What are the responsibilities and job description for the Senior Mortgage Loan Underwriter position at Texana Bank?
About Texana Bank, N.A.
Texana Bank first opened its doors in 1914 in Linden, Texas. In the past century, banks in our region have come and gone, but Texana is different. At Texana, we believe in growing for the right reasons — to better serve you.
Texana now boasts four full service branches throughout East Texas, in addition to two branches in Arkansas. We also have several mortgage offices to serve you. We’ re bringing honesty back to banking. Our staff has the tools and knowledge to help you achieve your goals faster. At Texana, we call you by name, and we’ re personally invested in your success. We’ re not going anywhere.
JOB SUMMARY: A Senior Mortgage Underwriter is responsible for evaluating the eligibility of an applicant for loan application processing. Senior Underwriters verify the applicant's information, including their credit score and other valid documents, ensuring that the applicant fulfills the loan application's parameters. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with other senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending. You may also be required to respond directly to individual and investor audits.
Essential Functions
Texana Bank Mortgage
1680 Keller Pkwy
Keller, TX 76248
Texana Bank first opened its doors in 1914 in Linden, Texas. In the past century, banks in our region have come and gone, but Texana is different. At Texana, we believe in growing for the right reasons — to better serve you.
Texana now boasts four full service branches throughout East Texas, in addition to two branches in Arkansas. We also have several mortgage offices to serve you. We’ re bringing honesty back to banking. Our staff has the tools and knowledge to help you achieve your goals faster. At Texana, we call you by name, and we’ re personally invested in your success. We’ re not going anywhere.
JOB SUMMARY: A Senior Mortgage Underwriter is responsible for evaluating the eligibility of an applicant for loan application processing. Senior Underwriters verify the applicant's information, including their credit score and other valid documents, ensuring that the applicant fulfills the loan application's parameters. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with other senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending. You may also be required to respond directly to individual and investor audits.
Essential Functions
- Adherence to mortgage product guidelines
- Achieve and maintain highest level of regulatory compliance in conjunction with minimal loan defect rates while meeting and exceeding production metrics
- Develop, implement, and drive quality standards consistent with company policies and investor guidelines
- Manage pipeline and report project timelines and results
- Foster positive attitudes and professionalism by focusing on resolution-based approach to problem solving and identifying best practices, process improvements and mortgage loan system efficiencies
- Review, analyze, and determine mortgage loan compliance with Fannie Mae, Freddie Mac, FHA, VA, and Rural Development guidelines
- Ensure accuracy of all loan documentation
- Clearly communicate decisions and the justification behind those decisions to the appropriate parties
- 5 years of Residential Mortgage Underwriting.
- Conventional Agency experience required. Non-Conforming, Jumbo, FHA, VA, Bond Program experience preferred.
- Experience with customer service, decision making, and analyzing information.
- Excellent organizational, written and telephone communication skills.
- Deep understanding of pipeline management and system supported workflows is required.
- Must have a strong understanding of multiple investor guidelines and regulatory compliance
Texana Bank Mortgage
1680 Keller Pkwy
Keller, TX 76248