Sr. Mortgage Loan Underwriter; BR 10; 10.14.25

Texana Bank National Association•Keller, TX

25d

About The Position

JOB SUMMARY: A Senior Mortgage Underwriter is responsible for evaluating the eligibility of an applicant for loan application processing. Senior Underwriters verify the applicant's information, including their credit score and other valid documents, ensuring that the applicant fulfills the loan application's parameters. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with other senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending. You may also be required to respond directly to individual and investor audits. ESSENTIAL FUNCTIONS: Adherence to mortgage product guidelines Underwriting & training the underwriting & production staff on special products Achieve and maintain highest level of regulatory compliance in conjunction with minimal loan defect rates while meeting and exceeding production metrics Develop, implement, and drive quality standards consistent with company policies and investor guidelines Manage pipeline and report project timelines and results Responsible for the review of quality control reports and implement any action plans required Foster positive attitudes and professionalism by focusing on resolution-based approach to problem solving and identifying best practices, process improvements and mortgage loan system efficiencies Review, analyze, and determine mortgage loan compliance with Fannie Mae, Freddie Mac, FHA, VA, and Rural Development guidelines Ensure accuracy of all loan documentation Clearly communicate decisions and the justification behind those decisions to the appropriate parties

Requirements

5+ years of Residential Mortgage Underwriting.
Conventional Agency experience required.
Experience with customer service, decision making, and analyzing information.
Excellent organizational, written and telephone communication skills.
Deep understanding of pipeline management and system supported workflows is required.
Must have a strong understanding of multiple investor guidelines and regulatory compliance

Nice To Haves

Non-Conforming, Jumbo, FHA, VA, Bond Program experience preferred.

Responsibilities

Evaluating the eligibility of an applicant for loan application processing
Verifying the applicant's information, including their credit score and other valid documents, ensuring that the applicant fulfills the loan application's parameters
Examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents
Work with other senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans
Respond directly to individual and investor audits
Adherence to mortgage product guidelines
Underwriting & training the underwriting & production staff on special products
Achieve and maintain highest level of regulatory compliance in conjunction with minimal loan defect rates while meeting and exceeding production metrics
Develop, implement, and drive quality standards consistent with company policies and investor guidelines
Manage pipeline and report project timelines and results
Responsible for the review of quality control reports and implement any action plans required
Foster positive attitudes and professionalism by focusing on resolution-based approach to problem solving and identifying best practices, process improvements and mortgage loan system efficiencies
Review, analyze, and determine mortgage loan compliance with Fannie Mae, Freddie Mac, FHA, VA, and Rural Development guidelines
Ensure accuracy of all loan documentation
Clearly communicate decisions and the justification behind those decisions to the appropriate parties