What are the responsibilities and job description for the Mortgage Underwriter position at Tioga State Bank?
Veterans/Disability
US work authorization is required
This is an in-office position, not hybrid or remote
To apply, go to Tiogabank.com/Careers and complete the online application.
MUST HAVE experience underwriting mortgages.
Responsible for analyzing mortgage loan applications and utilizing lending authority to make credit decisions. Coordinates the loan process for assigned files to ensure all necessary steps are completed properly for closings. Provides guidance to Mortgage Originators regarding mortgage lending.
- Maintains extensive knowledge of all aspects of conforming and non-conforming residential mortgage lending, including programs sponsored by US Department of HUD, Rural Development Agency, VA, FannieMae and FreddieMac.
- Packages, sells and services secondary market residential mortgages.
- Maintains an accurate awareness of the credit quality of the portfolio(s) and the inherent credit risk.
- Coordinates the loan process for assigned files to ensure all necessary steps are completed properly for closings. Includes directing property appraisals, coordinating necessary documents with attorney and/or title insurance company.
- Analyzes application packages and makes recommendations for approval or rejection of loans within the Bank’s lending policy for consumer credit including credit card, ready credit, installment loans, time notes, small business lending and real estate secured loans including Home Equity Line of Credits.
- Utilizes assigned lending authority and works with Chief Credit Officer for credits over approval limit.
- Oversees the process to keep in contact with loan customers throughout the entire loan process, providing updates to ensure customer service.
- Informs Mortgage Loan Originator of credit decisions with tact and sensitivity. Provides other options if unable to grant requested credit amount and or/product.
- Provides guidance, training and assistance with new procedures and processes to the Loan Operations staff.
- Provides guidance and training for mortgage and consumer lending for all loan officers.
- Serves as an expert in the Bank’s Private Mortgage Insurance (PMI)
- 3 years of experience as a Mortgage Underwriter
'Work Remotely No
Job Type: Full-time
Pay: $30.00 - $36.45 per hour
Benefits:
- 401(k)
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
Work Location: In person
Salary : $30 - $36