Senior Mortgage Loan Underwriter
|Feb. 06, 2017 - Dec. 31, 2019|
|Department:||Elevations Credit Union|
|Description:|| Position Summary: The Senior Mortgage Underwriter underwrites all mortgage loan requests to be compliant with secondary market guidelines and internal policies set by credit union. Responsibilities include:|
Reviews loan documentation provided by Loan Originators and Loan Processors and coordinates attainment of missing information and documentation
Verifies accuracy of loan data
Underwrites loans in compliance with FNMA/FHLMC standards and Elevations portfolio guidelines
Communicates loan decisions and additional requirements to Loan Originators and Processors
Updates staff regarding new regulations and compliance
Prepares and executes periodic internal training on various underwriting issues
Conducts pipeline reporting and management
Answers questions from staff and reviews special scenarios with loan originators
Meets with loan committee to review risk on heightened and exception loans/ risk loans
Works with Credit Risk to determine acceptable guidelines for loan programs
Preferred: Underwrites loans in compliance with FHA/VA standards-minimum three years experience.
Education Requirements: College degree preferred; Structured external or internal training in mortgage underwriting
Knowledge, Experience and Skill Requirements:
5+ years experience in processing, underwriting and quality control reviews in residential mortgages
Excellent communication and presentation skills
Experience with FNMA Desktop Underwriter, FHLMC Loan Prospector, LOS information systems and Pipeline processing systems
Sales experience or Secondary Market knowledge helpful
Preferred: DE Certification
Required Competencies: Planning & Organizing, Technical/Professional Knowledge & Skills, Quality Orientation, Collaboration, Customer Focus, Decision Making, Managing Work, Adaptability
Potential Career Paths: Go to UltiPro> My Company> Company Info> Career and Compensation Information
This Job Description is not a complete statement of all duties and responsibilities of this position and may change with or without notice.
Candidates for certain positions may be required to submit to a credit history report in determining qualification for employment with Elevations Credit Union. If the position you are applying for requires a credit history report, any information received in such report will be not be the sole factor in making an employment decision. A history of personal financial irresponsibility may be reason for disqualification insofar as it relates to your potential job duties. Elevations Credit Union is aware that occasionally there are extenuating circumstances that may affect an individual's credit history. We comply with the Fair Credit Reporting Act and the Colorado Employment Opportunity Act.
We are proud to be an EEO/AA employer M/F/D/V.
Elevations provides equal employment opportunity to all individuals regardless of their race, color, creed, religion, gender, age, sexual orientation, national origin, disability, veteran status, or any other characteristic protected by state, federal, or local law.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities.
Please view Equal Employment Opportunity Posters provided by OFCCP here.
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information.
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