Mortgage Underwriter II

Truist Bank•Richmond, VA

5d•$90,000 - $105,000•Hybrid

About The Position

The position is responsible for underwriting residential mortgage loans to ensure compliance with bank, investor, and secondary market standards. This role involves communicating with processors, originators, and other internal and external customers, meeting performance standards and goals, and approving acceptable loans within maximum conforming and/or non-conforming lending limits. In accordance with Truist in-office expectations, this role will be in office 5 days/week for applicants who live within 35 miles of a Truist hub facility. Remote work can be considered for candidates outside of that range.

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.
Demonstrated expertise with two or more of the following categories: GSE, Government, Portfolio - and/or expertise in government lending.

Responsibilities

Perform detailed underwriting analysis of all Truist Financial mortgage loan products including calculating all income types, performing 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.
Condition loans adequately 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 a positive working relationship with co-workers, internal and external clients, business partners, and vendors.
Cultivate 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.