What are the responsibilities and job description for the Mortgage Underwriter position at Marine Federal Credit Union?
Full Time Mortgage Underwriter (not a remote position)
Marine Federal Credit Union is looking for an experienced Mortgage Underwriter to join our existing team of professionals. The Mortgage Loan Underwriter position is responsible for underwriting Conventional loans following established company, agency and investor guidelines. The underwriter evaluates mortgage loan files and assesses risk based on compliance, agency, investor, and company guidelines to ensure salability with minimal loss. Individuals in this role are required to keep current with regulatory and market changes. Ideal candidates will be service-focused with superior time-management and communication skills, have the ability to multi-task, and possess keen attention to detail. We pride ourselves on turn-time, efficiency, and providing the best borrower experience possible. The Mortgage Loan Underwriter must conduct business with integrity and in a highly ethical manner.
Key responsibilities
- Complete thorough analysis of mortgage loan files to determine compliance with agency, company and investor guidelines to ensure salability of closed loans
- Review resubmitted files and documents
- Make and issue independent compliant loan decisions
- Maintain company service level and turn-time standards
- Respond to audits and post-closing issues in a timely manner
- Maintain working knowledge of agency and investor guidelines and policies
- Mentor processing staff on underwriting deficiencies and calculation errors
- Other duties as assigned
Required Skills & Experience
- Experience in Underwriting with strong credit, collateral, and risk analysis background
- Strong analytical decision-making and problem-solving abilities
- Demonstrated success in a fast-paced, high-stakes environment
- Aptitude for maintaining professional relationships with coworkers
- Excellent verbal and written communication skills
Job Type: Full-time
Pay: $50,000.00 - $60,000.00 per year
Benefits:
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Schedule:
- 8 hour shift
- Monday to Friday
Salary : $50,000 - $60,000