Business Analyst - Intermediate; Non-Tech

Mortgage Underwriter

Hybrid - 4 days in the office Minneapolis or Charlotte

Number of Years' Experience Preferred: 5 plus years

Top 3-5 Requirements:
Mortgage underwriting experience, quality control and/or due diligence experience, excellent written and oral communication skills

The purpose of this position is to support and influence business decisions in the home lending space. This role is expected to evaluate mortgage loan data and applicable documentation to determine eligibility, acceptability, and compliance with applicable state, federal and investor guidelines.

• Perform analysis on conventional, conforming, and Non-Agency Jumbo as well as HELOC/HELOAN loan data.
• Perform pre and post purchase due diligence reviews including preparing correspondence, deficiency clearing and additional tasks as necessary.
• Analyze complex tax returns and accurately calculate income.
• Identify key loan factors impacting borrower eligibility, property eligibility, and credit qualification for complex or atypical financial profiles, collateral, and loan structures.
• Identify and summarize exception loans for escalation to leadership for business decision.
• Input data and notes into appropriate loan system.
• Maintain quality and production standards as set forth by management.
• Effectively communicate, orally, in writing, and via email, the decisions reached to maintain positive working relationships with internal and external stakeholders.
• Explain specific reasons for negative purchase decisions and recommend possible solutions.
• Collaborate with internal partners such as Risk, Product, Compliance, and Legal as necessary.
• Provide support for internal and external audit requests as well as internal control testing.
• Work with leadership on credit policy updates, including regular review of agency, competitor, and regulatory requirements for adoption.

Mortgage underwriting experience with the ability to demonstrate self-sufficiency in accessing, processing, and interpreting information. Experience with servicing, line management review, and subordination requests, as well as knowledge of property and credit underwriting requirements for Client, FHLMC, Non-Agency Jumbo, FHA, VA, HELOC/HELOAN and other loan programs. Ability to work independently, analyze data, and recommend appropriate actions with minimal supervision.

Mindlance is an Equal Opportunity Employer and does not discriminate in employment on the basis of Minority/Gender/Disability/Religion/LGBTQI/Age/Veterans.