Unity Bank ยท 3 months ago
Mortgage Underwriter II
Clinton, NJ
Full-time
Onsite
Mid, Senior Level
$83K/yr - $108K/yr
7+ years expUnity Bank is seeking a Mortgage Underwriter II responsible for underwriting and approving mortgage loan applications. The role involves evaluating credit risk, managing a pipeline of loans, and ensuring compliance with bank guidelines while providing professional communication and support to various bank functions.
BankingFinancial Services
Responsibilities
Underwrite and approve Residential Mortgage loans, Construction loans, and Consumer loans and evaluate credit risk
Conduct loan-level due diligence and ensure each loan conforms to bank underwriting and/or investor guidelines
Manage a pipeline of loans submitted for closing
Interact with other areas of the bank, including processing, sales, and the closing / funding teams, as well as servicing and secondary sales teams
Perform a thorough review and analysis of all loan applicants in rendering a sound credit decision on all loans to ensure the Bank's ability to sell the loan on the secondary market or retain as a performing asset in its portfolio
Review and analyze credit, income, assets and collateral to ensure compliance FNMA, investor or Bank portfolio guidelines
Collaborate with team members and Management to identify or recommend potential solutions/exceptions for non-sellable or denied loan files
Examine all loan documentation to ensure accuracy and compliance with all state and federal policies and regulations
Communicate with mortgage sales, operations and branches to maintain a high level of customer service
Serve as a leader/trainer/mentor to processors and less experienced Operations staff
Maintain a high level of efficiency to ensure excellent turnaround times
Maintain current knowledge of all industry and bank program changes, policies and procedures
Communicates with Management on a loan by loan basis in recommending exceptions to policy
Assist with loan delivery and servicing in resolving any port-closing/delivery issues with FNMA or investor
Assist Loan Officers by reviewing loan scenarios to ensure loan is placed in correct program
Qualification
Required
BA/BS
7 years conventional underwriting experience required
Ability to analyze title reports, tax returns and appraisals is required
Detailed knowledge of FNMA/FHLMC guidelines is required
Extensive knowledge of Automated Underwriting Systems LP/DU is required
Excellent communication skills, both written and verbal, are required
Excellent proficiency with MS Word Suite
Preferred
FHA processing or underwriting experience a plus
Company
Unity Bank
Unity Bank provides financial services to retail and business customers through our branches located in Hunterdon, Middlesex.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
James Hughes
President & CEO
George Boyan
Chief Financial Officer
Recent News
2026-01-14
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