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Texana Bank · 3 months ago

Mortgage Loan Underwriter; BR 10; 10.7.25

Texarkana, TX

Full-time

Onsite

Senior Level

5+ years exp

Texana Bank is seeking a Mortgage Loan Underwriter to ensure loans meet company standards for sale into the secondary market. The role involves analyzing credit reports, income documentation, and property appraisals to make informed loan decisions.

BankingCredit CardsFinancial Services

Responsibilities

Review loan application package using verified data in the loan submission package

Evaluate borrower’s income relative to financial obligations

Review adequacy of credit quality and borrower qualifications

Access sources of funds and the security property

Analyze loan terms, LTV and ratios making sure they meet the program guidelines

Notify processor and loan officer of decision made. Approve loan in accordance with appropriate terms and conditions, counter-offers if the term does not meet company ending standards and guidelines, or deny the loan

Review and clears all conditions

Maintain current knowledge of all loan products and origination requirements

Ensure accuracy of loan disclosures and documentation

Ensure the quality of loans conforms to government regulation, company standards, and standards for sale to the secondary market

Qualification

Residential Mortgage UnderwritingSecondary market guidelinesMortgage process flowInvestor guidelinesRegulatory complianceAnalytical skillsMathematical skillsMortgage insuranceOrganizational skillsCommunication skills