Mortgage Loan Underwriter

1 week ago


Buffalo, New York, United States HUNT Real Estate Full time

Job Type

Full-time

Position Overview

We are looking for a skilled Mortgage Underwriter to join our team at HUNT Real Estate. The successful candidate will have a solid background in both conventional and government-backed loan programs, demonstrating a keen understanding of mortgage lending standards and regulations.

Key Responsibilities

  • Conduct thorough reviews and evaluations of mortgage loan applications to confirm accuracy and compliance with underwriting standards for both conventional and government programs (FHA, VA, USDA).
  • Analyze borrowers' financial documents, including income statements, asset reports, credit histories, and employment records to assess their creditworthiness and associated risks.
  • Review property appraisals and collateral to ensure they align with lending criteria and requirements.
  • Calculate financial metrics such as debt-to-income ratios to evaluate the borrower's repayment capacity.
  • Engage in effective communication with loan officers, processors, and other relevant parties to gather necessary information or clarification regarding loan applications.
  • Make informed decisions on loan approvals or denials based on underwriting assessments, providing clear justifications for each decision.
  • Stay informed about updates in mortgage lending regulations, underwriting practices, and market trends.
  • Work collaboratively with compliance and risk management teams to ensure that all loan files adhere to regulatory standards and internal policies.


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