Mortgage Loan Underwriter II; MORTG

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The Mortgage Loan Underwriter II is responsible for the underwriting

function for residential mortgage loans and related products. This

positions has delegated decision-making authority on originated

applications within HBI, investor, or agency guidelines or parameters.

Additionally the Underwriter is responsible for the monitoring of and

complying with regulatory compliance on all applications. This position

helps to improve customer service by underwriting all loans in a timely

manner.

Essential Duties And Responsibilities

1  Underwrite Conventional, FHA, VA and Rural Development loans, be

able to analyze borrowers  credit to determine if the borrower has the

capacity and the willingness to repay the loan. This duty is performed

daily, about 20% of the time.

2  Underwrite mortgage loan applications and evaluate loans in order to

maximize organizational profit and minimize risk or loss. This duty is

performed daily, about 20% of the time.

3  Thoroughly examine appraisals to ascertain that the subject property

of the loan is adequate security for the loan. This duty is performed

daily, about 10% of the time.

4  Confirm that all documents in the underwriting package are in

compliance and that all facets of the loan meet application program

guidelines for various investors and government programs. This duty is

performed daily, about 5% of the time.

5  Provide a second review of another HBI underwriter s denial of a

loan application. This duty is performed daily, about 5% of the time.

6  Communicate with loan officers/originators and processors as to

current turn times for underwriting, as well as any needed items

required for underwriting. This duty is performed daily, about 5% of the

time.

7  Serve as a resource to loan officers/originators and processors in

resolving problems with mortgage loan files. This duty is performed

daily, about 10% of the time.

8  Demonstrates a Team Player personality that ultimately delivers good

service to the customer while protecting the Bank with prudent

underwriting decisions. This duty is performed daily, about 5% of the

time.

9  Refer customers to other bank personnel as needed. This duty is

performed daily, about 5% of the time.

10  Perform daily duties on all bank systems and Mortgage operating

systems such as DU, DO, LP, Encompass, and Doc Magic if needed. This

duty is performed daily, about 5% of the time.

11  Identify any needed training for loan officers/originators and

processors. This duty is performed daily, about 5% of the time.

12  Identify Cross selling opportunities. This duty is performed daily,

about 5% of the time.

13  Completes required BSA/AML training and other compliance training

as assigned. This duty is performed annually.

14  The ability to work in a constant state of alertness and in a safe

manner.

15  Perform any other related duties as required or assigned.

Qualifications

To perform this job successfully, an individual must be able to perform

Each Essential Duty Mentioned Satisfactorily. The Requirements Listed

below are representative of the knowledge, skill, and/or ability

required.

Education And Experience

Broad knowledge of such fields as accounting, marketing, business

administration, finance, etc. Equivalent to a four year college degree,

plus 5 years related experience and/or training, and 3 years related

management experience, or equivalent combination of education and

experience.

Communication Skills

Ability to write reports, business correspondence, and policy/procedure

manuals;
Ability to effectively present information and respond to

questions from groups of managers, clients, customers, and the general

public.

Mathematical Skills

Ability to calculate figures and amounts such as di counts, interest,

commissions, proportions, percentages, area, circumference, and volume.

Ability to apply concepts such as fractions, ratios, and proportions to

practical situations.

Critical Thinking Skills

Ability to define problems, collect data, establish facts, and draw

valid conclusions. Ability to interpret an extensive variety of

technical instructions in mathematical or diagram form and deal with

several abstract and concrete variables.

Required Certificates, Licenses, Registrations

Investor delegated authority, FHA Direct Endorsement

Preferred Certificates, Licenses, Registrations

Investor Delegated Authority, FHA Direct Endorsement, Veterans

Administration (LAPP) approval.

Software Skills Required

Advanced: 10-Key, Alphanumeric Data Entry, Word Processing/Typing

Intermediate:
Accounting

Basic:
Contact Management, Database, Presentation/PowerPoint,

Spreadsheet

WORKING CONDITIONS

Periodically exposed to such elements as noise, intermittent standing,

walking, occasionally pushing, carrying, or lifting; but none are

present to the extent of being disagreeable.

ENVIRONMENTAL CONDITIONS

The following work environment…