Sr, Mortgage Loan Underwriter

Essential Duties And Responsibilities

• Review and validate the calculations submitted by the process.
• Validate income used is calculated correctly.
• Validate income used is acceptable.
• Validate asset value calculations.
• Validate assets are acceptable and properly documented.
• Review and analyze the file set up for compliance with product requirements.
• Automate Underwriting System (AUS) findings match the file information and set up.
• The product is acceptable for investor selected.
• Review files for denial while in processing.
• Analyze the loan file for approval or denial based on applicable guidelines and acceptable lending practices.
• Collaborate with the processor prior to underwriting on loan files with difficult characteristics.
• Correspond with the investor or agency to support/clarify guidelines and appropriate means of compliance.
• Provide feedback and guidance to processors and other underwriters to ensure continual learning.
• Completion of the HMDA related information on all files reviewed.
• Aid with policy changes.
• Train new underwriters.
• Support the sales team as part of the Scenario Desk.
• Assist with audit responses.

Requirements

• A high school diploma or equivalent (GED).
• A minimum of fifteen (15) years of experience underwriting conventional, VA, FHA and Indiana Housing loans.

Qualifications

To be successful in this position, we require the following:

• A high school diploma or equivalent (GED).
• A minimum of fifteen (15) years of experience underwriting conventional, VA, FHA and Indiana Housing loans.

Skills

N/A

Benefits

• Medical, Dental and Vision Insurance.
• 401k.
• Health Savings and Flexible Spending Accounts.
• Vacation/Sick Time.
• Paid Holidays.
• Paid Parental Leave.
• Tuition Reimbursement.

Pay

N/A

Schedule

N/A

First Merchants

First Merchants Offers The Following Base Pay PLUS Bonuses.

First Merchants is guided by a genuine philosophy of being a meaningful place to work and having a prosperous impact across all walks of life throughout the communities we serve, including consumers, businesses and other organizations.

Our Vision, Mission and Team statement reflect and reinforce that authentic service philosophy.

Our Vision Is To enhance the financial wellness of the diverse communities we serve.

Our Mission Is To be the most responsive, knowledgeable, and high-performing financial organization for our clients, teammates, and shareholders.

Our Team "We are a collection of dynamic colleagues with diverse experiences and perspectives who share a passion for positively impacting lives. We are genuinely committed to attracting and engaging teammates of diverse backgrounds. We believe in the power of inclusion and belonging."

Apply today to begin your career with us!