Mortgage Underwriter

JOB TITLE: Loan Underwriter

SUMMARY: This position is responsible for underwriting mortgage loan applications and evaluation loans in order to maximize organizational profit and minimize risk or loss.

DUTIES AND RESPONSIBILITIES:

• Reviews the automated decision and compares this decision to the facts and figures contained in the file.
• Reviews credit history for acceptable credit.
• Reviews investor guides to insure salability in the market.
• Reviews and analyzes income and employment history.
• Reviews assets available and funds sourced.
• Reviews collateral to insure value of the property is acceptable.
• Completes additional forms as required for review.
• Conditions the loan for additional items needed to decision the loan.
• Communicates effectively with Loan Officer, Loan Processor and Appraiser.
• Reviews portions of the compliance requirements.
• Performs other related duties as assigned by management.

QUALIFICATIONS:

• Bachelor's Degree from four-year college or university preferred. Will consider a combination of education and experience.
• A minimum of 4 years closer/funder or related experience.
• Computer skills required: Microsoft Office Suite and Encompass preferred. 

COMPETENCIES:

• Adaptability - Adapts to changes in the work environment; manages competing demands.
• Customer Service - Manages difficult or emotional customer situations; responds promptly to customer needs; solicits customer feedback to improve service; meets commitments.
• Ethics - Treats people with respect; keeps commitments. 
• Interpersonal Skills - Focuses on solving conflict, maintains confidentiality.
• Oral Communication - Speaks clearly and persuasively in positive or negative situations; responds well to questions.
• Planning/Organizing - Prioritizes and plans work activities; uses time efficiently.
• Problem Solving - Identifies and resolves problems in a timely manner; gathers and analyzes information skillfully; works well in group problem solving situations.
• Written Communication - Writes clearly and informatively.

Disclaimer:

This position description highlights a general description of duties and responsibilities.  Employee(s) may be assigned other duties, in addition to or in lieu of those described herein, and any duties are subject to change at any time, according to the needs of the location or Company.