficult just go get an interview.
And now some ads are even putting stipulations like, "If you haven't underwritten mortgage loans in the past 6 months, you won't be considered" which puts more nails in the coffin so to speak. I understand why they need this but like I said it's just making it more difficult.
Good luck to you.
PS just keep sending in those resumes & hopefully when things pick up you'll be considered.