Hanover Bank
Residential Loan Underwriter I
Join to apply for the
Residential Loan Underwriter I
role at
Hanover Bank .
About Us Hanover Bank – When you love your work and the people you work with, careers are made! We embrace diversity, value inclusion, and show respect to build a stronger team. Our mission is to deliver exceptional service to clients, positively impact our communities, and help team members achieve professional growth.
Description Location: Garden City Park, NY
Job Summary Hanover Bank is looking for a full‑time Residential Underwriter to join our team. The Residential Underwriter is responsible for the evaluation and approval of residential mortgage loan applications in accordance with Bank credit policies, investor guidelines, and regulatory requirements. This position supports both conforming and non‑conforming loan products, including non‑QM, investment property, and owner‑occupied programs. The incumbent ensures that all loan files are complete, accurate, and meet established underwriting and documentation standards.
Essential Job Duties And Responsibilities
Support non‑conforming and conforming loan products with standard loan package requirements.
Be cognizant of Bank Credit Policy and investors' requirements related to all residential loan products.
Ensure each loan file fully conforms to the bank's underwriting and document requirements prior to approval.
Maintain knowledge of Non‑QM investment properties and owner‑occupied loan programs.
Ensure compliance with all regulations, policies, and procedures.
Maintain required daily job assignments.
Review and analyze mortgage applications.
Answer inquiries and questions from processors and loan officers; assist team members when necessary.
Examine loan transactions and documents to ensure accuracy and completeness within compliance requirements.
Maintain consistent turnaround time with new and resubmitted loan submissions to meet scheduled closing dates.
Analyze title and appraisal reports for residential properties (one to four family, condo, PUD, and co‑op) to identify zoning classification, building structure, violations, and property type, ensuring health, safety, and structural integrity.
Education and Experience
Bachelor’s degree preferred but not required.
At least 2 years of residential mortgage underwriting experience.
Knowledge of Loan Origination Software preferred.
Skills and Abilities
Capable of working in a fast‑paced environment.
Ability to manage multiple tasks.
Strong verbal and written communication skills.
Benefits
Health & Wellness Benefits
Medical, Dental, and Vision insurance (with HSA, FSA, and Commuter Benefits options)
Company‑paid Life Insurance and AD&D
Company‑paid Long‑Term Disability Insurance
Voluntary Benefits
Additional Life and AD&D Insurance for employee, spouse, and dependents
Voluntary Short‑Term Disability Insurance
Pet Insurance
Legal Services Plan
Accident Insurance
Hospital Indemnity Insurance
Cancer Care Insurance
Retirement
401(k) Plan with Company Match
Time Off & Recognition
Paid Personal Time Off (PTO)
Paid Company Holidays
Annual Performance Bonuses
Annual Salary Increases
Employee Engagement
Company‑sponsored Events
Employee Contests and Recognition Programs
Hourly Wage: $36.00 - $44.00
Hanover Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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Residential Loan Underwriter I
role at
Hanover Bank .
About Us Hanover Bank – When you love your work and the people you work with, careers are made! We embrace diversity, value inclusion, and show respect to build a stronger team. Our mission is to deliver exceptional service to clients, positively impact our communities, and help team members achieve professional growth.
Description Location: Garden City Park, NY
Job Summary Hanover Bank is looking for a full‑time Residential Underwriter to join our team. The Residential Underwriter is responsible for the evaluation and approval of residential mortgage loan applications in accordance with Bank credit policies, investor guidelines, and regulatory requirements. This position supports both conforming and non‑conforming loan products, including non‑QM, investment property, and owner‑occupied programs. The incumbent ensures that all loan files are complete, accurate, and meet established underwriting and documentation standards.
Essential Job Duties And Responsibilities
Support non‑conforming and conforming loan products with standard loan package requirements.
Be cognizant of Bank Credit Policy and investors' requirements related to all residential loan products.
Ensure each loan file fully conforms to the bank's underwriting and document requirements prior to approval.
Maintain knowledge of Non‑QM investment properties and owner‑occupied loan programs.
Ensure compliance with all regulations, policies, and procedures.
Maintain required daily job assignments.
Review and analyze mortgage applications.
Answer inquiries and questions from processors and loan officers; assist team members when necessary.
Examine loan transactions and documents to ensure accuracy and completeness within compliance requirements.
Maintain consistent turnaround time with new and resubmitted loan submissions to meet scheduled closing dates.
Analyze title and appraisal reports for residential properties (one to four family, condo, PUD, and co‑op) to identify zoning classification, building structure, violations, and property type, ensuring health, safety, and structural integrity.
Education and Experience
Bachelor’s degree preferred but not required.
At least 2 years of residential mortgage underwriting experience.
Knowledge of Loan Origination Software preferred.
Skills and Abilities
Capable of working in a fast‑paced environment.
Ability to manage multiple tasks.
Strong verbal and written communication skills.
Benefits
Health & Wellness Benefits
Medical, Dental, and Vision insurance (with HSA, FSA, and Commuter Benefits options)
Company‑paid Life Insurance and AD&D
Company‑paid Long‑Term Disability Insurance
Voluntary Benefits
Additional Life and AD&D Insurance for employee, spouse, and dependents
Voluntary Short‑Term Disability Insurance
Pet Insurance
Legal Services Plan
Accident Insurance
Hospital Indemnity Insurance
Cancer Care Insurance
Retirement
401(k) Plan with Company Match
Time Off & Recognition
Paid Personal Time Off (PTO)
Paid Company Holidays
Annual Performance Bonuses
Annual Salary Increases
Employee Engagement
Company‑sponsored Events
Employee Contests and Recognition Programs
Hourly Wage: $36.00 - $44.00
Hanover Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or protected veteran status.
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