Loan Underwriter

First National Bank Texas • Killeen, TX

7h

About The Position

Approve or deny mortgage loans, following mortgage standards, according to VA,
FHA, FNMA, FHLMC, Investor, QC and Bank guidelines
Review and evaluate information on mortgage loan documents to determine if
buyer, property, and loan conditions meet establishment and government standards
When denying a loan, specify investor and institution guidelines and basis for
declining application; must be consistent with all decisions
Evaluate acceptability of loans to investors in the secondary market
Review credit reports and give loan officers and loan processors guidance on
how to make the loan work
Ensure the needs of the customer are met
Senior level may supervise underwriters in department
Regular and predictable attendance and punctuality
Other duties as assigned

Requirements

• At least 18 years of age
• High school diploma or equivalent
• 5 years mortgage experience; preferably two years in a mortgage underwriting environment
• Good communication skills
• Must be detail oriented, analytical, and organized
• Knowledge of Ellie Mae and VA LAPP and FHA DE authority required
• Must successfully pass background investigation according to company policy
• Must be able to get along with co-workers and work effectively in a team environment

Responsibilities

• Approve or deny mortgage loans, following mortgage standards, according to VA, FHA, FNMA, FHLMC, Investor, QC and Bank guidelines
• Review and evaluate information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards
• When denying a loan, specify investor and institution guidelines and basis for declining application; must be consistent with all decisions
• Evaluate acceptability of loans to investors in the secondary market
• Review credit reports and give loan officers and loan processors guidance on how to make the loan work
• Ensure the needs of the customer are met
• Senior level may supervise underwriters in department
• Regular and predictable attendance and punctuality
• Other duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 251-500 employees