Junior Mortgage Underwriter

Join the IHMVCU Team!

IHMVCU is seeking a detail-oriented and motivated Junior Mortgage Underwriter to join our team! This role is a great opportunity for someone who enjoys analyzing information, solving problems, and supporting members through one of life's most important financial decisions. At IHMVCU, we are committed to helping members achieve their financial goals while creating a supportive environment where team members can learn, grow, and make an impact.

As a Junior Mortgage Underwriter, you will have the opportunity to build your mortgage lending expertise, collaborate with experienced professionals, and contribute to a team focused on accuracy, service, and responsible lending.

The Junior Mortgage Underwriter will assist with reviewing residential mortgage loan files, evaluating documentation, identifying conditions, and ensuring loans are completed accurately, efficiently, and in compliance with lending guidelines. This role will enjoy a hybrid working environment at our beautiful headquarters located on River Drive in Moline, IL. This facility includes a comfortable office environment with an on-site gym facility.

Experience:

* High School diploma or equivalent;
Two year college degree preferred or equivalent combination of education and experience

* Previous experience in mortgage lending, loan processing, banking, financial services, or a related field preferred.

* Basic understanding of residential mortgage products, loan documentation, credit reports, income calculations, and regulatory requirements preferred.

* Strong attention to detail with the ability to review complex information accurately.

* Analytical mindset with sound judgment and a willingness to learn underwriting guidelines and risk assessment practices.

* Excellent written and verbal communication skills.

* Ability to manage multiple priorities, meet deadlines, and work collaboratively in a team environment.

* Comfort using Microsoft Office and loan origination or financial systems; experience with automated underwriting systems is a plus.

* Commitment to providing outstanding service to members and internal partners.

Key Responsibilities:

* Review mortgage loan applications and supporting documentation for accuracy, completeness, and guideline compliance.

* Analyze borrower credit, income, assets, liabilities, collateral, and documentation to help determine loan eligibility and identify potential risk.

* Partner with mortgage loan officers, processors, and senior underwriters to gather additional information, clarify documentation, and support timely loan decisions.

* Assist with issuing, tracking, and clearing loan conditions in accordance with underwriting guidelines.

* Document underwriting findings clearly and maintain organized, audit-ready loan files.

* Stay current on mortgage lending guidelines, compliance requirements, and internal procedures.

* Provide exceptional internal service while supporting a positive mortgage experience for IHMVCU members.

Being a team member of IHMVCU is more than just a job, we want to make differences in the communities we live in and serve. Check out our careers page for more information including benefits (Use the "Apply for this Job" box below). Final compensation will be determined by various factors such as experience, specific skills and internal pay equity.

Move Up your career at IHMVCU with this great opportunity!

PHYSICAL REQUIREMENTS:

* Sitting:
Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally, and all other sedentary criteria are met.

* Talking:
Expressing or exchanging ideas by means of the spoken word; those activities where detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.

* Hearing:
Perceiving the nature of sounds at normal speaking levels with or without correction and having the ability to receive detailed information through oral communication and making fine discriminations in sound.

* Finger, handle, touch:
Picking, pinching, typing or otherwise working, primarily with fingers rather than with whole hand or arm as in handling. Applying pressure to an object with the fingers and palm.

* Lifting Demands:
Up to 10 lbs.

* Visual Demands:
Visual acuity to do things such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading. Ability to identify and distinguish colors.