Mortgage Underwriter

Essential Duties and Responsibilities

• Independently evaluate a variety of complex residential mortgage credit applications, credit bureau information, collateral valuation, complicated tax returns, financial statements, sales contracts, title, insurance and/or other supporting documentation to decide loans within designated authority levels by way of automated underwriting tools.
• Analyze loan viability and identify risk issues and potential fraud.
• Comply with bank policies and procedures, regulatory requirements, and investor/internal guidelines.
• Effectively communicate with sales and operations partners regarding loan approvals, condition clarifications, deficiencies, and denials.
• Respond to audits and post-closing issues in a timely manner.
• Proactively manage an individual loan pipeline daily, prioritizing files and ensuring loan closing dates are met as well as company turn-time standards.
• Collaborate with team members using underwriting guideline knowledge to identify potential solutions for denied loan files and issue counteroffers when applicable.
• Mentor less experienced underwriters and provide second level reviews for training files.

Qualifications

• Thorough understanding of mortgage lending regulations, underwriting guidelines, unique product types (bond, jumbo, portfolio) and the residential mortgage loan process.
• Excellent verbal and written communication skills, including ability to concisely articulate the borrower’s financial profile and associated risks.
• Ability to prioritize work and meet tight timelines.
• Ability to partner and collaborate with a team of peers and management.

About Us

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.

Benefit Highlights

• Medical with wellness incentives, dental, and vision HSA with company match
• Maternity and parental leave
• Tuition reimbursement
• Mentor program
• 401(k) with 6% match