Mortgage Underwriter III

BankSouth Mortgage•Atlanta, GA

1d•Remote

About The Position

At BankSouth Mortgage, we pride ourselves on delivering exceptional service, sound lending decisions, and a commitment to doing things the right way. We are currently seeking a highly experienced Mortgage Loan Underwriter III to join our growing team. This is a senior-level underwriting role designed for a confident decision-maker who thrives in a fast-paced environment and brings deep expertise across a wide range of loan products. The ideal candidate will play a critical role in ensuring credit quality, managing risk, and supporting our production teams through timely, well-reasoned underwriting decisions. This position offers the flexibility to work remotely from home; however, it is based out of our corporate office in Atlanta, Georgia. While remote work is supported, preference will be given to candidates located within reasonable proximity to one of our BankSouth office locations to support collaboration and team connectivity. If you are a detail-oriented professional with a passion for excellence in underwriting and a strong understanding of agency and investor guidelines, we invite you to explore this opportunity with BankSouth Mortgage.

Requirements

Minimum of five (5) years of residential mortgage underwriting experience, with demonstrated ability to independently underwrite complex loan files
Proven experience underwriting a full range of loan products, including conventional, jumbo, FHA, VA, and USDA
Strong knowledge of agency and investor guidelines, including FHA, FNMA, FHLMC, VA, and USDA requirements
Experience using automated underwriting systems, including Fannie Mae Desktop Underwriter (DU) and Freddie Mac Loan Product Advisor (LPA)
Advanced analytical and decision-making skills, with the ability to assess risk and make sound credit decisions in complex scenarios
Proficiency in reviewing and analyzing income documentation, including self-employed borrowers, tax returns, and layered risk files
Working knowledge of mortgage insurance (MI) guidelines, compliance requirements, and fraud detection tools
Strong attention to detail with the ability to manage a high-volume pipeline while maintaining accuracy and meeting deadlines
Excellent communication and interpersonal skills, with the ability to collaborate effectively across underwriting, processing, and production teams
Ability to prioritize workload, adapt to changing priorities, and perform effectively in a fast-paced environment
Associate degree in business, finance, or a related field required; Bachelor’s degree preferred (or equivalent industry experience)

Nice To Haves

VA LAPP, FHA DE (CHUMS), and/or USDA SAR designations
Experience underwriting condominium projects and knowledge of condo guidelines
Familiarity with Non-QM (Non-Qualified Mortgage) products and underwriting guidelines

Responsibilities

Independently underwrite residential mortgage loan applications, including conventional, jumbo, FHA, VA, and USDA products, in accordance with investor and regulatory guidelines
Analyze borrower creditworthiness by evaluating income, assets, credit history, and overall risk to determine ability to repay
Review and interpret complex financial documentation, including self-employed income, tax returns, and layered risk scenarios
Assess collateral risk, including appraisal reviews and loan-to-value requirements, ensuring compliance with agency and investor standards
Evaluate and validate the source of funds and asset documentation to ensure eligibility and regulatory compliance
Make sound, well-documented credit decisions, including loan approvals, conditions, and denials, with clear rationale
Ensure all loans meet BankSouth Mortgage, investor, and governmental requirements prior to final approval
Serve as a resource for processors, loan officers, and junior underwriters by providing guidance on underwriting scenarios and guideline interpretation
Maintain quality and productivity standards while managing a pipeline of loans in a timely and efficient manner
Responsible for learning, understanding and practicing required fraud prevention practice, BSA and OFAC compliance requirements
Ensure that BankSouth Mortgage adheres to all applicable federal and state regulations
Maintain confidentiality of all customer files & associated information
Assist examiners and auditors by providing required documentation
Correct exceptions to issues found by examiners and auditors