Mortgage Underwriter

IH Mississippi Valley Credit Union • Moline, IL

6d • Hybrid

About The Position

IHMVCU is committed to helping our members achieve homeownership and financial goals by offering mortgage solutions. We are seeking a highly skilled Mortgage Underwriter with a background in secondary market lending and home equity underwriting to join our team and play a critical role in assessing risk, ensuring compliance and supporting our operations.

This role will enjoy a hybrid working environment at our beautiful headquarters located on River Drive in Moline, IL. This facility includes a comfortable office environment with an on-site gym facility.

Requirements

• Two-year college degree or equivalent combination of education and experience.
• Minimum of 2 years of experience in Mortgage Lending Experience, with emphasis on secondary market and home equity underwriting.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively.
• Strong analytical skills with a strong attention to detail and commitment to accuracy.
• Ability to work independently, manage multiple tasks and meet deadlines in a fast-paced environment.
• High level of integrity and commitment to member service.

Responsibilities

• Evaluate, analyze, and approve/deny loan applications within guidelines established by each investor in a timely manner -no more than 48-hour turn around time. Clear underwriting conditions for final approval and closing of loan.
• Coordinate with mortgage team in analyzing and solving situations that may arise in the mortgage application and loan process. Offer alternative suggestions when loan cannot be approved as submitted.
• Understand and apply all federal and state regulations governing credit union lending, with particular emphasis on rules and regulations governing mortgage lending.
• Continuing education as needed to remain current with underwriting guidelines, investor requirements and regulatory policies. Have comprehensive knowledge of all mortgage loan products and programs available through the credit union as well as our affiliate relationships.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Associate degree