Mortgage Underwriter

Royal Credit Union•Arden Hills, MN

2d•$31 - $40•Hybrid

About The Position

Are you analytical, detail-oriented, and passionate about delivering high-quality mortgage solutions? Become a Mortgage Underwriter at Royal Credit Union role, you’ll evaluate and analyze mortgage loan requests, collaborate with lending teams, and help Members achieve their financial goals while ensuring compliance and mitigating risk. Why Royal? Member and Community Focused: We are dedicated to making a positive impact on our Members and the communities we serve, going beyond financial services to enrich lives and foster growth. Supportive Environment: Join a collaborative, values-driven workplace that is always evolving. We support each other and work together to achieve our goals. Professional Growth: We offer numerous opportunities for training and advancement, helping you continuously develop and advance your skills. Empowerment: We empower our team members to make decisions and drive initiatives that help our Members achieve their financial goals. Your ideas and contributions are valued and encouraged. Community Involvement: Engage with your local community through various initiatives and events, making a tangible difference where you live and work. Be part of something bigger. What You’ll Do:The Mortgage Underwriter is responsible for evaluating and analyzing mortgage loan requests for all HELOCs, Conventional mortgage products, and Portfolio mortgage products to ensure they meet all investor guidelines, regulatory requirements, and company policies. Will approve or deny applications according to the terms of Royal Credit Union's standards, procedures, regulatory underwriting guidelines, and secondary market requirements while meeting the commitment of delivering high-quality loans that satisfy our Member's financial needs while mitigating risk.

Requirements

High School Diploma or Equivalent
Three years of mortgage-related experience, including mortgage processing
Working knowledge of loan origination systems, secondary market underwriting standards, and state/federal mortgage lending regulations.
Strong analytical skills to assess risk, review financial statements, credit reports, tax returns, and appraisals, and make sound lending decisions.
Excellent written and verbal communication skills; able to present information, respond to questions, and collaborate with loan processors, officers, and stakeholders.
Highly organized, attentive to detail, able to prioritize and multitask in a high-volume, deadline-driven environment.
Maintains a high level of confidentiality and composure in high-stress situations; able to lead or contribute to process improvement initiatives.

Nice To Haves

Previous Mortgage underwriting experience

Responsibilities

evaluating and analyzing mortgage loan requests for all HELOCs, Conventional mortgage products, and Portfolio mortgage products to ensure they meet all investor guidelines, regulatory requirements, and company policies
approve or deny applications according to the terms of Royal Credit Union's standards, procedures, regulatory underwriting guidelines, and secondary market requirements while meeting the commitment of delivering high-quality loans that satisfy our Member's financial needs while mitigating risk