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Mortgage Underwriter

Date: Apr 15, 2021

Location: Cayce, SC, US, 29033 Charleston, SC, US, 29407 Charleston, WV, US, 25301 Dunbar, WV, US, 25064 Washington, NC, US, 27889 Myrtle Beach, SC, US, 29577

Company: United Bank

Job Description

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Responsible for reviewing and analyzing loan origination documentation and conditions and approving borrower requests and products.  Must have the ability to maintain quality of loans underwritten under required deadlines and have an understanding of industry standards and documentation requirements for loans sold to investors, FNMA, FHLMC, and Jumbo.


RESPONSIBILITIES:
•    Evaluate and verify applications – determining whether or not borrower will be able to repay the loan.  
•    Verify income and employment information, review credit history and calculate the value of the borrower’s collateral and assets.
•    Ensure that the property specifications and loan terms are in accordance with the Bank’s requirements per the Consumer Retail Loan Policy.    
•    Once the application has been evaluated and the degree of risk has been assessed, document the reasons for approval or denial of the loan and add the documentation to the loan file
•    Communicate (in a timely manner) the results of loan underwriting decision to the originating personnel.
•    Coach/counsel originators and/or mortgage loan personnel in the interpretation and application of underwriting guidelines and provide guidance and recommendations.
•    Responsible for reviewing appraisals to confirm the value is supported based on the content of the report.  
•    Read and interpret AUS results
•    Respond professionally to all inquiries and effectively communicate with internal and external customers
•    Prioritize rush’s, resubmissions, and submitted loan conditions to meet the required turn times 
•    Possess a good working knowledge of all regulatory requirements pertaining the job function, including, but not limited to, BSA/AML, the U.S. Patriot Act, and privacy laws.
•    Satisfactory and timely completion of all required regulatory training.
 

Qualifications

SKILLS/QUALIFICATIONS:

•    High School diploma or equivalent required.  Bachelor’s degree highly desired
•    Minimum 3 years mortgage loan underwriting experience required.
•    Current knowledge and application of compliance regulations regarding mortgage lending required.
•    Strong working knowledge of mortgage policies and loan products required
•    Familiar with banking regulations and responsibilities relating to titles, mortgages, liens and other aspects of the loan collateral position highly desired
•    Proficiency in Microsoft Office Products
•    Requires accuracy and ability to coordinate and prioritize workday efficiently.
•    Strong verbal and written communication skills.
•    Ability to maintain a high level of professionalism in a fast-paced environment
•    Detail Oriented and high degree of accuracy


KEY COMPETENCIES:

•    Analytical 
•    Solid Judgement & Decision Making
•    Compliance focused
•    Effective Communicator
•    Time Management


Essential Functions:  
•    Sitting for extended periods of time.
•    Sufficient dexterity of hands and fingers to efficiently operate a computer keyboard, mouse and other computer components.
•    Ability to converse and exchange information with all levels of staff within organization.
•    Ability to observe, perceive, identify, and translate data

 


This job description is not intended to be all-inclusive and the employee will also perform other duties as assigned.  It is not an employment contract.  United Bank reserves the right to modify job duties or job descriptions at any time.  

Company Profile

If you are looking for an organization that offers meaningful and interesting roles with an excellent benefits and compensation package, career development, and camaraderie, look no further than George Mason Mortgage, LLC.

George Mason Mortgage, LLC is an industry-leading lender and a wholly owned subsidiary of United Bank. With headquarters in Fairfax, Virginia, we have expanded our name with retail offices throughout Virginia, Washington, D.C., Maryland, North Carolina and South Carolina. Founded in 1980, our goal is to provide solid financial value to homeowners while standing by our reputation of consistently being a top lender.

Our specialized team of talented individuals allows us to close loans efficiently. With in-office processing, underwriting and closing, we are in control of the mortgage process and work with our clients every step of the way. Join a team of professionals who bring a variety of talent to the table, while working for a reputable company that fully supports its employees.


Nearest Major Market: Columbia
Nearest Secondary Market: South Carolina

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