Mortgage Underwriter III
Responsibilities
- Render a final underwriting decision (e.g., approved, suspended, denied) for mortgage loan applications based on factors such as capacity, credit history, capital, and collateral.
- Apply underwriting rules from multiple sources to accurately and consistently review individual loan applications.
- Formulate approval conditions, as appropriate.
- Review each loan file to verify documents are present, accurate, accurately calculated, compliant, and sufficiently complete for an underwriting decision.
- Review and reach an underwriting decision on the appraisal.
- Accurately answer questions from and educate loan officers, loan processors, and other appropriate personnel about underwriting rules and how they apply to individual loan applications.
- Review and answer loan scenario questions from loan officers.
- Perform necessary computer-based functions for both internal and external IT systems.
- Conduct online research.
- Meet ongoing, short deadlines with regard to underwriting, closing, etc.
- Meet rules, obligations, timelines, and deadlines to comply with company policy, contracts, investor guidelines, lending programs and state and federal law and regulation.
- Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company.
Requirements
- Graduation from a 4-year college or university with related major, preferred
- At least 10+ years of underwriting experience or combination of mortgage processing and underwriting experience
- Conventional FNMA & FHLMCFHA Direct Endorsement (DE) approved
- Veterans Administration (VA) Lender Appraisal Processing Program (LAPP/SAR)
- Minimum of two of the following specialty areas: Portfolio Lending, Construction One Time and/or Two Time Close, or Jumbo Non-Conforming
- USDA preferred but not required
- Proficient in Microsoft Office Suite
- Excellent verbal, written and interpersonal skills
- Excellent organization and multi-tasking skills
- Ability to maintain confidentiality
Qualifications
Must be proficient in Microsoft Office Suite.
Must possess excellent verbal, written and interpersonal skills.
Must possess excellent organization and multi-tasking skills.
Must be able to maintain confidentiality.
Skills
- Underwriting rules from multiple sources
- Microsoft Office Suite
- Verbal, written, and interpersonal communication skills
- Organization and multi-tasking skills
- Confidentiality
Benefits
People choose to “bank” with us, but for those we serve, we’re more than a bank. We strive to be the financial backbone of their lives, and we know that starts with our team. Our supportive culture empowers team members to grow and seize new opportunities. Like our namesake, the sunflower, we are: Rooted in Strength, Propelled by Growth, Individualized, and Whole.
Our benefits package includes:
- 401(k) Plan with 6% Match
- Health/Dental/Vision Insurance
- Company-paid Life Insurance
- Tuition Reimbursement
- Fitness Reimbursement
- Paid Time Off
- Volunteer Leave
- Paid Holidays
- Plus many more associate perks & incentives!
Pay
Pay is dependent on knowledge, skills, abilities, experience, and location.
Schedule
The physical demands of this position require the ability to perform essential job functions with or without reasonable accommodation. Employees may spend extended periods sitting or standing, using hands to operate computers or other equipment, and reaching for work-related tasks. Regular walking may be required, along with occasional bending, stooping, kneeling, or climbing. The role may involve lifting or moving items weighing up to 10 pounds.
Working Conditions
Regular walking may be required, along with occasional bending, stooping, kneeling, or climbing. The role may involve lifting or moving items weighing up to 10 pounds. Vision requirements include close and distance vision, color and peripheral vision, depth perception, and the ability to adjust focus.
EEO/AA
We accept applications on an ongoing basis until the role is filled. There is no fixed deadline to apply. If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location specific notices is available on our privacy policy.