Mortgage Underwriter III

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At BankSouth Mortgage, we pride ourselves on delivering exceptional service, sound lending decisions, and a commitment to doing things the right way. We are currently seeking a highly experienced Mortgage Loan Underwriter III to join our growing team.

This is a senior-level underwriting role designed for a confident decision-maker who thrives in a fast-paced environment and brings deep expertise across a wide range of loan products. The ideal candidate will play a critical role in ensuring credit quality, managing risk, and supporting our production teams through timely, well-reasoned underwriting decisions.

This position offers the flexibility to work remotely from home; however, it is based out of our corporate office in Atlanta, Georgia. While remote work is supported, preference will be given to candidates located within reasonable proximity to one of our BankSouth office locations to support collaboration and team connectivity.

If you are a detail-oriented professional with a passion for excellence in underwriting and a strong understanding of agency and investor guidelines, we invite you to explore this opportunity with BankSouth Mortgage.

Essential Functions

• Independently underwrite residential mortgage loan applications, including conventional, jumbo, FHA, VA, and USDA products, in accordance with investor and regulatory guidelines
• Analyze borrower creditworthiness by evaluating income, assets, credit history, and overall risk to determine ability to repay
• Review and interpret complex financial documentation, including self-employed income, tax returns, and layered risk scenarios
• Assess collateral risk, including appraisal reviews and loan-to-value requirements, ensuring compliance with agency and investor standards
• Evaluate and validate the source of funds and asset documentation to ensure eligibility and regulatory compliance
• Make sound, well-documented credit decisions, including loan approvals, conditions, and denials, with clear rationale
• Ensure all loans meet BankSouth Mortgage, investor, and governmental requirements prior to final approval
• Serve as a resource for processors, loan officers, and junior underwriters by providing guidance on underwriting scenarios and guideline interpretation
• Maintain quality and productivity standards while managing a pipeline of loans in a timely and efficient manner

Compliance

• Responsible for learning, understanding and practicing required fraud prevention practice, BSA and OFAC compliance requirements
• Ensure that BankSouth Mortgage adheres to all applicable federal and state regulations
• Maintain confidentiality of all customer files & associated information
• Assist examiners and auditors by providing required documentation
• Correct exceptions to issues found by examiners and auditors

• Minimum of five (5) years of residential mortgage underwriting experience, with demonstrated ability to independently underwrite complex loan files
• Proven experience underwriting a full range of loan products, including conventional, jumbo, FHA, VA, and USDA
• Strong knowledge of agency and investor guidelines, including FHA, FNMA, FHLMC, VA, and USDA requirements
• Experience using automated underwriting systems, including Fannie Mae Desktop Underwriter (DU) and Freddie Mac Loan Product Advisor (LPA)
• Advanced analytical and decision-making skills, with the ability to assess risk and make sound credit decisions in complex scenarios
• Proficiency in reviewing and analyzing income documentation, including self-employed borrowers, tax returns, and layered risk files
• Working knowledge of mortgage insurance (MI) guidelines, compliance requirements, and fraud detection tools
• Strong attention to detail with the ability to manage a high-volume pipeline while maintaining accuracy and meeting deadlines
• Excellent communication and interpersonal skills, with the ability to collaborate effectively across underwriting, processing, and production teams
• Ability to prioritize workload, adapt to changing priorities, and perform effectively in a fast-paced environment
• Associate degree in business, finance, or a related field required; Bachelor’s degree preferred (or equivalent industry experience)

Preferred Qualifications

• VA LAPP, FHA DE (CHUMS), and/or USDA SAR designations
• Experience underwriting condominium projects and knowledge of condo guidelines
• Familiarity with Non-QM (Non-Qualified Mortgage) products and underwriting guidelines

This job description is not intended to be all-inclusive, and employees will also perform other reasonable related business duties as assigned by immediate supervisor and other management as required.

Please note, we are not working with outside recruiters for this position.

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BankSouth Mortgage is an Equal Employment Opportunity (EEO) Employer committed to diversity in the workplace. It does not discriminate against any qualified employee or applicant on the basis of age, race, color, sex, religion, national origin, disability, protected veteran status, genetic data, gender identity, sexual orientation or other legally protected status.