Mortgage Loan Underwriter I

Summary

It is the Mortgage Loan Underwriter I responsibility to ensure that loans are processed and underwritten accurately and in a timely manner while remaining in compliance of Bank, Investor, Agency and Regulatory guidelines. The Mortgage Loan Underwriter I will work in tandem with the Production/Operations manager as a subject matter expert with regard to underwriting and AUS validation matters. Loan approval authority will be granted based on experience and management’s evaluation of credit judgment.

Principal Accountabilities

• To render underwriting decisions and opine to satisfactory validation and documentation of AUS findings thus ensuring Bank and investor guidelines are met.
• Stay current with underwriting, appraisal, compliance and regulatory changes.
• Serve as the Subject Matter Expert and resource in mortgage loan underwriting matters for management, staff and originators.
• Provide continuing education for other department members.
• Assist with special projects and initiatives within the department.
• Prepare monthly review and assessment of underwriting exceptions to policy and areas of concern for department management.
• Regular attendance required, working at the work site during regular business hours and/or assigned hours