Mortgage Underwriter

Edmonton State Bank • Glasgow, KY

9h • Onsite

About The Position

The Mortgage Underwriter is responsible for underwriting secondary market and in-house portfolio loan applications, ensuring adherence to Bank and investor guidelines. This involves reviewing and analyzing credit, income, assets, appraisals, and title reports, as well as identifying potential fraud risks and misrepresentation. The role also requires conditioning for necessary items, ensuring all documentation is received, and providing support to loan officers regarding underwriting questions and scenarios, while staying current on investor and regulatory guidelines.

Requirements

• High school diploma or equivalent

Nice To Haves

• Secondary market underwriting experience preferred but not required
• Experience with AU systems (i.e. DU, LPA, GUS)
• Strong knowledge of assessing credit, income, assets, and collateral
• Excellent verbal and written communication skills
• Excellent organizational skills with great attention to detail
• Ability to perform efficiently at a fast pace while conforming to policies and procedures
• Ability to multi-task, problem-solve proactively, and think creatively
• Team-player mindset with eagerness to help others
• Experience with Microsoft Word, Excel and Outlook

Responsibilities

• Underwrite secondary market and in-house portfolio loan applications and ensuring adherence to Bank and investor guidelines
• Review credit, income, assets, appraisals, title reports, etc.
• Analyze loan attributes and documentation for soundness and accuracy
• Analyze loan applications to identify any fraud risks and/or potential misrepresentation
• Condition for necessary items and ensure all necessary documentation has been received prior to final approval
• Provide support to loan officers regarding underwriting questions and scenarios
• Stay up-to-date on investor and regulatory guidelines
• Perform other related duties as assigned

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED
• Number of Employees: 11-50 employees