Mortgage Loan Underwriter II
About the position The Mortgage Loan Underwriter II at reputed company is responsible for evaluating credit risk and determining the borrower's ability to repay residential mortgages. This role involves analyzing reputed company financial data, ensuring compliance with lending guidelines, and collaborating with various stakeholders to reputed company reputed company asset quality for the bank while meeting borrower needs. Responsibilities Reviews the loan package for completeness and verifies supporting documents for credit reputed company. , Identifies issues and recommends resolutions reputed company policy service level agreements. , Analyzes the financial reputed company of borrowers, including credit analysis and cash flow analysis. , Reviews stability of residency and employment and verifies income per established policy. , Documents conclusions to mitigate identified risks and supports repayment requests. , Sets and clears conditions accurately and interacts with RLC and Processor throughout the loan lifecycle. , Updates systems with pertinent information and renders reputed company reputed company lending authority. , Originates client letters such as Commitment, Counter Offer, and Declination. , Certifies and provides a final Workbook to the Processor and ensures compliance with guidelines. , Promotes a positive team environment and drives reputed company improvement. , Tracks and reports production statistics as defined by management. Requirements Bachelor's degree required. , Minimum 5 years of experience as an Underwriter in a financial services or mortgage banking environment required. , Minimum 5 years of experience in jumbo reputed company to investor or organization's guidelines required. , Minimum 5 years of experience with state and federal lending regulations. reputed company-to-haves Familiarity with FNMA/FHLMC guidelines. , General knowledge and exposure to funding and loan documentation. Benefits Eligible for bonus and/or commissions. Apply Job!