About the Organization
First Community Mortgage is growing and we invite you to talk with us about joining our team. We offer competitive salaries and benefits, plus the opportunity to grow within our organization. You will work with some of the best "humans" in the mortgage business or any business for that matter!
What makes First Community Mortgage unique? It isn't necessarily the growth or success in the industry alone, but rather the human resources it attracts, loves and supports. At FCM, we believe our company culture and values are our greatest strengths! The tone is set at the top with all employees embracing throughout. We encourage team members to strive for a strong work-family-spiritual balance because this speaks to the very essence of what makes FCM tick. Career satisfaction, professional development and a culture that allows you to be yourself. FCM strives daily to be the Employer of Choice!
If you are a Loan Originator FCM is the perfect place for you to thrive. Our experienced support staff and advanced technology help streamline the mortgage process, so you have more time to work with more clients. Our emphasis on work-life balance helps ensure you have time for the humans in your life that matters most!
If you want a career that is fun and regarding that values a work/life balance then come and be a part of our team!
Description

Summary
The main goal of the Underwriter is to work as the dedicated credit approver between the Business Partner, Sales Team and the Wholesale Operations Team throughout the entire loan process. The Underwriter will OWN the credit approval experience and be responsible for having intimate knowledge of each file in their respective pipelines.
Role and Responsibilities

• Review, examine and underwrite loans to ensure soundness, business value and compliance with FCM and investor standards.
• Assess loan attributes and documentation for soundness and accuracy.
• Review, evaluate and synthesize data to ascertain loan viability and identify risk issues and potential fraud.
• Evaluate debt ratio, loan-to-value ratios, credit score, property valuation and various other factors.
• Determine and document loan conditions and communicate requirements and/or decisions.
• Assist in identifying, recommending and/or negotiating alternative loan requirements, funding and/or loan-structuring solutions.
• Provide input on new and/or existing Underwriting processes, procedures and/or approaches.
• Independently conducting full and comprehensive evaluations of a variety of complex, high-risk Mortgage-Loan applications.
• Apply specialized knowledge to the interpretation of loan and Underwriting criteria and the determination of Underwriting decisions and final courses- of-action.
• Identify and recommend alternatives regarding loan-structuring and -financing solutions.
• Review and analyze special conditions, loan deficiencies and exception-requests to determine appropriate courses-of-action.
• Assess Underwriting-program effectiveness and, as appropriate, making recommendations for improvement.
• Coach field personnel and Brokers on technical Underwriting issues, problems and/or questions.
• Regularly exercise discretion and independent judgment in addressing critical business-matters that have a significant financial impact on First Community Mortgage.
• Other duties as assigned.

Position Requirements

Education and/or Experience:
High School Diploma/GED; 5 plus years mortgage experience with 3 years as an Underwriter with DE and VA SAR designation required. Thorough understanding of underwriting policies and procedures, as well as investor guidelines and regulatory updates including knowledge of FHA, VA, FNMA, and FMLMC guidelines and standards. Familiar with LP and DU underwriting. Must have proven analytical and decision-making skills. Must possess a positive attitude and be flexible in an environment that is moving forward. Must be a team player and be willing to constructively contribute to the department. Must be trustworthy and have strong work ethic.
Skills:

• Ability to effectively articulate information and respond to questions from customers, vendors and mortgage related issues.
• Proficient use of Microsoft Office, Excel, Word, and Outlook.
• Must be able to calculate interests, commissions, percentages, and discounts.
• Prefer experience with Encompass or must learn.
• Must possess sense of urgency to restrictive time frames and deadlines.
• Must be professional at all times with dress and actions.

Physical Demands:

• Must be able to sit or stand for extended periods of time such as meetings, driving, sales rallies, etc.
• Must be able to talk and hear, frequent use of hands and arms to reach and occasionally lift or move up to 25 pounds.
• Specific vision requires close distances, color, and ability to focus.
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Comments:
This job description is an outline of the major recurring responsibilities of the job. It is not intended to be all-inclusive of the work to be performed. Other related job objectives, special assignments and less significant responsibilities may be required of the incumbent to perform.
Location
FCM - 262 Robert Rose
Full-Time/Part-Time
Full-Time
EOE Statement
We are an equal employment opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, national origin, disability status, protected veteran status or any other characteristic protected by law.
This position is currently accepting applications.