Mortgage Underwriter III

First Western

5h•$38 - $58

About The Position

First Western is seeking a Mortgage Underwriter III to join our team! Are you looking for a challenging and rewarding opportunity? First Western is seeking a passionate and experienced professional to join our team. As a Mortgage Underwriter III at First Western, you will play a vital role in helping high-net-worth clients achieve their financial goals. You will work closely with our Mortgage Loan Services team to deliver comprehensive solutions that exceed client expectations. If you are passionate about providing exceptional service to clients and are looking for a challenging and rewarding opportunity, we encourage you to apply for this position today.

Requirements

Proficient in Microsoft Office Suite.
Experience with Encompass preferred.
Must be well-versed in underwriting all income types, including ability to complete accurate income calculations from 1120, 1120S and 1065 returns.
Exceptional knowledge of FNMA/FHLMC underwriting guidelines.
Thorough knowledge of all current regulatory requirements including but not limited to TILA/RESPA, Reg B, ECOA, and MDIA.
Proficient in DU/DO and LP.
Strong analytical, written and verbal communications skills.
Detail-oriented.
Ability to prioritize complex and diverse responsibilities and multi-task in a fast-paced environment.
Ability to identify and analyze risk factors that may compromise overall loan quality.
Ability to work independently and with a team.
Ability to use discretion when making business decisions.
7-10 years Recent residential mortgage underwriting experience in a mortgage or bank environment
FHA Direct Endorsement underwriting authority Upon Hire

Nice To Haves

VA LAPP/SAR and USDA underwriting authority Upon Hire

Responsibilities

Analyze credit strength, employment profile, assets, collateral, and all other pertinent information for Jumbo, Conventional, Government, USDA Rural Housing, and Bank portfolio programs.
Render credit decisions in alignment with internal, investor and insurer underwriting guidelines.
Partner with MLOs and mortgage loan processors on complex and/or exception transactions.
Adhere to all department service level standards for communication, production, turn-times and compliance.
Prioritize daily workflow from a queue-based system to maximize efficiencies.
Complete daily, monthly, and/or quarterly reporting as required.
Underwrite up to 60 new files each month, in addition to reviewing and clearing file resubmissions and conditions.
Maintain current knowledge of and comply with all applicable laws and regulations, policies and procedures.
Practice First Line of Defense to protect First Western Trust, (“the Bank”) and its clients from fraud and theft of assets or information which includes utilizing available security measures to protect client and Company Non Public Information;
Attend periodic training to optimize effectiveness of fraud and loss prevention