Mortgage Underwriter
Job in
Lowell, Middlesex County, Massachusetts, 01856, USA
Listed on 2025-10-25
Listing for:
GreyMatter IT
Full Time, Part Time
position Listed on 2025-10-25
Job specializations:
-
Finance & Banking
Mortgage Loan Originator / Advisor, Banking & Finance, Loan Servicing, Loan Officer
Job Description & How to Apply Below
Base pay range
$24.00/hr - $30.00/hr
RoleTo approve or deny mortgage loans, following credit union standards.
Essential Functions & Responsibilities- Reviews and evaluates information on mortgage loan documents to determine if buyer, property, and loan conditions meet credit union and government standards.
- Approves or rejects loan applications or requests additional information.
- Evaluates acceptability of loan to corporation that buys real estate loans on secondary mortgage markets (where existing mortgages are bought and sold by investors).
- Assembles documents in loan file, including acceptance or denial, and returns file to originating mortgage loan department.
- Records loan rejection, specifying investor and credit union guidelines and basis for declining application.
- Performs other job-related duties, as assigned.
- This position is hybrid and requires 1-2 days per week in-office. Eligible for hybrid schedule once fully trained and approved by department manager.
- Entry level
- Full-time
- Finance and Sales
- Non-profit Organizations
- Hospitals and Health Care
- Medical Practices
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