• Review and underwrite closed loan packages submitted by approved correspondent lenders for compliance with FNMA and internal guidelines. • Validate income, assets, credit and collateral documentation to determine loan eligibility. • Evaluate full closed loan packages for completeness and consistency, including final 1003, title policy, CD, and collateral documents. • Review title and appraisal reports for acceptability and compliance with agency standards. • Identify documentation discrepancies and request appropriate cures from sellers. • Sign off loan conditions and prepare loan for purchase or suspense notification. • Communicate clearly, timely and professionally with correspondent sellers regarding loan decisions, suspense conditions, and documentation needs. • Collaborate with secondary market, closing, and post-purchase teams to ensure smooth loan flow and timely purchase. • Provide guidance to correspondents on investor guidelines and underwriting best practices when appropriate. • Maintain up-to-date knowledge of agency and investor guidelines, credit policy updates, and regulatory changes. • Assist in identifying patterns in loan defects or seller errors and recommend training or process improvements. • Uphold compliance with fair lending, privacy, and anti-fraud regulations. • Supports and fulfills Management requests related to audit preparation, sale preparation, HMDA reporting and more. • Actively works with management and staff seeking process improvements to automate and/or streamline operations and maintain adequate controls. • Promotes and maintains a positive work atmosphere by communicating in a manner consistent with professional standards to work effectively with members, co-workers, management, partners and vendors. • Keeps abreast of industry developments including but not limited to changes in regulations and technology. • Ensures adherence to company policies and procedures and Banking/Credit Union Regulations. • Performs additional duties as required.

• Evaluates and makes decisions on complex residential and consumer loan applications, applying expert knowledge of portfolio and investor guidelines, internal policies, and regulatory requirements. • Exercises advanced credit judgment to balance risk management with sound lending decisions while providing support to internal team members throughout the loan process. • Serve as a resource for junior underwriters and lending staff by providing mentorship, training, and second-level reviews as needed. • Review and underwrite mortgage and consumer loan applications, including complex transactions, within delegated authority and analyze credit, income, assets, appraisals, title work, and supporting documentation to determine loan eligibility. • Ensure compliance with internal lending policies, investor and Government-Sponsored Enterprise (GSE) guidelines, applicable federal and state regulations, bank policies, and Bank Secrecy Act (BSA) requirements; including verifying transactions and account balances, and all related consumer regulatory requirements. • Issue loan approvals, suspensions, or denials with clear supporting conditions or reasons. • Maintain current knowledge of underwriting guidelines, regulatory requirements, and industry trends to support sound lending decisions and risk management. • Collaborate with loan officers, processors, and other team members to resolve underwriting issues and ensure timely loan decisions and maintain accurate, complete, and audit-ready loan documentation. • Respond to internal and external audits and quality control reviews by providing required documentation and information. • Support continuous improvement of underwriting processes by identifying opportunities to enhance efficiency and effectiveness. • Promote a strong risk and compliance culture by following policies, identifying potential issues, and supporting consistent risk mitigation practices. • Stay current on Bank products, services, policies, procedures, and regulatory requirements through ongoing training and application in daily work.

Role Description The Mortgage Underwriter for 5-10 unit properties is responsible for evaluating mortgage loan applications for multi-unit residential properties (typically considered commercial properties) ranging from 5 to 10 units. They assess risk, ensure compliance with lending guidelines and regulations, and make informed decisions on loan approvals or denials. This role requires a strong understanding of both residential and commercial real estate underwriting principles, with a specific focus on the unique characteristics of 5-10 unit properties. - Review and analyze mortgage loan applications and supporting documentation (e.g., credit reports, financial statements, income verification, property appraisals) for 5-10 unit properties. - Assess borrower creditworthiness, financial capacity, and ability to repay the loan, considering the specific financial dynamics of multi-unit properties. - Evaluate the property's financial performance, including projected rental income, operating expenses, vacancy rates, and Debt Service Coverage Ratio (DSCR). - Analyze property appraisals to ensure the collateral value aligns with loan amount and property standards. - Ensure compliance with all applicable lending guidelines (e.g., internal policies, investor requirements, and federal and state regulations like TRID, RESPA). - Make informed loan decisions (approve, suspend, or deny) based on a comprehensive risk assessment and communicate these decisions to relevant stakeholders (e.g., Account Executives and processors). - Clearly communicate the reasons for loan decisions and any required conditions. - Work collaboratively with loan processors and Account Executives to obtain additional information or clarification and ensure accurate documentation throughout the underwriting process. - Stay updated on industry trends, lending guidelines, regulations, and market conditions relevant to 5-10 unit properties and commercial real estate. - Maintain accurate and detailed loan documentation in the underwriting system. - Identify potential fraud or misrepresentation and escalate concerns when necessary. Qualifications - A bachelor's degree in a related field is often preferred. - Non-QM experience as a mortgage underwriter is preferred, with a focus on multifamily or commercial real estate loans, specifically including 5-10 unit properties. - Strong analytical skills for assessing financial data and risk. - In-depth knowledge of lending guidelines and regulations. - Familiarity with relevant financial metrics like NOI and DSCR. - Excellent communication skills and attention to detail. - Proficiency in underwriting software. - Strong decision-making abilities and the capacity to meet deadlines in a demanding environment. - Knowledge of local real estate markets and property management is also beneficial. Requirements - This employer participates in E-Verify and will provide the federal government with your Form I-9 information to confirm that you are authorized to work in the U.S. Benefits - Annual Salary Range $68,000 - $90,000 with quarterly bonus plan. - Competitive salary and benefits. - Opportunities to grow within the company.

• Analyze, evaluate and approve or decline loan files for credit worthiness and compliance with all applicable guidelines and policies. • Review and validate the calculations submitted by the process. • Validate income used is calculated correctly. • Validate income used is acceptable. • Validate asset value calculations. • Collaborate with the processor prior to underwriting on loan files with difficult characteristics. • Provide feedback and guidance to processors and other underwriters to ensure continual learning.