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Mortgage Loan Underwriter - Full-Time - Louisville, KY
$60k-79k (estimate)
Full Time | Banking 2 Weeks Ago
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L&N Federal Credit Union is Hiring a Mortgage Loan Underwriter - Full-Time - Louisville, KY Near Louisville, KY

Summary

Reporting to the Mortgage Lending Manager, this full-time, exempt salaried role approves or denies mortgage loans following Credit Union policies and secondary market underwriting guidelines. The Mortgage Loan Underwriter reviews 1st and 2nd Mortgage files as well as reviews applications for Visa cards, and regularly researches mortgage rates.

Essential Functions & Responsibilities

  1. Reviews and evaluates information on mortgage loan documents to determine if borrower, property, and loan conditions meet Credit Union policies, government standards and taking into consideration secondary market requirements.
  2. Approves or rejects loan applications or requests additional information. Reviews files for accuracy and completion.
  3. Records loan rejection, specifying Credit Union guidelines and basis for declining application.
  4. Assign new loans to branches and processors.
  5. Cooperate and work together as a team with co-workers, maintain a neat work area, and perform other duties as assigned by supervisors.
  6. Practice confidentiality where indicated in employee matters and Credit Union operations.
  7. Reviews and signs off on mortgage releases.
  8. Informs loan officer and processor of loan decision.

Qualifications and Certifications

  • Associates degree required.
  • 3 to 5 years of similar or related experience.

Job Summary

JOB TYPE

Full Time

INDUSTRY

Banking

SALARY

$60k-79k (estimate)

POST DATE

05/26/2024

EXPIRATION DATE

05/31/2024

WEBSITE

lnfcu.com

HEADQUARTERS

LOUISVILLE, KY

SIZE

100 - 200

FOUNDED

1954

CEO

GEORGE MANN

REVENUE

$50M - $200M

INDUSTRY

Banking

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The job skills required for Mortgage Loan Underwriter - Full-Time - Louisville, KY include Underwriting, Mortgage Loans, Mortgage Lending, Confidentiality, etc. Having related job skills and expertise will give you an advantage when applying to be a Mortgage Loan Underwriter - Full-Time - Louisville, KY. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Mortgage Loan Underwriter - Full-Time - Louisville, KY. Select any job title you are interested in and start to search job requirements.

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The following is the career advancement route for Mortgage Loan Underwriter - Full-Time - Louisville, KY positions, which can be used as a reference in future career path planning. As a Mortgage Loan Underwriter - Full-Time - Louisville, KY, it can be promoted into senior positions as a Mortgage Credit Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Mortgage Loan Underwriter - Full-Time - Louisville, KY. You can explore the career advancement for a Mortgage Loan Underwriter - Full-Time - Louisville, KY below and select your interested title to get hiring information.