Mortgage Underwriter

Mortgage Underwriter

Gateway Mortgage, a division of Gateway First Bank, is hiring an experienced Mortgage Underwriter. We're looking for someone who wants to do the work well, with a team that respects credit judgment and a tech stack that doesn't fight you. If you're DE or SAR certified, live in the agency guides, and want to underwrite for a Fannie Mae, Freddie Mac, FHA, VA, USDA, and Portfolio seller/servicer that takes compliance and quality seriously, then this is the place for you!

Mortgage Underwriter

Job Summary:

Responsible for underwriting designated residential loans by analyzing credit data to ensure compliance with investor and company guidelines and requirements.

Essential Functions (Responsibilities):

• Analyzes loan documentation for accuracy and completeness to assess credit worthiness and adherence to regulatory and compliance requirements.
• Verifies the income and employment information of loan applicants, reviews the applicant credit history, and scores, and examines asset accounts for available funds for mortgage transactions.
• Analyzes loan documentation to determine credit worthiness and to detect signs of possible mortgage fraud or money laundering.
• Works with loan originators and production staff to compile required credit documentation.
• Reviews secondary resubmissions of credit documentation provided and prepare the necessary forms and worksheets to issue credit approval.
• Communicates credit decisions and answer loan amount questions to address issues on outstanding items required for credit approval.
• Exercises awareness with regard to possible suspicious activity, money laundering or fraudulent behavior and reports any such incidents to the BSA department.
• Performs all job functions in compliance with all company policies and federal, state, and local laws and regulations as applicable to the position, including, but not limited to BSA/AML, OFAC and GLBA/privacy rules.
• Performs related responsibilities as required or assigned.

Mortgage Underwriter

Required Qualifications:

• Advanced knowledge of mortgage underwriting policies, procedures, and processes.
• Advanced knowledge of agency and investor underwriting requirements.
• Solid analytical and conceptual skills, especially as required in analyzing credit data, file integrity, and loan file data.
• Proven oral and written communication skills to relate loan information to loan originators and service providers in a friendly, articulate and well understood manner.
• Proficient in Word, Excel, and Outlook.
• Proficient in loan origination software.
• Attention to detail and ability to analyze loan file data.
• Exemplifies the Gateway Values:
  Growth Oriented, Make a Difference, "Get it Done" Attitude, Team Player, Do the Right Thing.
• Equivalent Education/
  
  Experience:
  
  Bachelor's degree in finance, business or a related field or equivalent years of experience. 5 years of mortgage underwriting experience in mortgage industry including conventional, FHA, VA, RD. Prefer DE and/or SAR certified. Prefer related experience in financial services industry.

Mortgage Underwriter Special Job Dimensions:
Work requires conformance to fast-paced, high-volume environment while practicing sound lending judgment, occasional overtime, and limited travel.