|Interested? Email Us||Never Applied? Apply|
|Sr Mortgage Underwriter|
|Hours:||40 Monday to Friday 800am to 500pm|
|Great Opportunity Available in Ventura CA|
Maintain a thorough knowledge of the Credit Union lending policy enabling discussions of various loan alternatives with staff. Underwrite mortgage loans ensuring compliance with appropriate credit union and secondary market investor standards. Provide guidance and training to the Processors to ensure files are properly submitted to the Underwriter. Remain updated on secondary market and investor guidelines to include regulation updates. Underwrite all mortgage loan products as directed by management. Evaluate loans in order to maximize organizational profit and minimize risk or loss. Work with loan originator or production staff to secure all required documents. Maintain authority to approve loans up to lending authority and withdraw and decline loans. Underwrite loans to meet the requirements of several types of mortgage lending conventional, non-conforming, government-backed, andor insured. Provide support and training to other Mortgage Team Members. Must be proficient in evaluating mortgage loan applications for the purpose of cross-selling and problem solving. Maintain a thorough knowledge of the documents required for each mortgage loan category with complete and accurate understanding of procedures. Must meet or exceed established minimum standards for service delivery, distribution, and member satisfaction. Analyze credit reports, appraisals and review loan documents to ensure loan documentation is complete and accurate. Provide necessary instructions and guidance to branches call center and other departments as needed. Maintain updated and accurate loan pipeline ensuring all loans are funded or withdrawn within acceptable time frames depending on loan volume.
AA Degree or 2 yrs college coursework. 5 yrs of previous mortgage underwriting exp. Must be bondable and able to pass a background check, credit check and drug screen.
Professional Designation FHA Direct Endorsement Underwriter or VALAPP approval.