Mortgage Underwriter I, Marlboro, Full-Time, Hybrid

4 weeks ago


Marlborough, United States Digital FCU Full time

Job Category : Mortgages Requisition Number : MORTG005330 Apply now Posted: August 6, 2024 Full-Time Hybrid Locations Showing 1 location Operations Center 853 Donald Lynch Blvd. Marlborough, MA 01752, USA Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Analyze, underwrite and decision all mortgage loans to appropriate servicer guidelines ensuring soundness, accuracy and compliance with DCU and Investor standards. Maintain knowledge of current changes to investor guidelines, product changes, the general financial industry, and the real estate market. Maintain knowledge of compliance laws applicable to mortgage and home equity loan originations, including but not limited to: Equal Credit Opportunity Act (ECOA), Real Estate Settlement Procedures Act (RESPA), Regulation Z (Truth in Lending, Know Before You Owe), Regulation C (Home Mortgage Disclosure Act - HMDA), and other state and federal laws which may be applicable. Assist with the loan origination teams with loan structuring, re-structuring and loan scenario review requests. Work closely with mortgage processors, Team Leaders and other underwriters to maintain and develop better quality loan files. Exercise discretion and independent judgement in underwriting loans to support the business goals of the DCU. Assist in the development and maintenance of department policy and procedure documents. Contribute to department projects and initiatives as an individual and through team cooperation. Ensure compliance with all applicable state and federal laws and regulations. Perform other job-related duties as assigned by Managers(s). What You’ll Need 3-5 Years underwriting or related experience Requires compliance with the S.A.F.E. Mortgage Licensing Act of 2008 and all related regulations. BA/BS degree preferred (or equivalent work experience) What We Do DCU is the largest credit union headquartered in New England – serving more than one million members in all 50 states. With over 1,900 team members, we strive to make DCU a great place to work with an excellent work-life balance, and a community that cares. We are proud to be an Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities. #INDMI #J-18808-Ljbffr



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