Mortgage Loan Underwriter II Position
5 days ago
About the Role:
The Home Loan Underwriter II is a key position at Gesa Credit Union, responsible for making quality loan decisions on residential mortgage loans in accordance with company and agency standards.
This role requires a member-focused approach, offering alternative solutions to meet the members' financial needs. The Home Loan Underwriter II will be involved in several types of mortgage lending, including Conventional, Portfolio, and Home Equity.
Key Responsibilities:
- Analyze income, credit, assets, and loan application according to company and agency underwriting guidelines to produce a sound credit decision.
- Comply with TRID, Ability to Repay/Qualified Mortgage rule and other compliance regulations.
- Ensure loan origination system reflects accurate loan data.
- Perform a thorough analysis of collateral to ensure property meets company and agency guidelines and the appraisal quality and completeness is acceptable.
- Work in tandem with production and operations staff to address loan conditions, questions, issues, and problem solve.
- Collaborate with management on counter offers and exceptions.
- Issue denials, suspensions, and counteroffers.
- Maintain ongoing knowledge of company and agency guidelines, updates, and trends.
- Manage a pipeline and achieve production and turn-time standards set forth by management.
Requirements:
- High school diploma or equivalent completion of specialized course of study, training, and experience.
- Minimum of 2 years of relevant mortgage loan underwriting experience required.
- One year experience in correspondent lending preferred.
- Experience with loan origination software, electronic file storage systems, and AUS required.
- Proficient with standard Microsoft Office Suite.
- Some travel is required to achieve training and business objectives.
- Valid Driver's License is required.
What We Offer:
- Competitive Pay
- Medical, Dental, Vision, and Life Insurance
- 20 days/year accrual of Paid Time Off - Plus 10 Paid Holidays
- 401(k) Match
- Incentive Program
- Tuition Assistance and Student Loan Repayment
- Commuter Benefits
- Paid Time Off to Volunteer in the Community
- Product discounts
- Engaging Work Environment
- Rewards and Recognition Programs
Salary Range: $31.75-$47.62
Gesa Credit Union is an Equal Opportunity Employer and strong advocate of workforce diversity. Race/Color/Gender/Sexual Orientation/Gender Identity/Religion/National Origin/Disability/Veteran.
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