Mortgage Underwriter

Responsibilities

• Approving loans and obtaining necessary approval for all credits in excess of the lending limit.
• Aiding the Senior Underwriter in conducting other duties related to the credit management of the secondary mortgage lending function of the branch.
• On-going training and updates related to loan programs and guidelines, and communicating changes to staff.
• Underwriting FHA, VA, and conventional mortgage loans, meeting set guidelines.
• Making manual underwriting decisions, ensuring policies and guidelines are strictly followed and supporting documentation to ensure compliance.
• Keeping updated and informed of all changes that occur with loan agencies and investors; informing the Senior Underwriter of any changes.
• Assisting Loan Originators in obtaining pre-approval.
• Answering pre-qualification questions.
• Performing other job-related duties as assigned by management.

Knowledge, Skills, and Abilities

• Knowledge of the secondary market, agency, loan products and guidelines.
• Knowledge of bank policies and procedures.
• Skills in underwriting FHA, VA, and conventional loan products.
• Ability to multi-task, and function as a team player.
• Ability to type with high degree of speed and accuracy.
• Ability to work with accuracy, organization, and attention to detail.
• Ability to communicate with customers and co-workers in a courteous and professional manner.