Centennial Bank
The Mortgage Loan Underwriter II is responsible for the underwriting function for residential mortgage loans and related products. This position has delegated decision‑making authority on originated applications within HBI, investor, or agency guidelines or parameters, and is responsible for monitoring regulatory compliance on all applications. The Underwriter helps improve customer service by underwriting all loans in a timely manner.
ESSENTIAL DUTIES AND RESPONSIBILITIES
Underwrite Conventional, FHA, VA, and Rural Development loans; analyze borrowers’ credit to determine if the borrower has the capacity and willingness to repay the loan.
Underwrite mortgage loan applications and evaluate loans to maximize organizational profit while minimizing risk or loss.
Thoroughly examine appraisals to ascertain that the subject property of the loan is adequate security.
Confirm that all documents in the underwriting package are in compliance and that all facets of the loan meet application program guidelines for various investors and government programs.
Provide a second review of another HBI underwriter’s denial of a loan application.
Communicate with loan officers/originators and processors regarding current turn times for underwriting and any needed items.
Serve as a resource to resolve problems with mortgage loan files.
Demonstrate a team‑player personality that delivers good customer service while protecting the bank with prudent underwriting decisions.
Refer customers to other bank personnel as needed.
Perform daily duties on all bank systems and mortgage operating systems such as DU, DO, LP, Encompass, and Doc Magic.
Identify training needs for loan officers/originators and processors.
Identify cross‑selling opportunities.
Complete required BSA/AML training and other compliance training as assigned (annually).
Maintain a constant state of alertness and work safely.
Perform any other related duties as required or assigned.
QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The following requirements represent the knowledge, skill, and/or ability required.
EDUCATION AND EXPERIENCE Broad knowledge of accounting, marketing, business administration, finance, etc. Equivalent to a four‑year college degree, plus five years related experience and/or training, and three years related management experience; or an equivalent combination of education and experience.
COMMUNICATION SKILLS Ability to write reports, business correspondence, and policy/procedure manuals; to effectively present information and respond to questions from managers, clients, customers, and the general public.
MATHEMATICAL SKILLS Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume; ability to apply concepts such as fractions, ratios, and proportions to practical situations.
CRITICAL THINKING SKILLS Ability to define problems, collect data, establish facts, and draw valid conclusions; ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS Investor delegated authority, FHA Direct Endorsement.
PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS Investor Delegated Authority, FHA Direct Endorsement, Veterans Administration (LAPP) approval.
SOFTWARE SKILLS REQUIRED Advanced: 10‑Key, Alphanumeric Data Entry, Word Processing/Typing.
Intermediate: Accounting.
Basic: Contact Management, Database, Presentation/PowerPoint, Spreadsheet.
WORKING CONDITIONS Periodically exposed to noise, intermittent standing, walking, occasionally pushing, carrying, or lifting; none to the extent of being disagreeable.
ENVIRONMENTAL CONDITIONS Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
PHYSICAL ACTIVITIES Highly repetitive, low‑physical. Requires concentration for consistent time cycles. Employee is required to sit, talk, or hear; stand, walk, use hands to finger, handle, or feel; reach with hands and arms; occasionally stoop, kneel, crouch, or crawl. Must occasionally lift and/or move up to 10 pounds. Specific vision abilities required include close vision.
ADDITIONAL INFORMATION
In‑depth knowledge of FNMA, FHLMC, FHA, and secondary market standards regarding credit and property guidelines.
Knowledgeable in the underwriting of VA and Rural Development loans.
Extensive knowledge of all laws and regulations pertaining to mortgage lending.
Bachelor’s degree and 2–5 years experience or equivalent 6–10 years experience in mortgage lending.
Ability to read and understand financial statements, tax returns, property appraisals, and title work.
Good communication skills, ability to multi‑task, and good organization skills.
Ability to communicate orally and in writing clearly and concisely.
Ability to prioritize time and files so that closing deadlines can be met.
Experience with Encompass Anywhere preferred.
1+ year experience using personal computers.
Experience using Microsoft Office Products.
Proficient telephone and customer service skills.
Ability to sit for long periods.
Be able to lift 20 lbs.
Ability to multi‑task well.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Finance and Sales
Industries Banking
#J-18808-Ljbffr
ESSENTIAL DUTIES AND RESPONSIBILITIES
Underwrite Conventional, FHA, VA, and Rural Development loans; analyze borrowers’ credit to determine if the borrower has the capacity and willingness to repay the loan.
Underwrite mortgage loan applications and evaluate loans to maximize organizational profit while minimizing risk or loss.
Thoroughly examine appraisals to ascertain that the subject property of the loan is adequate security.
Confirm that all documents in the underwriting package are in compliance and that all facets of the loan meet application program guidelines for various investors and government programs.
Provide a second review of another HBI underwriter’s denial of a loan application.
Communicate with loan officers/originators and processors regarding current turn times for underwriting and any needed items.
Serve as a resource to resolve problems with mortgage loan files.
Demonstrate a team‑player personality that delivers good customer service while protecting the bank with prudent underwriting decisions.
Refer customers to other bank personnel as needed.
Perform daily duties on all bank systems and mortgage operating systems such as DU, DO, LP, Encompass, and Doc Magic.
Identify training needs for loan officers/originators and processors.
Identify cross‑selling opportunities.
Complete required BSA/AML training and other compliance training as assigned (annually).
Maintain a constant state of alertness and work safely.
Perform any other related duties as required or assigned.
QUALIFICATIONS To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The following requirements represent the knowledge, skill, and/or ability required.
EDUCATION AND EXPERIENCE Broad knowledge of accounting, marketing, business administration, finance, etc. Equivalent to a four‑year college degree, plus five years related experience and/or training, and three years related management experience; or an equivalent combination of education and experience.
COMMUNICATION SKILLS Ability to write reports, business correspondence, and policy/procedure manuals; to effectively present information and respond to questions from managers, clients, customers, and the general public.
MATHEMATICAL SKILLS Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume; ability to apply concepts such as fractions, ratios, and proportions to practical situations.
CRITICAL THINKING SKILLS Ability to define problems, collect data, establish facts, and draw valid conclusions; ability to interpret an extensive variety of technical instructions in mathematical or diagram form and deal with several abstract and concrete variables.
REQUIRED CERTIFICATES, LICENSES, REGISTRATIONS Investor delegated authority, FHA Direct Endorsement.
PREFERRED CERTIFICATES, LICENSES, REGISTRATIONS Investor Delegated Authority, FHA Direct Endorsement, Veterans Administration (LAPP) approval.
SOFTWARE SKILLS REQUIRED Advanced: 10‑Key, Alphanumeric Data Entry, Word Processing/Typing.
Intermediate: Accounting.
Basic: Contact Management, Database, Presentation/PowerPoint, Spreadsheet.
WORKING CONDITIONS Periodically exposed to noise, intermittent standing, walking, occasionally pushing, carrying, or lifting; none to the extent of being disagreeable.
ENVIRONMENTAL CONDITIONS Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
PHYSICAL ACTIVITIES Highly repetitive, low‑physical. Requires concentration for consistent time cycles. Employee is required to sit, talk, or hear; stand, walk, use hands to finger, handle, or feel; reach with hands and arms; occasionally stoop, kneel, crouch, or crawl. Must occasionally lift and/or move up to 10 pounds. Specific vision abilities required include close vision.
ADDITIONAL INFORMATION
In‑depth knowledge of FNMA, FHLMC, FHA, and secondary market standards regarding credit and property guidelines.
Knowledgeable in the underwriting of VA and Rural Development loans.
Extensive knowledge of all laws and regulations pertaining to mortgage lending.
Bachelor’s degree and 2–5 years experience or equivalent 6–10 years experience in mortgage lending.
Ability to read and understand financial statements, tax returns, property appraisals, and title work.
Good communication skills, ability to multi‑task, and good organization skills.
Ability to communicate orally and in writing clearly and concisely.
Ability to prioritize time and files so that closing deadlines can be met.
Experience with Encompass Anywhere preferred.
1+ year experience using personal computers.
Experience using Microsoft Office Products.
Proficient telephone and customer service skills.
Ability to sit for long periods.
Be able to lift 20 lbs.
Ability to multi‑task well.
Seniority level Mid‑Senior level
Employment type Full‑time
Job function Finance and Sales
Industries Banking
#J-18808-Ljbffr