Mortgage Underwriter

Team Members are at the core of who we are; living our core values of making a difference, doing the right thing, making it easy, being caring, being friendly, nice, and respectful, and taking ownership. Perhaps Royal is the change you’re looking for. Royal Credit Union is looking for caring, energetic team members who want to create a positive impact in the lives of our Members.

Is this you? If so, let us know by submitting an application!

Are you analytical, detail-oriented, and passionate about delivering high-quality mortgage solutions? Become a Mortgage Underwriter at Royal Credit Union role, you’ll evaluate and analyze mortgage loan requests, collaborate with lending teams, and help Members achieve their financial goals while ensuring compliance and mitigating risk.

Why Royal?

• Member and Community Focused: We are dedicated to making a positive impact on our Members and the communities we serve, going beyond financial services to enrich lives and foster growth.
• Supportive Environment: Join a collaborative, values-driven workplace that is always evolving. We support each other and work together to achieve our goals.
• Professional Growth: We offer numerous opportunities for training and advancement, helping you continuously develop and advance your skills.
• Empowerment: We empower our team members to make decisions and drive initiatives that help our Members achieve their financial goals. Your ideas and contributions are valued and encouraged.
• Community Involvement: Engage with your local community through various initiatives and events, making a tangible difference where you live and work. Be part of something bigger.

What You’ll Do:
The Mortgage Underwriter is responsible for evaluating and analyzing mortgage loan requests for all HELOCs, Conventional mortgage products, and Portfolio mortgage products to ensure they meet all investor guidelines, regulatory requirements, and company policies. Will approve or deny applications according to the terms of Royal Credit Union's standards, procedures, regulatory underwriting guidelines, and secondary market requirements while meeting the commitment of delivering high-quality loans that satisfy our Member's financial needs while mitigating risk.

Our Commitment To You:

• Compensation:
• WI range: $30.75-35.35 per hour
• MN range: $35.05-40.30 per hour

(candidates with significant related experience may be higher. Pay also depends on candidates location)

• Benefits: Royal is proud to take care of our team members and their families! In addition to our comprehensive medical, dental, and vision insurance plans, Royal offers a 5% 401k employer match, paid family and sick leave, vacation and sick time accruals, childcare reimbursement, tuition and student loan debt assistance, pet insurance, and much more!

What’s Needed For This Position:

• High School Diploma or Equivalent
• Three (3) years of mortgage-related experience, including mortgage processing

Knowledge, Skills and Competencies:

• Underwriting & Compliance: Working knowledge of loan origination systems, secondary market underwriting standards, and state/federal mortgage lending regulations.
• Analytical & Decision-Making: Strong analytical skills to assess risk, review financial statements, credit reports, tax returns, and appraisals, and make sound lending decisions.
• Communication & Collaboration: Excellent written and verbal communication skills; able to present information, respond to questions, and collaborate with loan processors, officers, and stakeholders.
• Organization & Multitasking: Highly organized, attentive to detail, able to prioritize and multitask in a high-volume, deadline-driven environment.
• Confidentiality & Professionalism: Maintains a high level of confidentiality and composure in high-stress situations; able to lead or contribute to process improvement initiatives.

We’d Love To See:

• Previous Mortgage underwriting experience

Work Schedule and Office Location:

• Hours will generally be Monday through Friday, 8:00am – 5:00pm with occasional evening and weekend hours, as needed.
• This position is part of Royal's workplace flexibility program and has the ability to be remote after 4-6 months of training and proficiency in the position.
• When not working remote, the office location is flexible at either the Operations Office in Eau Claire, WI, or at our Arden Hills, MN office based on office availability and candidate preference.

Training:

• Prior to starting a normal work schedule, new Royal team members must attend Foundation Training at our Corporate Center in Eau Claire, WI from 9:00am - 4:30pm on Monday and Tuesday during their first week of employment. Out of town learners will be reimbursed costs related to travel and lodging.
• Foundation Training covers fundamental information about Royal’s culture and core values which sets the stage for team members to be successful within our organization.

Ready to make a positive impact? APPLY NOW if you are ready to take on this exciting challenge to contribute to our mission and become a part of the Royal Credit Union family!

We will be communicating with you by email and/or text on the status of your application. Please monitor your email inbox and junk folder for status updates and additional instructions.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, protected veteran status or status as an individual with disability.

Salary : $31 - $35