Underwriter, Finance & Banking

Position Description

Summary:

The EEP Underwriter is responsible for evaluating mortgage loan applications to determine creditworthiness, compliance with both internal and agency guidelines, and overall risk.

• Analyze and underwrite mortgage loan applications.
• Review income, assets, credit reports, property appraisals, and all supporting documentation to assess borrower eligibility and risk.
• Ensure loan files meet internal, agency, and regulatory requirements.
• Apply appropriate internal and FHA guidelines to make informed decisions on loan approvals, suspensions, or denials.
• Clearly document underwriting decisions, including conditions required for final approval or closing.
• Communicate underwriting decisions effectively to loan processors, correspondent lenders, and management.
• Assist with clearing conditions and final approval processes, ensuring timely closings.
• Maintain knowledge of current underwriting guidelines, mortgage industry trends, and regulatory changes.
• Participate in quality control reviews, audits, and training as needed.
• Contribute to a positive team environment with a focus on efficiency, accuracy, and excellent customer service.

• Possess excellent written and verbal communication skills.
• Strong knowledge of mortgage loan products and agency guidelines.
• Proficiency in loan origination software and Microsoft Office Suite.
• Excellent organizational, time-management, and multitasking skills.
• Strong attention to detail and problem-solving abilities.
• Ability to thrive in a fast-paced, deadline-driven environment.

Experience Minimum of 3 years of recent mortgage underwriting experience, including Conventional and FHA loans required. Experience underwriting non-QM and portfolio loans preferred.

An FHA direct endorsement (DE) designation is preferred.

A high school diploma or equivalent is required. A Bachelor's degree is preferred.

This position is bonus eligible.

Department: Underwriting

Classification: BANKS AND TRUST - CLERICAL

Status: Until Filled