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Mortgage Underwriter

Date: Sep 15, 2021

Location: Cayce, SC, US, 29033 Chantilly, VA, US, 20151 Myrtle Beach, SC, US, 29577 Morgantown, WV, US, 26505 Dunbar, WV, US, 25064 Washington, NC, US, 27889 Wilmington, NC, US, 28401

Company: United Bank

Job Description

JOB SUMMARY: 
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

Company Profile

Company Profile

At United, we value all of the relationships we have built since 1839. We are committed to providing each relationship with an unmatched level of service. While we offer competitive products, services, rates, and technology, the level of service we provide and our commitment to building relationships is what sets us apart from our competitors. Our 211 full-service banking offices and 15 loan origination offices in West Virginia, Maryland, Virginia, Ohio, Georgia, Pennsylvania, North Carolina, South Carolina and Washington, D.C. are each built on customer service and commitment to the community. United is backed by a history of safe, sound and secure banking practices that have allowed us to navigate through decades of changing economic environments. Because of this, our employees, customers, shareholders and communities can rely on us to be their banking partner for decades to come. Member FDIC. Equal Housing Lender. Equal Opportunity Employer.

 


Nearest Major Market: Columbia
Nearest Secondary Market: South Carolina

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