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Capital Bank, N.A. · 18 hours ago

Mortgage Underwriter

United States

Full-time

Remote

Senior Level

$80K/yr - $105K/yr

5+ years exp

Capital Bank, N.A. is a publicly traded company headquartered in Maryland, serving communities since 1999. The Mortgage Loan Underwriter is responsible for evaluating mortgage loan applications to determine borrower creditworthiness and ensure compliance with regulations, while supporting an efficient loan origination process.

BankingCommercial LendingFinanceFinancial Services

Responsibilities

Underwrite a minimum of three new loan files per day

Review, analyze, and clear updated and conditioned loan files within required turn times

Maintain CBHL-mandated turn times for new submissions, resubmissions, and condition reviews

Monitor and respond to CSM scenarios within required timeframes

Provide underwriting and eligibility support to other Capital Bank departments as needed

Underwrite FHA, VA, USDA, Conventional, Non-Agency, and Jumbo loan products in accordance with company policy and investor overlays

Perform new and established condominium project reviews, including warranty and eligibility determinations, in accordance with agency and investor guidelines

Analyze loan documentation and data for accuracy, completeness, and overall soundness

Identify and assess credit, income, asset, and collateral risk factors

Review appraisals and collateral documentation, including condominium and PUD projects

Support Loan Officers during the borrower qualification and structuring process

Remain current on investor, agency, and regulatory guideline updates impacting underwriting and condominium project eligibility decisions

Qualification

FHA Direct EndorsementVA SAR/LAPP designationJumboNon-Agency productsFannie Mae Desktop UnderwriterFreddie Mac Loan Product AdvisorAdvanced income analysisCredit risk analysisAppraisalCollateral reviewEncompass LOS experienceCustomer service orientationTeamworkOrganizational skillsProblem-solving skillsAttention to detail

Required

High School Diploma or equivalent required

Minimum of five years of experience underwriting agency mortgage loans

Minimum of five years of experience underwriting secondary market guidelines

Minimum of two years of experience with Jumbo and Non-Agency products

FHA Direct Endorsement (CHUMS) designation required

VA SAR/LAPP designation required

Housing Finance Agency experience required (DC, DE, FL, VA, MD preferred)

Strong teamwork and customer service orientation

Excellent organizational skills and ability to manage multiple priorities

High sense of urgency and accountability for deadlines and assignments

Ability to work effectively in a fast-paced environment

Proficiency with Fannie Mae Desktop Underwriter and Freddie Mac Loan Product Advisor

Advanced income analysis, including complex self-employed and variable income scenarios

Credit risk analysis and interpretation

Appraisal and collateral review, including condominium and PUD projects

Ability to accurately interpret and apply agency, investor, and condominium project guidelines

Strong problem-solving, critical thinking, and decision-making skills

Clear and professional written and verbal communication

Constant and consistent attention to detail

Preferred

USDA underwriting experience preferred

Bachelor's degree preferred

Encompass LOS experience preferred

Benefits

Yearly annual target bonus based on individual performance

Company

Capital Bank, N.A.

Capital Bank N.A., headquartered in Rockville, Maryland is a Maryland chartered commercial bank that offers commercial and consumer banking services to clients in the Washington D.C.

Founded in 1998

Rockville, Maryland, USA

201-500 employees