TD · 15 hours ago
Loan Underwriter II - Home Equity
Mount Laurel, NJ
Full-time
Onsite
Entry, Mid Level
$29.75/hr - $44.50/hr
2+ years expTD is one of the world's leading global financial institutions, and they are seeking a Loan Underwriter II to underwrite and evaluate various mortgage applications. The role involves ensuring compliance with bank policies and procedures while assessing loan risks and providing guidance to operations staff.
BankingFinanceFinancial ServicesWealth Management
Responsibilities
Underwrites all types of income, all product types including ethical and salable residential mortgage loans and consumer loans and evaluates risk while ensuring the quality of each loan submitted
Approves loans, issues alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures
Validates the data entry to the appropriate Loan Operating System and evaluates all applicable documentation as required by job function and conditions loan accordingly; informs Processor of any additional items necessary to substantiate loan request
Demonstrates in-depth knowledge of regulatory, investor and departmental lending policies for underwriting of conventional loan requests
Identifies loans for exceptions while ensuring proper procedures are followed for approval and documentation; assists in clearing or resolving any issues
Manages integrity issues and ensures files are compliant to internal guidelines and external regulatory requirements
Maintains knowledge of loan product guidelines, internal policies and procedures, and regulatory requirements
Coaches and mentors assigned operations staff; assists with training and guidance as assigned
Qualification
Required
High school diploma or GED required; 2 year degree or equivalent experience preferred
2+ years underwriting experience
Advanced knowledge of loan underwriting documentation requirements
Knowledge of Agency DU automated underwriting system; must also be familiar with underwriting larger, more complex and specialty products
Ability to effectively communicate with all types of personalities and the ability to provide excellent customer service to both internal and external customers
Superior oral and written communication skills
Excellent PC skills
In-depth knowledge of CRA products and industry
Knowledge of CRA products and industry
Detail oriented, possessing excellent organizational, analytical and decision making skills
Ability to communicate with multiple business partners in the organization
Ability to handle heavy workload, multitask and meet stringent deadlines
Preferred
2 year degree or equivalent experience preferred
Experience with self-employed income calculations preferred
Home equity experience preferred
Benefits
Health and well-being benefits
Savings and retirement programs
Paid time off (including Vacation PTO, Flex PTO, and Holiday PTO)
Banking benefits and discounts
Career development
Reward and recognition
Company
The Toronto-Dominion Bank & its subsidiaries are collectively known as TD Bank Group (TD).
10001+ employees
H1B Sponsorship
TD has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2022 (1)
2020 (6)
Funding
Current Stage
Late StageTotal Funding
$65MKey Investors
U.S. Department of the Treasury
2023-10-03Grant· $65M
Leadership Team
Brian Jacobson
Chief of Staff to the CEO, TD Bank, America's Most Convenient Bank
F
Foster Glenn
Senior Vice President Technology and Data Risk Management
Recent News
2026-01-24
2026-01-24
Company data provided by crunchbase