No matter, resume plays the most significant role for putting your first impression in recruiter's mind. However, a cover letter also has significance to avail you an opportunity of grabbing the applied job. In the same manner, a Loan underwriter cover letter is also one of the major considerations during your selection for the position of Loan underwriter.
The main job of any Loan Underwriter is to represent the organization for issuing loans to the customers. The job responsibilities of loan underwriter include evaluation of the client's financial status and to explain them the overall policies and standards associated with the loan process. At times, a loan underwriter also helps clients in taking wise investment decisions and payment methods. At the same time, the loan underwriter is also responsible to solve customer's complains with definite solutions. They are also accountable to manage data summarizing client's property details and credit medium.
Before designing your Loan underwriter cover letter, you must ensure that entire details of the receiver's point should be known. Most importantly, your cover letter should not exceed more than three paragraphs. The first paragraph should reflect the information about the source from which you got to know about the job portal. However, you may also give a slight introduction about yourself. Secondly, the middle paragraph is considered as an explanatory one as it includes your specific capabilities and competencies according to the applied position. You can use this section to highlight some of your honed skills, which are highly beneficial for the job.
Lastly, through closing paragraph, you may remind your recruiter about contact details and positive expectations to hear from organizational side. Alternatively, you may simply end up followed by enclosure. For getting a complete idea about format, please go through the following sample of a Loan underwriter cover letter:
From
Timothy D. Andujar
2442 Russell Street
Boston, MA 02110
Contact No: 978-913-3138
Email id- TimothyDAndujar@anymail.com
Date: January 04, 2012
To
Jonathan R. Anderson
HR Manager
The White Swan Loan Company
2347 Seth Street
Abilene, TX 79601
USA
Reference: Referred by Jonathan B. Tyler, General Manager, The White Swan Loan Company.
Dear Mr. Anderson,
I have been informed from one of my friend regarding vacancy of loan underwriter in your organization. My graduation in accounting and business management and two-year working experience as a loan officer specifically in personal loan department is really getting matched with your job specifications.
During my previous professional role, I have successfully fulfilled all responsibilities in terms of evaluating the customer's current and past financial background including work history, credit sources and asset details, which are considered before approving loans. At the same time, I have also experience in counseling customers regarding policies and standards to be applied during loan sanctioning process. Besides, I was also keeping a track of definite payment schedules of each and every customer separately. My expertise in analytical and statistical skills honed during my training sessions, majorly helped me to update myself with latest applications or amendments occurred in loan industries. On the other side, my proficiency in computer applications is acted like an aid to maintain entire data of customers for further verification. I have also fulfilled the duty of customer advisor helping them through suggesting ideas in meeting their financial goals.
I really found that my credentials and job experiences would be quite profitable for your organization. At the same time, I am also looking forward to have further meeting in order to discuss more on responsibilities and duties to be expected from a Loan underwriter. Please feel free to contact me anytime.
Yours sincerely,
Timothy D. Andujar
Enclosure: Resume
It can be said that a systematic and impressive representation of your relevant qualities and experiences through your Loan underwriter cover letter is the key for being the first choice of your recruiter. Make sure that you always do your proofreading before finalizing your cover letter in order to avoid any sort of errors.