Mortgage Underwriter II
Mortgage Underwriter II
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
$ 77776 - 127398
1 Vacancy
Job Description
Job Description:
The Mortgage Underwriter II is responsible for reviewing and evaluating residential mortgage loan applications to ensure compliance with lending policies secondary market investor guidelines and all applicable regulations. This role requires underwriting a wide range of loan typesincluding Conventional FHA VA RD Jumbo Bond and Portfolio loanswhile maintaining high standards for quality consistency and customer service. The Underwriter collaborates with internal teams to ensure timely and accurate loan decisions supports compliance efforts and contributes to training and development within the mortgage operations team.
Qualifications:
A bachelors degree and at least seven years of experience underwriting all major mortgage loan types are required or an equivalent combination of education and experience. The ideal candidate possesses Federal Housing Administration (FHA) Direct Endorsement (DE) and Veterans Affairs (VA) Lender Appraisal Processing Program (LAPP) credentials strong analytical skills and sound judgment in loan decisioning. Proficiency in Automated Underwriting Systems (AUS) (Desktop Underwriter (DU) Loan Product Advisor (LP) and Guaranteed Underwriting System (GUS) working knowledge of Ability to Repay (ATR)/Qualified Mortgage (QM) and experience with Encompass Loan Origination System (LOS) are preferred. The role demands strong communication attention to detail and the ability to manage multiple priorities under deadlines. A commitment to integrity efficiency and mentorship within the team is essential.
Principal Responsibilities:
- Underwrite Conventional FHA VA RD Bond Jumbo and Portfolio loans in accordance with internal and investor guidelines.
- Analyze mortgage loan files to ensure compliance with regulatory investor and bank standards.
- Communicate underwriting decisions clearly and professionally to internal stakeholders.
- Serve as a subject matter expert and resource for loan officers and processing staff.
- Maintain awareness of industry trends regulations and guideline updates.
- Meet or exceed service-level expectations and turn-time standards.
- Review new and resubmitted files final conditions and documentation for underwriting approval.
- Respond promptly to audit findings and post-closing issues.
- Assist in training and mentoring underwriting and processing staff.
- Support ongoing improvement of underwriting practices and documentation processes.
- Participate in departmental meetings and provide input on operational improvements.
- Act in accordance with FBT policies and procedures as set forth in the employee handbook.
- Adhere to compliance procedures and participate in required compliance training.
The anticipated salary range for this role is between $77776 and $127398. This range is a good faith estimate for the position. The actual compensation offered to a candidate may differ based on various factors including the individuals relevant experience training skills work location and other considerations. For those in eligible roles we offer incentive compensation based on individual performance. Furthermore this role may qualify for a variety of benefits such as Medical Dental and Vision insurance Health Savings Accounts 401(k)/ESOP Paid Time Off Flexible Work Arrangements Paid Parental Leave and Student Loan Repayment Assistance. Learn more at .
Compensation Grade
Salary Grade 7First Bank & Trust is an Equal Opportunity Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race color religion sex sexual orientation gender identity or expression national origin disability or status as a protected veteran. Read our completeEqual Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email.
Employment Type
Full-Time
