Consumer Underwriter Jobs

About The Position

Requirements

• Two to five years of mortgage processing and consumer underwriting experience.
• Or equivalent combination of education and experience.
• The ability to communicate effectively and clearly, both in verbal and written communications.
• Excellent interpersonal skills.
• Strong knowledge of the business area that is being supported.
• Self-directed and motivated.
• The ability to manage multiple tasks.
• Excellent problem-solving skills.
• Ability to add, subtract, multiply and divide in all units of measure using whole numbers, common fractions and decimals.
• Ability to compute rate, ratio, and percent and to draw and interpret bar graphs.
• Ability to deal with problems involving several concrete variable in standardized situations.
• Must be able to make sound decisions often in a stressful situation, according to established guidelines.

Nice To Haves

• Associates Degree or higher preferred.

Responsibilities

• Liaisons with the mortgage TPA/provider to work mortgage loans through the process to completion on correspondent transactions.
• Communicating with the title company and ensuring necessary documentation is uploaded.
• Reviews loans for accuracy prior to closing on correspondent loans.
• Works with the Title/Escrow agent on closing correspondent loans.
• Completes all post-close activities for correspondent transactions including preparing post-close forms, mailing documents, transferring servicing rights via MERS and prepare the standard credit file (left and right side).
• Adheres to the Sutton Bank Loan Policy for all consumer underwriting.
• Completes all appropriate documentation: Standard Credit Underwriting Form, Policy Exception Form, and Adverse Action/Counter Offer Form, etc. for online credit cards.
• Following Fannie Mae, FHLB or Freddie Mac procedures for any servicing actions including delinquent loans.
• Manages the bank's collection employee(s) and assists in the production of any required loan packets/modifications when a borrower is delinquent.
• Monitors secondary market investor and MERS procedures and implements process changes as needed to ensure programs are compliant.
• Disseminates information and trains internal staff when applicable.
• Performs quarterly MERS attestations and completes the annual MERS report.
• Works with CLO and CFO on compliance issues including updating OnSpring compliance software.