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Peoples Security Bank & Trust · 2 days ago

Mortgage Loan Underwriter

Bethlehem, PA

Full-time

Onsite

Senior Level

5+ years exp

Peoples Security Bank & Trust is committed to providing a trustworthy banking experience and is looking for a Mortgage Loan Underwriter to join their team. This role involves performing administrative and underwriting duties to support the mortgage loan function, ensuring compliance with guidelines, and communicating with relevant personnel.

BankingFinancial ServicesInsurance

Hiring Manager

Amy Vieney, SPHR (She/Her)

Responsibilities

Assists with pre-qualification underwriting and loan structuring

Performs of due diligence and underwriting once loans are under application

Verifies and reviews financial loan documents

Assesses borrower(s) credit worthiness

Processes and issues all required disclosures

Communicates changes in loan terms as necessary

Prepares recommendations for credit review committee or loan originators

Reviews loan documents for completeness

Assembles loan documents in loan file, including acceptance or denial and returns file to origination mortgage loan office

Notifies all required personnel of disposition of underwriting results

Performs credit analysis and approves mortgage loans within established lending authority

Maintains knowledge of FHA, VA, and USDA lending guidelines

Perform Administrative Compliance Reviews of subject property appraisals for completeness, accuracy, adequacy and validity in accordance with financial institution policy

Maintains intricate knowledge of underwriting and selling guidelines, especially those associated with the secondary market

Qualification

Underwriting guidelines knowledgeCredit analysisMortgage lending experienceFHAVAUSDA guidelinesAdministrative skillsCommunication skills

Required

Associate degree or equivalent knowledge normally required; specialized bank education/training related to mortgage lending

A minimum of 5 years' related experience normally required

Maintains knowledge of FHA, VA, and USDA lending guidelines

Performs administrative and underwriting duties to support the mortgage loan function

Assists with pre-qualification underwriting and loan structuring

Performs due diligence and underwriting once loans are under application

Verifies and reviews financial loan documents

Assesses borrower(s) credit worthiness

Processes and issues all required disclosures

Communicates changes in loan terms as necessary

Prepares recommendations for credit review committee or loan originators

Reviews loan documents for completeness

Assembles loan documents in loan file, including acceptance or denial and returns file to origination mortgage loan office

Notifies all required personnel of disposition of underwriting results

Performs credit analysis and approves mortgage loans within established lending authority

Performs Administrative Compliance Reviews of subject property appraisals for completeness, accuracy, adequacy and validity in accordance with financial institution policy

Maintains intricate knowledge of underwriting and selling guidelines, especially those associated with the secondary market

Benefits

Our College Tuition Reimbursement Benefit can help you achieve your long-term career and educational goals

Medical Plans

Dental Plan

Vision Plan

Life Insurance

Disability Insurance

401(K) Plan

Paid Time Off

Paid Holidays

Paid Volunteer Time Off

Employee Assistance Program

Banking Classes

Internal Advancement Opportunities

Company

Peoples Security Bank & Trust

Peoples Security Bank & Trust has become one of the largest independent community banks in eastern Pennsylvania with a footprint stretching through Pennsylvania, New York, and New Jersey.

Founded in 1905

Scranton, Pennsylvania, USA

201-500 employees