MORTGAGE RESIDENTIAL DE FHA UNDERWRITER
Bristol County Savings Bank, Taunton, MA, United States
Mortgage Processing Specialist
Under the general supervision of the Sr. Residential Lending Officer. Prepares loan files for underwriting to ensure it meets the standards set by FHA, FNMA, FHLMC, RI and MA Housing programs. Supports, and adheres to, the Bank's regulatory compliance objectives. Primary responsibilities include: Evaluating borrower financial records, including credit history, income, tax returns, and debt-to-income (DTI) ratios to determine credit worthiness. Analyzing property appraisals to confirm property value and condition meet FHA safety and security requirements. Ensuring all loan packages strictly adhere to FHA/HUD guidelines, Fannie Mae, Freddie Mac as well as state and federal lending regulations. Ability to manage multiple applications at a time. Answering inquiries and questions from borrowers, processors, and mortgage originators. Making credit decisions within limits of authority. Assisting the secondary market desk to research and complete missing items. Responding to secondary market audits. Communicating FHA and Secondary Market updates and changes through training materials and scheduled sessions. Assisting in the preparation for External/Internal Audits and regulatory examinations. Performing all duties in accordance with prescribed regulatory compliance guidelines. Maintaining an acceptable registration with the National Mortgage Licensing System (NMLS), as well as, the unique identifier assigned by the NMLS. Other responsibilities include: Performs related and unrelated duties as may be required. Position requirements include: Bachelor's degree or its equivalent, plus specialized course work and training. Five plus year's mortgage banking, bilingual preferred. Must be detail oriented and demonstrate strong customer service and communications skills. Good analytical skills. Must be able to use various types of office equipment, including computer terminal. Qualifications include: Direct Endorsement (DE) Certification required. 3-5 Years of mortgage underwriting experience with specific focus on FHA and conventional products. Full-time benefits include: 401(k) Employee Pension Paid Time Off (PTO) Parental Leave Tuition Reimbursement Medical, Dental, Vision Critical Illness Insurance Disability insurance including LIFE, Long-term disability Employee Assistance Program Flexible Spending Account Dependent Care Account Health Savings Account EEO Statement: Bristol County Savings Bank is an Equal Opportunity Employer and is committed to a diverse workforce. The Bank considers applicants for employment without regard to race, color, sex, sexual orientation, national origin, age, genetic information, veteran status, disability or membership in any other protected class as defined by law.
Under the general supervision of the Sr. Residential Lending Officer. Prepares loan files for underwriting to ensure it meets the standards set by FHA, FNMA, FHLMC, RI and MA Housing programs. Supports, and adheres to, the Bank's regulatory compliance objectives. Primary responsibilities include: Evaluating borrower financial records, including credit history, income, tax returns, and debt-to-income (DTI) ratios to determine credit worthiness. Analyzing property appraisals to confirm property value and condition meet FHA safety and security requirements. Ensuring all loan packages strictly adhere to FHA/HUD guidelines, Fannie Mae, Freddie Mac as well as state and federal lending regulations. Ability to manage multiple applications at a time. Answering inquiries and questions from borrowers, processors, and mortgage originators. Making credit decisions within limits of authority. Assisting the secondary market desk to research and complete missing items. Responding to secondary market audits. Communicating FHA and Secondary Market updates and changes through training materials and scheduled sessions. Assisting in the preparation for External/Internal Audits and regulatory examinations. Performing all duties in accordance with prescribed regulatory compliance guidelines. Maintaining an acceptable registration with the National Mortgage Licensing System (NMLS), as well as, the unique identifier assigned by the NMLS. Other responsibilities include: Performs related and unrelated duties as may be required. Position requirements include: Bachelor's degree or its equivalent, plus specialized course work and training. Five plus year's mortgage banking, bilingual preferred. Must be detail oriented and demonstrate strong customer service and communications skills. Good analytical skills. Must be able to use various types of office equipment, including computer terminal. Qualifications include: Direct Endorsement (DE) Certification required. 3-5 Years of mortgage underwriting experience with specific focus on FHA and conventional products. Full-time benefits include: 401(k) Employee Pension Paid Time Off (PTO) Parental Leave Tuition Reimbursement Medical, Dental, Vision Critical Illness Insurance Disability insurance including LIFE, Long-term disability Employee Assistance Program Flexible Spending Account Dependent Care Account Health Savings Account EEO Statement: Bristol County Savings Bank is an Equal Opportunity Employer and is committed to a diverse workforce. The Bank considers applicants for employment without regard to race, color, sex, sexual orientation, national origin, age, genetic information, veteran status, disability or membership in any other protected class as defined by law.