Mortgage Underwriter (Bedford, TX)
Employment Type : Full-Time
Mortgage Underwriter
Onsite required in office and local to Bedford, TX
Full-Time Direct Hire – Salary up to 100K / year
Summary: Mortgage Underwriter provides quality loans for the company by underwriting and evaluating mortgage loan applications.
Education and/or Experience- Two (2) to Five (5) years Retail Underwriting preferred;
- Two (2) to Five (5) years FHA, VA, Conventional and JUMBO underwriting experience preferred;
- CHUMS certification preferred; and
- LAPP preferred.
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.- Must be proficient with FNMA, FHLMC, FHA, VA and other special loan programs;
- Must be proficient in Microsoft Office software;
- Must have basic understanding of accounting and finance;
- Must have knowledge of all applicable federal and state laws and regulations and knowledge of Bank policies and procedures preferred;
- Must have analytical, decision-making and problem solving skills;
- Must have strong attention to detail, and organizational, interpersonal, effective communication skills including customer relation skills;
- Must work independently, be self motivated, reliable and flexible;
- Must be able to pass credit and background screening process.
Essential Duties and Responsibilities include the following:- Evaluates loan risky verifying loan application information; verifying application information against loan criteria guidelines and standards;
- Reviews and verifies all items provided by the borrowers and ensures that they meet the FNMA, FHLMC, FHA, VA and Investor required guidelines;
- Ensures that all investor guidelines as well as Federal guidelines are met;
- Underwrites loan files that fall out of the automated project plan;
- Work is performed for most complex assignments;
- Clarifies risk by requesting additional information;
- Provides information by answering questions; responding to requests;
- Maintains customer confidence by keeping application information confidential;
- Provides loan control information by collecting, analyzing and summarizing data and trends;
- Reviews and underwrites for consumer and mortgage loans originated in the assigned regions, assuring compliance with all credit policies and consumer and mortgage lending regulations; assures that the credit quality of the portfolio remains within standards established by senior management; and