M2

Role Description The Senior Mortgage Loan Underwriter is responsible for performing initial underwriting analysis of 1-4 family mortgage and HELOCs to M2 standards and regulatory guidelines. This role serves as a senior member of the loan underwriting team and will assist with mentoring and training other loan underwriters. - Analyzes information to determine risk involved in lending money for mortgage loans, income, assets, credit, and any supporting documentation to ensure sufficient to loan standards, including FNMA/FHLMC and non-agency guidelines. - Uses 7-10 years of experience in making the initial credit decision to approve, deny, or suspend more complex loans in compliance with Regulation B and maintain Regulation B report and compliance data. - Provides support to Underwriters, including review of PTC conditions, appraisals, copying, and submission of loan files to MI and investors. - Reviews all borrower and non-borrower conditions to determine that they satisfy the requirements to issue a clear-to-close. - Responds to inquiries from others to clarify requirements and resolve issues. - Mentors less experienced coworkers. - Interfaces with MLOs, LPAs, Processors, and Closers to address PTC and PTF condition issues and assist those parties to clear the loan for closing. - Runs and analyzes AUS, CU, Early check, and GUS as directed. - Complies with all applicable banking laws and regulations, including, but not limited to the Bank Secrecy Act, USA Patriot Act, and related anti-money laundering statutes, and federal consumer protection legislation and regulations. - Other duties as required. Qualifications - 7-10 years mortgage loan experience is required. - DE and LAPP credentials preferred. - Experience with lending laws, regulations, and guidelines is required. - Proficiency in MS Office [Outlook, Excel, Word] or similar software is required. - Proficiency working in lending systems including Encompass, Cleartouch, OnBase, various government and investor software/web portals is preferred. - Credit reporting sites, USPS address verification search, personal and business name search websites are preferred. - High School Diploma or equivalent is required; Bachelor’s degree is preferred. Requirements - Process Oriented - Quality Focused - Resourcefulness - Communication - Accountability - Relations with Others - Service Orientation Benefits - This position is performed in a remote setting, five days a week with typical work hours being 8:30 AM through 5:15 PM. - This position may be eligible for hybrid work. Physical Environment - While performing the duties of this job, the employee is regularly required to lift, walk, stand, sit, bend, reach with hands and arms, climb, push/pull, use hands, and see, hear, and speak. - The employee must occasionally lift and/or move up to 25 pounds. - The noise level in the work environment is usually quiet to moderate.