Sr. Mortgage Underwriter

CFBank • Columbus, OH

1d • Onsite

About The Position

The Mortgage Underwriter is responsible for assessing clients applying for loans and for underwriting loans and determining the financial risks a potential client could pose to the company and whether a relationship between the two would be lucrative.

Requirements

• 3-5 Years of experience in a prior underwriting position.
• Ability to perform work with accuracy and attention to detail.
• Thorough understanding of federal and local regulations and laws about lending.

Responsibilities

• Maintain current understanding of policies and guidelines associated with lending.
• Work with lending and operational staff throughout the loan process.
• Review all information in client's application for accuracy and completeness.
• Assess client's income and expenses, including bank accounts, financial statements, and pay stubs.
• Determine client's willingness and ability to repay loan and other possible risk factors.
• Use specific software to analyze the information provided in the applications to verify the probability of a loss for the company.
• Evaluate loan applications in relation to the company's underwriting standards.
• Green light or decline loans based on analysis.
• Develop and enhance company policies related to lending and underwriting guidelines.
• Uphold CFBank’s underwriting standards and exercise professional understanding to approve loans that are profitable to the Bank.

Benefits

• Excellent Benefits Package: Top benefits include dependent coverage, generous PTO, Federal Holidays, and Paid Parental Leave for those who qualify for eligibility.
• Professional development opportunities including educational/training opportunities
• “Accelerated” 401k Plan and Employee Match of 50% of the first 8% deferred, available your first full month of employment with a 3-year vesting
• Employee Banking Promos and Direct Deposit of payroll to CFBank Account (over 90% of our employees bank with us!)
• Employee Assistance Program with a wide range of free resources such as estate planning and mental wellness resources
• One of the most collaborative environments you’ll find, with a team of hard-working mutually invested professionals who are excited about shared success

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed