Apply on Employer Site

Greylock Federal Credit Union · 5 hours ago

Mortgage Underwriter

Pittsfield, MA

Full-time

Onsite

Mid, Senior Level

3+ years exp

Greylock Federal Credit Union is committed to inclusion, diversity, equity, and accessibility within its workforce. The Mortgage Underwriter leads the underwriting of residential mortgage loans, evaluates complex loan files for creditworthiness, ensures compliance with lending policies, and supports high-quality member service through collaborative decision-making.

BankingFinanceFinancial Services

Comp. & Benefits

Responsibilities

Underwrite residential mortgage loans by analyzing credit, income, assets, and collateral, applying sound judgment and adherence to secondary market guidelines (e.g., Fannie Mae) and internal policies

Document underwriting decisions thoroughly, including exceptions, and ensure loan files are audit-ready and aligned with Credit Union lending procedures

Communicate with loan officers, processors, and members to resolve application questions or provide alternative financing solutions when loans are denied or adjusted

Conduct second reviews or co-signatures for underwriters with limited authority and assist with complex file escalations

Run and interpret Desktop Underwriter (DU), manage Mortgage Insurance (MI) reviews, and verify system-of-record consistency with MI certificates and approval conditions

Maintain knowledge of industry trends, underwriting standards, and regulatory changes

Qualification

Mortgage UnderwritingCredit Risk EvaluationLoan Origination SystemsMicrosoft Office SuiteAnalytical ThinkingCommunicationAttention to DetailDecision MakingCoaching & MentoringProblem Solving