Mortgage Loan Underwriter II

The Mortgage Loan Underwriter II is responsible for the underwriting function for residential mortgage loans and related products. This position has delegated decision‑making authority on originated applications within HBI, investor, or agency guidelines or parameters, and is responsible for monitoring regulatory compliance on all applications. The Underwriter helps improve customer service by underwriting all loans in a timely manner.

• Underwrite Conventional, FHA, VA, and Rural Development loans; analyze borrowers’ credit to determine if the borrower has the capacity and willingness to repay the loan.
• Underwrite mortgage loan applications and evaluate loans to maximize organizational profit while minimizing risk or loss.
• Thoroughly examine appraisals to ascertain that the subject property of the loan is adequate security.
• 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.
• Provide a second review of another HBI underwriter’s denial of a loan application.
• Communicate with loan officers/originators and processors regarding current turn times for underwriting and any needed items.
• Serve as a resource to resolve problems with mortgage loan files.
• Demonstrate a team‑player personality that delivers good customer service while protecting the bank with prudent underwriting decisions.
• Refer customers to other bank personnel as needed.
• Perform daily duties on all bank systems and mortgage operating systems such as DU, DO, LP, Encompass, and Doc Magic.
• Identify training needs for loan officers/originators and processors.
• Identify cross‑selling opportunities.
• Complete required BSA/AML training and other compliance training as assigned (annually).
• Maintain a constant state of alertness and work safely.
• Perform any other related duties as required or assigned.

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The following requirements represent the knowledge, skill, and/or ability required.

Broad knowledge of accounting, marketing, business administration, finance, etc. Equivalent to a four‑year college degree, plus five years related experience and/or training, and three years related management experience; or an equivalent combination of education and experience.

Ability to write reports, business correspondence, and policy/procedure manuals; to effectively present information and respond to questions from managers, clients, customers, and the general public.

Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume; ability to apply concepts such as fractions, ratios, and proportions to practical situations.

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.

Investor delegated authority, FHA Direct Endorsement.

Investor Delegated Authority, FHA Direct Endorsement, Veterans Administration (LAPP) approval.

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

Intermediate:
Accounting.

Basic:
Contact Management, Database, Presentation/PowerPoint, Spreadsheet.

Periodically exposed to noise, intermittent standing, walking, occasionally pushing, carrying, or lifting; none to the extent of being disagreeable.

Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Highly repetitive, low‑physical. Requires concentration for consistent time cycles. Employee is required to sit, talk, or hear; stand, walk, use hands to finger, handle, or feel; reach with hands and arms; occasionally stoop,…