Junior Mortgage Underwriter

About the role

Join the IHMVCU team as a Junior Mortgage Underwriter! This role is a great opportunity for someone who enjoys analyzing information, solving problems, and supporting members through one of life's most important financial decisions. At IHMVCU, we are committed to helping members achieve their financial goals while creating a supportive environment where team members can learn, grow, and make an impact.

As a Junior Mortgage Underwriter, you will build your mortgage lending expertise, collaborate with experienced professionals, and contribute to a team focused on accuracy, service, and responsible lending. This position offers a hybrid working environment at our headquarters in Moline, IL, featuring a comfortable office and an on-site gym facility.

Responsibilities

• Review mortgage loan applications and supporting documentation for accuracy, completeness, and guideline compliance.
• Analyze borrower credit, income, assets, liabilities, collateral, and documentation to help determine loan eligibility and identify potential risk.
• Partner with mortgage loan officers, processors, and senior underwriters to gather additional information, clarify documentation, and support timely loan decisions.
• Assist with issuing, tracking, and clearing loan conditions in accordance with underwriting guidelines.
• Document underwriting findings clearly and maintain organized, audit-ready loan files.
• Stay current on mortgage lending guidelines, compliance requirements, and internal procedures.
• Provide exceptional internal service while supporting a positive mortgage experience for IHMVCU members.

Requirements

• High School diploma or equivalent; two-year college degree preferred or equivalent combination of education and experience.
• Previous experience in mortgage lending, loan processing, banking, financial services, or a related field preferred.
• Basic understanding of residential mortgage products, loan documentation, credit reports, income calculations, and regulatory requirements preferred.
• Strong attention to detail with the ability to review complex information accurately.
• Analytical mindset with sound judgment and a willingness to learn underwriting guidelines and risk assessment practices.
• Excellent written and verbal communication skills.
• Ability to manage multiple priorities, meet deadlines, and work collaboratively in a team environment.
• Comfort using Microsoft Office and loan origination or financial systems; experience with automated underwriting systems is a plus.
• Commitment to providing outstanding service to members and internal partners.

Physical Requirements

• Sitting: Sedentary work involving sitting most of the time. Walking and standing are required only occasionally.
• Talking: Expressing or exchanging ideas by means of the spoken word, including conveying detailed or important instructions accurately.
• Hearing: Perceiving sounds at normal speaking levels with or without correction and receiving detailed information through oral communication.
• Finger, handle, touch: Picking, pinching, typing, or otherwise working primarily with fingers rather than the whole hand or arm, including applying pressure with fingers and palm.
• Lifting Demands: Up to 10 lbs.
• Visual Demands: Visual acuity for preparing and analyzing data, transcribing, viewing a computer terminal, and extensive reading. Ability to identify and distinguish colors.

Final compensation will be determined by various factors such as experience, specific skills, and internal pay equity.