Non-Delegated Mortgage Underwriter II

Western Alliance Bank•Prior Lake, TX

5d•Remote

About The Position

Mortgage Underwriter II is responsible for underwriting Agency Conventional loans by reviewing the credit, capacity and collateral characteristics of loan files to ensure it meets company and investor quality standards. Manage individual pipeline on a daily basis by completing Underwriting Reviews, Conditions Reviews and other Underwriting Tasks within established turn times Identify any document deficiencies, request additional information and/or documentation from Clients as needed Expert ability to navigate and interpret all agency and company guidelines Assist other department personnel in interpreting underwriting guidelines, update loan status and complete all necessary tasks assigned to loan. Contact clients to provide updates and clarification on outstanding conditions and deficiencies identified on loans Other duties as assigned

Requirements

5+ years mortgage industry experience, with 3 years recent underwriting or loan review experience.
College degree preferred but not required
Ability to communicate effectively and professionally
Basic proficiency in Microsoft Office products (Excel, Word, etc.)
Loan quality and risk management
Experience in Retail or Non-Delegated Underwriting
Knowledge of FNMA and FHLMC guidelines.
Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Prospector
Good Customer/Client service skills
Ability to work in a fast paced production environment
Self-starter, self-reliant, dependable, ability to work within and meet specific time constraints
Excellent written and verbal communication skills
Prioritization and Time Management skills
Ability to learn and adapt to guideline changes

Nice To Haves

Knowledge of FHA, VA and USDA guidelines a plus, but not required.
DE or LAPP/SAR a plus, but not required

Responsibilities

Underwriting Agency Conventional loans by reviewing the credit, capacity and collateral characteristics of loan files to ensure it meets company and investor quality standards
Manage individual pipeline on a daily basis by completing Underwriting Reviews, Conditions Reviews and other Underwriting Tasks within established turn times
Identify any document deficiencies, request additional information and/or documentation from Clients as needed
Navigate and interpret all agency and company guidelines
Assist other department personnel in interpreting underwriting guidelines, update loan status and complete all necessary tasks assigned to loan.
Contact clients to provide updates and clarification on outstanding conditions and deficiencies identified on loans
Other duties as assigned