Underwriter II

MEMBER FIRST MORTGAGE LLC•Grand Rapids, MI

7d•Remote

About The Position

Member First Mortgage is seeking an experienced and detail-oriented Underwriter to join our growing team! In this role, you will be responsible for reviewing residential mortgage loan applications and making sound underwriting decisions in accordance with investor, company, and regulatory guidelines. The ideal candidate will have a minimum of five years of underwriting experience and must have actively worked as a mortgage underwriter within the past two years. This position requires strong analytical skills, sound judgment, consistency in decision-making, and a commitment to delivering exceptional service to our credit union partners and members. The successful candidate is a collaborative team player who thrives in a fast-paced environment while maintaining a high level of accuracy and attention to detail. Founded on the credit union philosophy of “People Helping People,” Member First Mortgage provides full-service mortgage solutions to over 200 credit unions nationwide. Our commitment to honesty, integrity, and exceptional service creates a supportive, collaborative, and rewarding workplace.

Requirements

Minimum of 5 years of mortgage underwriting experience required
Must have actively worked as a Mortgage Underwriter within the past 2 years
Experience underwriting FHA, VA, and Conventional loans required
Comprehensive understanding of FHA, VA, and Conventional underwriting guidelines
Working knowledge of financial statements, tax returns, credit reports, and appraisals
Strong analytical and decision-making skills
Excellent attention to detail and commitment to accuracy
Consistent and sound underwriting judgment
Strong organizational and time management skills
Ability to prioritize workload and meet deadlines in a fast-paced environment
Excellent verbal and written communication skills
Team-oriented mindset with the ability to work independently
Proficiency in Microsoft Excel, Outlook, and other business applications

Nice To Haves

Bachelor's degree preferred, or equivalent industry certifications and experience
Experience with RD, Condo, Jumbo, or Construction loans preferred

Responsibilities

Analyze mortgage loan applications to determine borrower eligibility and creditworthiness
Review income, assets, credit history, and liabilities to ensure compliance with underwriting guidelines
Investigate derogatory credit and evaluate compensating factors when appropriate
Assess a borrower's ability to meet financial obligations and satisfy loan requirements
Review appraisals and supporting documentation to ensure property values are adequately supported
Analyze comparable sales and identify potential collateral risks
Establish conditions for repairs, inspections, or additional documentation when necessary
Evaluate collateral quality and overall loan risk
Approve, suspend, or deny mortgage loan applications based on investor and company guidelines
Clearly document underwriting decisions and loan conditions
Request additional documentation or clarification when needed
Ensure all loan decisions are consistent, accurate, and well-supported
Complete underwriting activities in accordance with FHA, VA, Conventional, and applicable investor requirements
Maintain current knowledge of underwriting policies, regulatory requirements, and program updates
Assist with investor reviews, quality control audits, and post-closing inquiries
Verify all documentation is complete and lending conditions are satisfied prior to closing
Communicate effectively with processors, closers, management, and other departments regarding loan conditions and file status
Provide guidance on complex loan scenarios and underwriting questions
Maintain strong working relationships with internal teams and credit union partners
Participate in process improvement initiatives and other projects as assigned