Sr. Home Loan Underwriter

GESA CREDIT UNION•Richland, WA

1d•Onsite

About The Position

The Sr. Home Loan Underwriter is responsible for making consistent quality loan decisions on residential mortgage loans in accordance with company and agency standards. This person will be member-focused and offer alternative solutions to meet the members financial needs. This role may be involved in several types of mortgage lending (Conventional, Portfolio, and Home Equity). This position has proven the ability to handle significant responsibilities in addition to the Mortgage Underwriter II role. This position acts as a resource for other Underwriters and Operations staff, answering questions, conducting training and acting as a mentor. The role involves analyzing income, credit, assets, and loan application according to company and agency underwriting guidelines to produce a sound credit decision, ensuring compliance with TRID, Ability to Repay/Qualified Mortgage rules and other compliance regulations, and ensuring the Loan Origination System reflects accurate loan data.

Requirements

High school diploma; or equivalent completion of specialized course of study, training, and experience
Minimum of five (5) years of relevant mortgage loan underwriting experience required
Expert experience with loan origination software as it pertains to job functions
Proven success maintaining monthly goals
Proficient with standard Microsoft Office Suite
Some travel is required to achieve training and business objectives
Valid Driver’s License is required

Nice To Haves

Minimum of three (3) years’ experience with correspondent lending desired
FHA DE or VA LAPP SAR desired

Responsibilities

Analyze income, credit, assets, and loan application according to company and agency underwriting guidelines to produce a sound credit decision
Comply with TRID, Ability to Repay/Qualified Mortgage rules and other compliance regulations
Ensure Loan Origination System reflects accurate loan data
Perform a thorough analysis of collateral to ensure property meets company and agency guidelines and the appraisal quality and completeness is acceptable
Works in tandem with loan officers and operations staff to address loan conditions, questions, issues, and problem solves
Collaborate with management on counter offers and exceptions
Issue denials, suspensions, and counteroffers
Maintain ongoing knowledge of company and agency guidelines, updates, and trends
Manage a pipeline and achieve production and turn-time standards set forth by management
Display mutual respect, trust, and dignity, while acting in the best interest of the credit union following all policies and procedures as expected by management.
Lead by example by always displaying solid ethics and integrity
Maintain and protect all sensitive data utilizing the highest standard of confidentiality and professionalism
Willingly perform other job-related projects and duties as assigned, self-initiating assistance to team members when appropriate
Provide support, training, coaching, and mentoring as the subject-matter expert for the underwriting team to maintain organizational consistency
Assist in internal audits and external exams as applicable
Work with management on FHA and VA UW approval authority projects