Underwriter

Salary Range: $38.46 - $43.25/hr.

Responsibilities

• Underwrite Conventional mortgage loans pursuant to secondary market guidelines.
• Underwrite residential portfolio loans.
• Underwrite home equity loans and lines, providing approvals within stipulated time frames.
• Underwrite FHA, USDA, VA, and residential construction loans (after satisfactory transition period).
• Develop and maintain expert knowledge base related to underwriting requirements of correspondent lending partners (investors).
• Develop and maintain good working relationships with bank loan originators, sales staff, and processors.
• Update retail lending policies and operating procedures when necessary.
• Assure proper maintenance of information in Credit and Legal Documentation Files.
• Ensure the bank is meeting compliance requirements for the residential lending business.
• Maintain strong knowledge base on Bank Policies, Laws, and Regulations that govern residential mortgage lending.
• Prepare and issue commitment letters and provide to Loan Officers.
• Active participation in demonstrating the behaviors outlined in the GRB Experience.

Requirements

• Bachelor’s degree, preferably in a business-related discipline, plus a minimum of 5 years’ experience underwriting mortgage loans and retail lending credit analysis, or the equivalent combination of education and experience.
• Active CHUMS # required (may be obtained after satisfactory training/transition period).
• SAR ID# and SONYMA experience preferred.
• Expert knowledge with FHA regulations and underwriting guidelines.
• Knowledge and experience in the secondary market arena.
• Knowledge of Fannie Mae DU, Freddie Mac LP, and GUS.

Skills

• Provide a remarkable client experience; greet clients with warmth, genuine interest, and a smile.
• Lead by example; identify current or potential problems, take ownership, and see them through to resolution.
• Act as a unified team; possess strong interpersonal skills including the ability to proactively communicate with and help others, within and across departments.
• Ability to work independently; seek and incorporate feedback on your performance from management, coworkers, and clients.
• Ability to work in a fast-paced, deadline-driven environment.
• Demonstrated PC literacy.

Pay

Salary Range: $38.46 - $43.25 per hour.

Physical Demands

• Regularly required to use hands or fingers, handle, or feel and reach with hands and arms.
• Frequently required to stand, sit, and talk or hear.
• Specific vision abilities required include close vision, distance vision, and ability to adjust focus.

Work Environment

The work environment is an indoor and climate-controlled office setting. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.