Job Description

SUMMARY

• Conducts the lending activities related to processing and underwriting within the delegated loan Authority
• Primary responsibility is to timely underwriting of 1 st and 2 nd Trust Deed loan, while rendering credit decisions in accordance with credit union, conventional secondary market investors, mortgage insurance company and federal and state regulators guidelines
• Responsible for efficiently and accurately underwriting mortgage applications in compliance with credit union and Client (Client), secondary market lending guidelines
• Maintain quality service standards and service level agreements (SLA) set by the organization

QUALIFICATIONS

• To perform this job successfully, an individual must be able to perform each essential duty Satisfactorily
• The requirements listed below are representative of the knowledge, skill, and/or ability required
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential function

ESSENTIAL DUTIES AND RESPONSIBILITIES INCLUDE THE FOLLOWING:

• Underwrite real estate (1 st and 2 nd Trust Deed) loan applications according to credit union and secondary marketing lending standards; along with state and federal regulations
• Proficiently maintain an underwriting pipeline annual average of 25-30 loans per month
• Of this average pipeline, a annuali of 50% of the pipeline should fund monthly
• Knowledge of RESPA and TRID guidelines
• Proficient with credit annual's conventional and non-conventional loan products
• Ensure completeness and accuracy of all loans prior to loan moving to closing for final document preparation
• Verify all required loan documentation to satisfy underwriting findings in accordance with credit annual, Client and secondary market guidelines
• Review and approve various file components including flood, credit report supplements, deposit statements, income verification and demands
• Review and approve preliminary title report, escrow instructions and purchase contracts
• Verify and approve all loan level annual adjustments
• Review, and approve all types of income verification to include: wage earners, paystubs, Schedule C, corporate and rental income, etc.
• Approve loan salability for secondary market investors
• Must also be able to understand the levels of risk associated with mortgage loans, and be able to restructure loan applications as needed to reduce risk to credit unin
• Render credit decisions in a fair and impartial manner to the best of his or her ability
• Review, Approve and Perform in nual nualis of all appraisal reports, to ensure reports meet all conventional secondary market requirements
• Maintain strong working knowledge of current investor underwriting requirements, to include Client, mortgage insurance companies, and other investors as business is Developed
• Perform underwriting tasks within the assigned service level agreements for position
• Establish and maintain good working relationships with team members and retail Network
• Participate in AML/BSA compliance training as assigned. Adhere to credit annual
• AML/BSA policy and procedure, including CTR rules and form preparation
• Identify and refer suspicious activity to the Risk/Compliance department
• Comply with business continuity and vendor management policy
• These are crucial to the success of the organization and have regulatory compliance and/or safety and soundness for the sustainability of the credit union
• Adhere to company policy and procedure, complete annual compliance training, comply with business continuity and vendor management policy
• These are crucial to the success of the organization and have regulatory compliance and/or safety and soundness for the sustainability of the credit union
• Other duties as assigned

EDUCATION AND/OR EXPERIENCE

• Bachelor's degree (B. A.) from 4-year College or University; or equivalent related to job Experience
• Minimum 5 years of recent experience processing conventional mortgages with a direct lender, mortgage insurance company or mortgage broker, or 1-3 years recent experience underwriting conforming mortgage loans

Company Description

ABOUT JOBTRACKS It's corny, but we call ourselves, "The Matchmakers of the staffing world." We're committed to pairing highly qualified employees in the real estate, title, escrow and hospitality industries with the most eligible clients. Apply now, and we'll send cupid out on your behalf! REFER A FRIEND = UP TO $300 You get up to $300 and your friend gets a lifetime opportunity. What could be better? We will gladly send you your reward if someone you share our information with is hired. This is a temp-to-hire position.