Mortgage Underwriter

Pay or shift range: $79,000 USD to $107,000 USD. The listed pay range represents a good faith estimate of the compensation for this position. Final compensation offers are determined based on a variety of factors, including but not limited to the candidate’s skills, experience, geographic location, qualifications, and other job-related considerations.

Position Summary:

The Mortgage Underwriter is responsible for evaluating and determining the eligibility of loan applications. Responsibilities include analyzing and verifying loan applications, evaluating risks, and making loan eligibility decisions. The Mortgage Underwriter is responsible for exercising sound judgment based on detailed analysis and ensuring all documentation is compliant with the relevant regulations.

• Authorizing and underwriting loans.
• Reviewing and verifying loan applications and supporting documentation.
• Analyzing loan risk and requesting additional information as necessary.
• Preparing reports on assessment findings.
• Making loan eligibility decisions and approving or rejecting applications.
• Reviewing and specifying loan conditions as necessary.
• Regular, reliable, and predictable attendance.

• Comply with industry-related regulations, requirements and state/federal laws as applicable to the job duties of this position.
• Documenting and effectively communicating reasons for the approval/rejection of loans.
  
  Returning applications with additional documentation to the loan officer for review.
• Proficient understanding of Encompass and Encompass closing docs.
• Experienced with FNMA DU/AUS, FHA, VA, USDA and investor guidelines.
• Ensuring compliance with regulatory standards.
• Ensuring compliance with company policies and guidelines.
• Maintain compliance with and adhere to all state and federal regulations and Bank policies and procedures, including, but not limited to Bank Secrecy Act, SAR, CTR, FACT ACT, Community Reinvestment Act, EEO, and fair employment practices.
• All other duties as assigned.

• High School diploma or equivalent required.
• Bachelor’s degree in business, banking, or finance preferred.
• Minimum of 3 years’ experience in mortgage loan underwriting.

• Professional and effective verbal and written communications.
• Detail-oriented with strong data analysis skills.
• Strong organizational skills.
• Ability to work independently with minimal supervision.
• Proficient with MS Office.
• Strong problem-solving skills.
• High mathematical aptitude.
• Good working knowledge of mortgage loan processing and relevant legal regulations.

In terms of an 8-hour workday, “occasional” equals 1% to 33%, “frequent” equals 34% to 66% and “continuous” equals 67% to 100%. However, some duties are performed monthly, annually or sporadically throughout the year and are essential functions. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions of the position, if the accommodation does not impose an undue hardship that would require significant difficulty or expense.

• Continuous stationary position, particularly, but not limited to, at a desktop computer.
• Continuous repetitive use of hands/arms; particularly concerning to typing, writing, phone & computer use.
• Continuous communication: verbal and written, in-person, phone and electronic.
• Office environment; remote and hybrid flexibility if determined by management.

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.