Mortgage Underwriter (Bedford, TX)

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