Mortgage Underwriter II

Truist•Greensboro, NC

8d•Onsite

About The Position

The Underwriter is responsible for underwriting residential mortgage loans to ensure compliance with bank, investor, and secondary market standards. This role involves communication with processors, originators, and other internal and external customers, and meeting performance standards and goals established by the bank. The Underwriter will approve acceptable loans within maximum conforming and/or non-conforming lending limits. Essential duties include performing detailed underwriting analysis of all Truist Financial mortgage loan products, calculating income, performing complex financial analysis, analyzing title reports and lien information, reviewing financial statements and additional documentation prior to approval. The role ensures all loan files are documented to meet portfolio and investor guidelines for marketability and quality standards. It requires developing and maintaining a strong understanding of Mortgage Lending products, policies, processes, and required documentation, with demonstrated expertise in two or more of the following categories preferred: GSE, Government, Portfolio, and/or expertise in government lending. Loans must be adequately conditioned to meet product, policy, and process requirements. The Underwriter must adhere to all compliance regulations and controls, conduct proactive and effective pipeline management to meet metrics, and develop and maintain positive working relationships with co-workers, clients, business partners, and vendors. Additionally, the role involves cultivating relationships with peers as a peer mentor. Lending authority will be granted based on experience and mastery of the certification program and/or demonstrated proficiency in underwriting mortgage loans.

Requirements

Minimum three years of mortgage loan underwriting experience; history of comparable lending authority limit.
Excellent Communication skills, both written and verbal, in relating to internal and external clients.
Demonstrates proficiency in basic computer applications, such as mortgage automated processing systems and Microsoft Office software products.
Bachelor's degree in business or related field, or equivalent education or related training
Ability to travel, occasionally overnight.

Nice To Haves

Basic knowledge of bank services and products.
Direct Endorsement and Staff Appraisal Reviewer Certifications.
Familiarity with Automated Underwriting Systems (e.g. DU, LP, GUS)
FHA/VA/Bond Experience.
Jumbo, Wealth and Construction to Perm Experience.

Responsibilities

Perform detailed underwriting analysis of all Truist Financial mortgage loan products including calculating all income type, calculating complex financial analysis, analyzing title reports and lien information, reviewing all financial statements, and reviewing all additional documentation prior to approval.
Ensure that all loan files are documented to meet portfolio and investor guidelines to ensure marketability and maintain quality standards.
Develop and maintain a strong understanding of Mortgage Lending products, policies, processes, and their required documentation; demonstrated expertise with two or more of the following categories preferred - GSE, Government, Portfolio - and/or expertise in government lending.
Loans to be adequately conditioned to meet Mortgage Lending products, policies, processes, and their required documentation.
Adhere to all compliance regulations and controls.
Conduct proactive and effective pipeline management to ensure that metrics are met.
Develop and maintain positive working relationship with co-workers, internal and external clients, business partners and vendors.
Cultivate relationships with peers as a peer mentor.