Current jobs related to Mortgage Underwriter - Wilmington - Sonabank

  • Mortgage Origination Examiner

    2 weeks ago

    Wilmington, North Carolina, United States State of North Carolina Full time

    Job SummaryWe are seeking a highly motivated and detail-oriented Mortgage Origination Examiner to join our team at the North Carolina Office of the Commissioner of Banks. As a key member of our Mortgage Division, you will play a critical role in ensuring the safe and lawful conduct of mortgage lenders and brokers in North Carolina.Key ResponsibilitiesConduct...

  • Mortgage Loan Officer

    1 month ago

    Wilmington, Delaware, United States The Pat Brunner Team Full time

    Job OverviewWe are seeking a skilled and service-oriented Junior Loan Officer to join our team at The Pat Brunner Team. As a key member of our origination team, you will play a crucial role in helping our clients achieve their homeownership goals.Key ResponsibilitiesCollaborate with senior loan officers and mortgage lenders to provide personalized loan...

  • Mortgage Protection Specialist

    4 weeks ago

    Wilmington, Delaware, United States Spieldenner Financial Group Full time

    Job OpportunitySpieldenner Financial Group is seeking highly motivated and career-driven individuals to join our Mortgage Protection team. Our team members play a vital role in helping American families protect their largest asset: the ability to make an income.We offer a proven system that includes extraordinary mentorship, training, and support, allowing...

  • Pre & Post Closing Review Specialist

    5 days ago

    Wilmington, United States Artisans'​ Bank Full time

    JOB SUMMARY:Serve as a first line of defense to mitigate unnecessary exposure to risk. Responsible for pre- and post-closing review of all new and renewed commercial loans to ensure that proper policy, procedural, and compliance requirements have been adhered to and loans have been documented in accordance with the approved terms. Handle recordation,...

Mortgage Underwriter

2 months ago

Wilmington, United States Sonabank Full time
Position Summary: Under the general supervision of the Underwriting Manager, the Mortgage Underwriter is responsible for evaluating and determining the eligibility of loan applications. Responsibilities include analyzing and verifying loan applications, evaluating risks, and making loan eligibility decisions. The Mortgage Underwriter is responsible for exercising sound judgment based on detailed analysis and ensuring all documentation is in compliance with the relevant regulations.

Primary Duties

  • Comply with industry-related regulations, requirements and state/federal laws as applicable to the job duties of this position.
  • Authorizing and underwriting loans.
  • Reviewing and verifying loan applications and supporting documentation.
  • Analyzing loan risk and requesting additional information as necessary.
  • Preparing reports on assessment findings.
  • Making loan eligibility decisions and approving or rejecting applications.
  • Reviewing and specifying loan conditions as necessary.
  • Ensuring compliance with regulatory standards.
  • Ensuring compliance with company policies and guidelines.
  • Documenting and effectively communicating reasons for the approval/rejection of loans.
  • Returning applications with additional documentation to the loan officer for review.
  • Proficient understanding of Encompass and Encompass closing docs.
  • Experienced with FNMA DU/AUS, FHA, VA, USDA and investor guidelines.
  • Regular and sustained attendance.
  • Maintain compliance with and adhere to all state and federal regulations and bank policies and procedures, including, but not limited to Bank Secrecy Act, FACT ACT, Community Reinvestment Act, and EEO/AA/Fair Employment Practices.
Minimum Educational & Experience Requirements
  • High School diploma required.
  • Bachelor's Degree in business, banking, or finance preferred.
  • Minimum of 3 years' experience in mortgage loan underwriting.
  • Excellent interpersonal skills and communication skills with strong attention to detail.
  • Highly organized and able to prioritize.
  • Good communication skills, both verbal and written.
  • Detail-oriented with strong data analysis skills.
  • High mathematical aptitude.
  • Good working knowledge of mortgage loan processing and relevant legal regulations.
Minimum Skill Requirements
  • Professional and effective verbal and written communications
  • High degree of attention to detail
  • Strong organizational skills
  • Ability to work independently with minimal supervision
  • Proficient with MS Office
  • Strong problem-solving skills
  • Ability to work effectively in a remote office environment.
Physical Demands

In terms of an 8-hour workday, "occasional" equals 1% to 33%, "frequent" equals 34% to 66%, and "continuous" equals 67% to 100%. However, some duties are performed monthly, annually, or sporadically throughout the year and are essential functions. Reasonable accommodation may be made to enable individuals with disabilities to perform essential functions of the position.
  • Continuous remaining in a stationary position, particularly, but not limited to, at a desktop computer
  • Continuous repetitive use of hands/arms; particularly concerning to typing, writing, phone & computer use
  • Continuous communication: verbal and written, in-person, phone and electronic
Work Environment
  • Office environment or remote environment