Home Loan Operations - Home Loan Equity Underwriter - Must Reside in CA

JOB TITLE: Home Loan Equity Underwriter

DEPARTMENT: Home Loan Operations

STATUS: Non- Exempt

JOB CODE: 1802

PAY RANGE: $30.31 - $36.00 Hourly

GENERAL DESCRIPTION:

Responsible for the evaluation of Equity Lending loan applications to determine compliance with applicable state and federal regulations, investor guidelines and credit union standards. Review and analyze submitted loans for capacity, capital, character and condition while upholding fair lending practices. This includes ensuring that loan requests meet program and product specifications or counteroffer to a product and/or program when appropriate. Communicate decision (approval, counteroffer, suspense, denial) to applicable individuals within the department. Manage application turn time by executing credit decision according to the measurement set by department manager; meet targets.

TASKS, DUTIES, FUNCTIONS: 

1. Underwrite loan files received daily. Perform thorough, in depth risk assessment; determine borrower’s credit worthiness and ability for repayment. Analyze tax returns, credit, red flag and fraud detection information and related documentation to ensure compliance with agency, investor and/or credit union policy and procedures. 
2. Review and satisfy underwriting conditions inclusive of property related documentation encompassing appraisal reports, title, etc. to ensure adequate collateral along with a complete file in accordance with credit union policy while maintaining established turn times.
3. Maintain a thorough understanding of state and federal laws and regulations related to credit union compliance including bank secrecy and anti-money laundering laws appropriate to the position.  
4. Actively participate in training enhancement of department personnel. Identify training opportunities in relation to credit risk, review or trends.
5. Organize and prioritize daily work load to ensure compliance to credit union policy, procedures and established turn-around times. 
6. Complete and accurate input in loan origination system(s) to ensure data integrity. 
7. Communicate and interact with all pertinent vendors, servicers, agencies, investors, internal and external departments and members, as applicable.
8. Perform research, lender comparison, develop and maintain reports, assist in other areas of the department as directed by the department manager.  

PHYSICAL SKILLS, ABILITIES, AND EXERTION UTILIZED IN THE PERFORMANCE OF THESE TASKS: 

1. Effective oral and written communication skills.
2. Must possess sufficient manual dexterity to skillfully operate an on-line computer terminal and other standard office equipment, such as financial calculators, personal computer, facsimile machine and telephone.

ORGANIZATIONAL CONTACTS & RELATIONSHIPS: 

1. INTERNAL: Management, Home Loan Operations Department staff along with credit union branches and supporting departments.
2. EXTERNAL: Members, real estate agents, servicing agents, various state agencies, title companies, insurance companies, appraisers and other third-party vendors.

QUALIFICATIONS: 

1. EDUCATION: Successful completion of High School curriculum is required. College degree or equivalent a plus.
2. EXPERIENCE: Five years of responsible lending experience with a financial or banking institution.
3. KNOWLEDGE/SKILLS: Current working knowledge of lending basic principles and practices. Excellent analytical and decision making skills. Proper time management skills and ability to work independently. Strong customer/ member service relations, oral and written communication skills. Typing, ten-key, personal computer skills to include internet navigation, copier and facsimile machines.

PHYSICAL REQUIREMENTS: 

1. Prolonged sitting throughout the workday with occasional mobility required.
2. Corrected vision within the normal range.
3. Hearing within normal range. A device to enhance hearing will be provided if needed.
4. Ability to lift 20 lbs. as may be required.
5. Occasional movements throughout the department daily to interact with staff, accomplish tasks, etc.

LICENSES/CERTIFICATIONS:

None

Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.

THIS JOB DESCRIPTION PROVIDES AN OVERVIEW OF THE GENERAL SCOPE AND LEVEL OF WORK EXPECTED TO BE PERFORMED, BUT IT IS NOT AN EXHAUSTIVE LIST OF ALL DUTIES OR RESPONSIBILITIES ASSOCIATED WITH THE POSITION. THE CREDIT UNION RESERVES THE RIGHT TO MODIFY, ADD, OR REMOVE DUTIES AS NEEDED WITHOUT ADVANCE NOTICE. EMPLOYEES MAY BE REQUIRED TO PERFORM ADDITIONAL TASKS AND DUTIES AS DIRECTED BY THEIR SUPERVISOR, PROVIDED SUCH TASKS ARE WITHIN THE EMPLOYEE’S KNOWLEDGE, SKILLS, AND ABILITIES, OR CAN BE PERFORMED WITH REASONABLE TRAINING. NOTHING IN THIS JOB DESCRIPTION ALTERS THE AT-WILL EMPLOYMENT RELATIONSHIP OR LIMITS THE CREDIT UNION’S RIGHT TO ASSIGN OR REASSIGN DUTIES AND RESPONSIBILITIES TO THIS POSITION AT ANY TIME.

REV. 1/9/2026

Salary : $30 - $36