1 Consumer Underwriter Job in York, PA
Orrstown Bank is Hiring a Consumer Underwriter Near York, PA
Review and analyze credit reports, applicable ratios (i.e. debt-to-income; loan-to-value), and other supporting documentation in support of underwriting decisions. Verify employment status & income levels against information provided by applicants.
Compose accurate and easily understood messages to consumer loan officers and others if additional information is required to finalize underwriting decisions.
Request payoffs quotes from other financial institutions, communicate with financial institutions for payoff follow up, maintain payoff sources log; generate Loan Estimates and Closing Disclosures, ensure disclosures are sent to customer, accurately disclose loan information.
Prepare consumer loan documents and verify information required for settlement and notifying appropriate team members of any deficiencies. Order appraisals, communicate with appraisers, review appraisals and automated value models. Generate Loan Estimates and Closing Disclosures when appropriate. Track and verify compliance data including but not limited to HMDA.
Generate and manage monthly/quarterly reports for department or senior/executive management as appropriate
Adhere to compliance procedures and internal/operational risk controls in accordance with any and all applicable regulatory standards, requirements, and policies. Stay abreast of any changes in underwriting provisions in Bank credit policy
QualificationsHigh School Diploma. Bachelor’s degree in Finance, Accounting, or related field preferred.
A minimum of 3 years of underwriting experience.
Working knowledge of loan documentation, appraisals, and applicable consumer regulations including HMDA, TRID, etc.; Strong analytical skills including analyzing complex data; Excellent verbal, written, and interpersonal communication skills; Ability to interact with all levels of the organization; Good organizational, problem solving and analysis skills with the ability to meet deadlines and multi-task; Basic Microsoft office skills
Job Summary
Full Time
Public Administration
$47k-59k (estimate)
06/12/2024
07/10/2024
orrstown.com
ORRSTOWN, PA
200 - 500
1919
Public
WAYNE NYE
$50M - $200M
Public Administration
Related Companies
About Orrstown Bank
Orrstown Financial Services operates as the bank,provides commercial banking and trust services.
The job skills required for Consumer Underwriter include Consumer Loans, Underwriting, Microsoft Office, Credit Reports, Analysis, etc. Having related job skills and expertise will give you an advantage when applying to be a Consumer Underwriter. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Consumer Underwriter. Select any job title you are interested in and start to search job requirements.
The following is the career advancement route for Consumer Underwriter positions, which can be used as a reference in future career path planning. As a Consumer Underwriter, it can be promoted into senior positions as a Consumer Loan Branch Manager I that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Consumer Underwriter. You can explore the career advancement for a Consumer Underwriter below and select your interested title to get hiring information.
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