Real Estate Underwriter – Equity II

Bellco Corporate Offices, 7600 E Orchard Rd, Greenwood Village, Colorado, United States of America

Posted Tuesday, April 15, 2025 at 8:00 AM

Final date to receive applications is 5 days after the date the role was posted.

Thank you for your interest in Bellco Credit Union!

We’re a local not-for-profit organization that has been giving back to our members, the communities we serve, and of course, our employees since 1936. Offering one of the best employee benefits packages around, Bellco is a leader in fostering, developing, and engaging staff to become expert financial-service ambassadors. You’re a part of something more at Bellco—a place you can be proud of.

Real Estate Underwriter
-Home Equity II

LOCATION: Corporate DIVISION: CMXO

FUNCTION DESCRIPTION:

The Home Equity Underwriter II will review and analyze home equity loan applications to determine whether applicants meet financial and creditworthiness criteria. The Underwriter II assesses the risk associated with approving a loan, evaluates the borrower’s income, credit history, employment history, debt-to-income ratio, available equity, and other important factors. The Underwriter II will act as a mentor to team members assisting in training as necessary and will provide advanced technical expertise.

As part of the Home Equity Underwriting team, the Underwriter II strives to provide exceptional service to all members. The Home Equity Underwriter II may participate in QC activities.

ORGANIZATIONAL RELATIONSHIPS:

Reports to:

Senior Manager - Real Estate Servicing and Processing

Contacts:
All levels of credit union employees, internal and external auditors, vendors and members

QUALIFICATIONS/REQUIREMENTS:

Experience:

• Minimum 4 years’ experience in residential underwriting, preferably with Home Equity experience
• Knowledge of general lending guidelines including state, federal and fair lending

Education: Bachelor’s degree in related field or equivalent experience preferred

Skills:

• Ability to work with a high degree of confidentiality
• Thorough understanding of credit reporting and credit analysis
• Proven ability to analyze income documentation including personal and business tax returns and complete a cash flow analysis.
• Knowledge of appraisal and property data analysis
• Ability to apply guidelines and lending matrices
• Knowledge of title commitments and documents
• Ability to review member data in Core system
• Working knowledge of home equity processing and state and federal lending guidelines
• Knowledge of HMDA requirements
• Proficient with Microsoft Office (Word, Excel, Outlook).
• Strong analytical and decision-making skills.
• Strong attention to detail.
• Time management skills with the ability to prioritize workload.
• Strong communication skills both verbal and written.
• Demonstrates strong analytical/problem solving and time-management skills.
• Ability to mentor and guide team members in decision making sharing technical expertise.

ESSENTIAL FUNCTIONS:

• Demonstrates Bellco’s Act Nice Behaviors and Core Values in all interactions with members, prospective members, and personnel in other Bellco departments while holding staff accountable to standards.

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