Eastern Bank · 6 hours ago
Mortgage Underwriter II
1000 Elm St STE 400, Manchester, NH, 03101, US
Full-time
Onsite
Senior Level
5+ years expEastern Bank is dedicated to supporting its employees and fostering individual growth. The Mortgage Underwriter II is responsible for providing accurate loan decisions based on credit history and financial position, ensuring compliance with regulatory requirements, and mitigating risk to the organization.
BankingFinanceFinancial Services
Responsibilities
Conduct a thorough review of complete loan packages to ensure compliance with company policies, investor requirements, and FHA/VA guidelines
Maintain up-to-date knowledge of all company, investor, and correspondent programs and requirements
Exercise loan approval authority up to established corporate limits
Communicate underwriting decisions clearly and professionally to all relevant parties, both verbally and in writing
Review residential appraisals for accuracy and compliance
Calculate qualifying income, including detailed analysis of tax returns and financial statements
Provide guidance and interpretation to Sales and Processing teams on underwriting standards and specific loan files
Offer training and coaching to Loan Officers as needed to ensure adherence to underwriting guidelines
Respond promptly to post-closing, insurance and audit reviews, ensuring timely resolution of any issues
Support the underwriting team in achieving productivity goals while meeting individual turn times for new loans and condition reviews
Assume additional duties as assigned, cross-train within the department, and remain responsive to evolving business needs
Qualification
Required
High school diploma or GED or equivalent combination of training and experience
Minimum of 5 years Government Underwriting or equivalent experience
Strong knowledge of mortgage underwriting principles; FHLMC/FNMA/FHA/RD and VA Guidelines; and investor requirements
Proficiency in analyzing complex financial documents, including tax returns and business financial statements
Ability to interpret and review residential appraisals accurately
Excellent communication skills for clear messaging of ideas and decisions
High attention to detail and strong organizational skills to manage multiple priorities
Problem-solving mindset with the ability to make sound credit decisions under pressure
Experience with mortgage loan origination systems and underwriting software
Strong time management skills to meet strict deadlines and productivity goals
Commitment to compliance and risk management best practices
Benefits
Medical
Dental
Vision
Life and disability insurance
Retirement
Vacation
Tuition reimbursement
Company
Eastern Bank
Eastern Bank is the largest independent, mutually owned bank in New England and the largest community bank in Massachusetts.
1001-5000 employees
H1B Sponsorship
Eastern Bank 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
2023 (2)
2021 (1)
2020 (1)
Funding
Current Stage
Late StageTotal Funding
unknown2023-09-19Acquired
Leadership Team
David Rosato
Chief Financial Officer
Quincy Miller
President/COO/Vice Chair
Recent News
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2026-01-24
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