Mortgage Loan Underwriter II MORTG003671 Position Available In Lee, Mississippi
Tallo's Job Summary: The Mortgage Loan Underwriter II position involves approving or denying mortgage loans based on provided information, verifying borrower's income and credit history, evaluating assets and collateral, ensuring compliance with regulations, and documenting loan decisions. Requirements include a high school diploma, understanding of loan programs, FHA, VA, and conventional guidelines, ability to work independently under pressure, and strong communication skills. This is a remote position.
Job Description
This is a Job Description for a Mortgage Loan Underwriter II. This is a remote position.
Summary:
Under general supervision, the Mortgage Loan Underwriter is responsible for approving or denying mortgage loans based on information provided in a loan application.
Duties & Responsibilities•:•[]{#_Hlk142289191}[]{#_Hlk142304825}Verifies income and employment information of borrower. Reviews credit history of borrower. Evaluates the borrower’s depository accounts and assets. Determines fair market value for the collateral by reviewing the appraisal. Ensures that property specifications and loan terms meet financial institution requirements and government regulations. After evaluation of the application and collateral, the mortgage underwriter renders the underwriting decision. Documents the reasons for approval or denial of the loan and includes the documentation in the loan file. Provides and maintains a professional, business-like atmosphere within the organization.
Requirements and Qualifications:
High School Diploma or equivalent. Thorough understanding of all loan programs. Have a good understanding of FHA, VA and conventional underwriting guidelines for all loan investors. Must be able to meet strict time deadlines and work independently under pressure. Must be detail oriented and able to follow set guidelines. Excellent written and verbal communication skills. Works cooperatively with others. Regular and reliable attendance.
Equal Opportunity/Affirmative Action Employer.
