Residential Mortgage Underwriter

Abound Credit Union•Radcliff, KY

About The Position

Residential Mortgage Underwriter Are you ready to join a team that is committed to hardworking Kentuckians? If so, Abound Credit Union might be the place for you! We are driven by our selfless dedication to members and community. We create a connected , learning-driven , and fun environment that fuels our passion to inspire financial wellness. We do that by sharing our knowledge, strength, and accessibility to provide market-leading value that makes more possible for our members. Here at Abound Credit Union, culture is a big deal. We roll up our sleeves each day to make this an awesome place to work. We want to bring great things to our communities, be awesome to each other, ready for whatever comes our way, and are hungry to learn and grow as people and professionals. Our best is built from the inside out. As a Residential Mortgage Underwriter for Abound Federal Credit Union, you will be engaged in a rewarding and challenging environment in underwriting as part of our residential mortgage department. This positions responsibilities include evaluating documentation and making credit decisions on loans, confirming mortgage lending policies and procedures are followed while ensuring compliance with all state and federal lending laws. A fun and engaging culture is critical to the health and success of the organization. The Residential Mortgage Underwriter contributes to the culture by promoting teamwork, growth and development, collaboration, and innovation. Full job description will be provided if you are selected for an interview.

Requirements

Minimum of 8 years experience as a mortgage underwriter, including working knowledge of FNMA, FHLMC, FHLB, FHA and VA guidelines and program requirements.
FHA and VA Certifications
Extensive and detailed knowledge of real estate mortgage lending laws, regulations, policies, and procedures applicable to both primary and secondary markets.
Applicants for this position must successfully complete and pass the eligibility requirements for registration under the Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E Act), which requires Federal Registration under the Nationwide Mortgage Licensing System and Registry.
Applicants at the minimum must furnish the Registry with information concerning the applicants identity including: (1) Fingerprints for submission to the FBI and any other relevant governmental state agency for a State and national criminal history and background check; and (2) personal history and experience including authorization for the Registry to obtain information related to any administrative, civil, or criminal findings by governmental jurisdiction. Failure to successfully pass the Registry background screening requirements could result in loss of position and/or employment.
Friendly, outgoing manner, ability to deal with members with tact and courtesy and maintain professional demeanor in all situations.
Self-motivation, enthusiasm, and initiative with a willingness to support others within the Credit Union.

Responsibilities

Analyze and evaluate all aspects of borrowers credit, employment/income, and asset profile.
Make final decision on acceptance or decline of loan request.
Ensure the appraisal/collateral and all other loan attributes meet the requirements of the loan product and investor.
Conduct initial and final review of first mortgage loan applications.
Ensure the accuracy of all necessary criteria for specific loan types, products, rates, and fee structures.
Underwrite all conventional conforming and jumbo loans in accordance with investor guidelines and Automated Underwriting System (AUS) Recommendations.
Underwrite loans for Abound Portfolio and other Investors in accordance with any/all investor overlays on guidelines and conditions.