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Abound Credit Union · 16 hours ago

Senior Residential Mortgage Underwriter

Radcliff, KY

Full-time

Onsite

Senior Level, Lead/Staff

$55K/yr - $69K/yr

8+ years exp

Abound Credit Union is committed to hardworking Kentuckians and fosters a culture of teamwork and financial wellness. As a Senior Residential Mortgage Underwriter, you will evaluate documentation, make credit decisions on loans, and ensure compliance with lending policies and laws.

CommunitiesFinancial ServicesNon Profit

Responsibilities

Analyze and evaluate all aspects of borrower’s credit, employment/income, and asset profile. Make final decision on acceptance or decline of loan request

Ensure the appraisal/collateral and all other loan attributes meet the requirements of the loan product and investor

Conduct initial and final review of first mortgage loan applications

Ensure the accuracy of all necessary criteria for specific loan types, products, rates, and fee structures

Underwrite all conventional conforming and jumbo loans in accordance with investor guidelines and Automated Underwriting System (AUS) Recommendations

Underwrite loans for Abound Portfolio and other Investors in accordance with any/all investor overlays on guidelines and conditions

Qualification

Mortgage underwriting experienceFHAVA CertificationsMortgage lawsFNMA guidelines knowledgeFHLMC guidelines knowledgeFHLB guidelines knowledgeReal estate lending policiesEnthusiasmProfessional demeanorSelf-motivationTeamwork

Required

Minimum of 8 years' experience as a mortgage underwriter, including working knowledge of FNMA, FHLMC, FHLB, FHA and VA guidelines and program requirements

FHA and VA Certifications

Extensive and detailed knowledge of real estate mortgage lending laws, regulations, policies, and procedures applicable to both primary and secondary markets

Applicants for this position must successfully complete and pass the eligibility requirements for registration under the Secure and Fair Enforcement for Mortgage Licensing Act (S.A.F.E Act), which requires Federal Registration under the Nationwide Mortgage Licensing System and Registry. Applicants at the minimum must furnish the Registry with information concerning the applicant's identity including: (1) Fingerprints for submission to the FBI and any other relevant governmental state agency for a State and national criminal history and background check; and (2) personal history and experience including authorization for the Registry to obtain information related to any administrative, civil, or criminal findings by governmental jurisdiction. Failure to successfully pass the Registry background screening requirements could result in loss of position and/or employment

Friendly, outgoing manner, ability to deal with members with tact and courtesy and maintain professional demeanor in all situations

Self-motivation, enthusiasm, and initiative with a willingness to support others within the Credit Union