Schedule | Monday - Friday 8a-5p |
What Youll Do | Summary/Objective: The Mortgage Underwriter I is responsible for analyzing underwriting and decisioning all mortgage loans consistent with department and secondary market standards. Essential Functions: 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 originationsincluding 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).
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What Youll Need | Education and Experience Requirements: - 3-5 Years of 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)
Additional Eligibility Requirements: - Technical Skills (word excel outlook etc.)
- Professional Written and Verbal Communication Skills
- Proficient working with DU LPA and AllRegs
- Knowledge of Loan Operating Systems (LOS) Product & Pricing Engine (PPE) Tableau/PowerBI Compliance & Regulators Software Mortgage Insurance Requirements
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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 1700 team members we strive to make DCU a great place to work with an excellent work-life balance and a community that cares. DCU is an equal-opportunity employer and we value diversity inclusion and equity at our company. We evaluate qualified applicants without regard to race color religion age sex sexual orientation gender identity national origin disability veteran status and other legally protected characteristics. If youre applying for a job and need a reasonable accommodation for any part of the employment process please send an email to and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address. DCU is not currently offering Visa transfer/ sponsorship for this position. |
Excepted Pay Range | $30.00 - $33.70 |
#INDMI
ScheduleMonday - Friday 8a-5pWhat Youll DoSummary/Objective:The Mortgage Underwriter I is responsible for analyzing underwriting and decisioning all mortgage loans consistent with department and secondary market standards.Essential Functions:Reasonable accommodations may be made to enable individual...
Schedule | Monday - Friday 8a-5p |
What Youll Do | Summary/Objective: The Mortgage Underwriter I is responsible for analyzing underwriting and decisioning all mortgage loans consistent with department and secondary market standards. Essential Functions: 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 originationsincluding 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 Youll Need | Education and Experience Requirements: - 3-5 Years of 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)
Additional Eligibility Requirements: - Technical Skills (word excel outlook etc.)
- Professional Written and Verbal Communication Skills
- Proficient working with DU LPA and AllRegs
- Knowledge of Loan Operating Systems (LOS) Product & Pricing Engine (PPE) Tableau/PowerBI Compliance & Regulators Software Mortgage Insurance Requirements
|
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 1700 team members we strive to make DCU a great place to work with an excellent work-life balance and a community that cares. DCU is an equal-opportunity employer and we value diversity inclusion and equity at our company. We evaluate qualified applicants without regard to race color religion age sex sexual orientation gender identity national origin disability veteran status and other legally protected characteristics. If youre applying for a job and need a reasonable accommodation for any part of the employment process please send an email to and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address. DCU is not currently offering Visa transfer/ sponsorship for this position. |
Excepted Pay Range | $30.00 - $33.70 |
#INDMI
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Job Location:
Monthly Salary:
$ 30 - 33
Posted on:
2 days ago
Vacancies:
1 Vacancy
