Mortgage Loan Underwriter - Full-Time - Louisville/or Corbin, KY

L&N Federal Credit Union • Corbin, KY

1d

About The Position

Reporting to the Mortgage Lending Manager, this full-time, exempt salaried role
approves or denies mortgage loans following Credit Union policies and secondary
market underwriting guidelines. The Mortgage Loan Underwriter reviews 1st and
2nd Mortgage files as well as reviews applications for Visa cards, and regularly
researches mortgage rates.

Requirements

• Associates degree required.
• 3 to 5 years of similar or related experience.

Responsibilities

• Reviews and evaluates information on mortgage loan documents to determine if borrower, property, and loan conditions meet Credit Union policies, government standards and taking into consideration secondary market requirements.
• Approves or rejects loan applications or requests additional information. Reviews files for accuracy and completion.
• Records loan rejection, specifying Credit Union guidelines and basis for declining application.
• Assign new loans to branches and processors.
• Cooperate and work together as a team with co-workers, maintain a neat work area, and perform other duties as assigned by supervisors.
• Practice confidentiality where indicated in employee matters and Credit Union operations.
• Reviews and signs off on mortgage releases.
• Informs loan officer and processor of loan decision.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree
• Number of Employees: 11-50 employees