Underwrites mortgage loan applications and evaluates loans in order to maximize organizational profit and minimize risk or loss. Monitors property appraisal process. Assesses risks to determine approval status. May require a bachelor's degree. Typically reports to a supervisor or manager. Gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. Typically requires 2 to 4 years of related experience.
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Job Description. The Mortgage Underwriter II is responsible for reviewing and evaluating residential mortgage loan applications to ensure compliance with lending policies, secondary market investor guidelines, and all applicable regulations. This role requires underwriting a wide range of loan types—including Conventional, FHA, VA, RD, Jumbo, Bond, and Portfolio loans—while maintaining high standards for quality, consistency, and customer service...