Western Alliance Bank logo
Western Alliance Bank

Western Alliance Bank, founded in 1994, is a prominent banking institution with more than $80 billion in assets, recognized as a top U.S. bank in 2024 by Americ

Underwriter I

Location

United States

Posted

3 days ago

Salary

$31 / hour

Seniority

Mid Level

Job Description

Underwriter I

Western Alliance Bank

Role Description As a Mortgage Underwriter I you'll perform a limited review of: - Conventional (Conforming, Conforming-High Balance and Non-Conforming Jumbo) - Non-Agency - Government (FHA, VA, and USDA) loans You'll be accountable for: - Reviewing and clearing underwriting conditions on Conventional and Government loans in compliance with current guidelines and overlays. - Managing individual pipeline on a daily basis by completing sufficient underwriting reviews, appraisal reviews, flip reviews, and conditions. - Identifying any document deficiencies, adding applicable conditions, and requesting additional information and/or documentation from clients as needed. - Contacting clients to provide updates and clarification on outstanding conditions and deficiencies identified on loans per established process. - Assisting others in the department in interpreting underwriting guidelines and updating underwriting status and conditions to customers. - Performing independent research of guidelines and overlays while reviewing loans. Qualifications - 3+ years of related experience in Mortgage Industry, Residential Mortgage Loan underwriting or similar field. - High school diploma required. - Intermediate knowledge of residential mortgage industry in Correspondent or Retail Lending; including sales, operations and/or other residential mortgage products and services. - Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices. - Entry level to intermediate knowledge of FNMA, FHLMC, FHA, VA and USDA Guidelines. - Entry level to intermediate knowledge of MS Office products. - Entry level to intermediate knowledge of Encompass. - Intermediate speaking and writing communication skills. Benefits - Competitive salaries - Ownership stake in the company - Medical and dental insurance - Time off - Great 401k matching program - Tuition assistance program - Employee volunteer program - Wellness program - Opportunity to bolster business knowledge and gain invaluable hands-on experience. Company Description AmeriHome Mortgage is a Western Alliance Bank company. Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands: - Alliance Association Bank - Alliance Bank of Arizona - Bank of Nevada - Bridge Bank - First Independent Bank - Torrey Pines Bank Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities.

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