Senior Mortgage Underwriter

Northwest Bank•Columbus, OH

29d

About The Position

The Senior Mortgage Banker is responsible for underwriting residential and equity lines/loans ensuring compliance with appropriate company and secondary market investor standards, including Fannie / Freddie and additional investors (Wells, FHLB, BofA, etc.), ensuring loan requests meet program and product specifications, suggesting counteroffers to a different precut and / or program when appropriate, and communicating decision (approval, suspense, denial) to appropriate individuals and issuing proper documentation.

Requirements

Associate's Degree
5 - 6 years mortgage experience
5 - 6 years experience underwriting loans and management experience
Ability to establish effective working relationships among team members and participate in solving problems and making decisions
Ability to present and express ideas and information clearly and concisely in a manner appropriate to the audience, whether oral or written
Ability to actively listen to what others are saying to achieve understanding, sharing information with others and facilitating the open exchange of ideas and information
Ability to establish courses of action for self to accomplish specific goals, develop and use tracking systems for monitoring own work progress, and effectively use resources such as time and information
Ability to make right decisions based on perceptive and analytical processes, practicing good judgment in gray areas
Knowledge of RESPA 2010, MDIA, Dodd Frank, HVCC regulations, Freddie / Fannie lending guidelines, and automated underwriting and guidelines

Responsibilities

Underwriting residential and equity lines/loans ensuring compliance with appropriate company and secondary market investor standards, including Fannie / Freddie and additional investors (Wells, FHLB, BofA, etc.)
Underwrite Jumbo Loans
Underwrite government loans including FHA / VA / RD / and CRA programs
Examine loan documentation for accuracy and completeness
Follow the provisions of the Gramm-Bliley Act and the Bank's privacy policy; maintaining a high level of confidentiality
Make timely and accurate decisions while thriving in a fast paced environment
Ensure appropriate pricing
Check accuracy of all calculations
Underwrite and decision equity loans
Underwrite and decision purchase and refinance loans
Determine decision on pre-approval applications
Determine decision on modification requests
Communicate decision on loans to appropriate parties
Confirm adverse decisions
Partner with Mortgage Bankers
Identify and resolve loan issues
Recommend improvements to procedures
Maximize use of loan origination system
Evaluate the entire credit package and collateral for residential mortgage loans
Ensure an “investment” quality loan product
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment
Perform related duties as directed by manager
Abide by the rules of the safety and loss prevention program
Perform work tasks in a safe manner
Report any and all injuries to supervisor
Know what to do in case of an emergency