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U.S. Bank

Mortgage Loan Originator

Career Insights for Mortgage Underwriter

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Based on Missouri data

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What they do

A Mortgage Underwriter is a financial expert that assesses a lender's financial risk on a potential borrower and is ultimately responsible for approving or denying mortgage loans.

$68,648 / year median in Missouri

+3% projected growth

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Job Description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One. Job Description Location expectations This role may be designated as U.S. home-based remote. However, if the selected candidate resides near a U.S. Bank location, they will be expected to work onsite three (3) or more days per week. Originates mortgage loans in an assigned metropolitan territory. Takes applications, conducts preliminary underwriting reviews, submits loan applications to processing and underwriting for approval. Follows-up to ensure that documents required for processing, underwriting, and closing are secured in a timely manner from appropriate sources. Incumbents are customarily and regularly engaged in making and soliciting loan sales and conducting sales-related activities away from U.S. Bank locations. This position requires National Mortgage Licensing System ( NMLS ) registration under the terms of the S.A.F.E. Act of 2008 and Regulation Z. You will be subject to the required registration process, which includes a criminal background and credit check. Failure to meet or maintain any of the NMLS registration requirements, including maintaining a satisfactory criminal and credit record, may result in a rescission of your offer or termination of employment. This role has multiple levels, open to candidates with a minimum one year of mortgage, sales, real estate, or banking experience. The successful candidate will be hired for the level of the position that aligns with their experience. This role is posted as remote; however, candidates who are located near any one of our locations would be required to work on site at least three days per week. This position also requires 2 or more hours of driving per week. Basic Qualifications
  • High school diploma or equivalent
  • Typically at least one year of mortgage, sales, real estate, or banking experience
  • Ability to travel Preferred Skills/Experience
  • Well-developed sales ability
  • Basic knowledge of pricing and underwriting req To view full details and how to apply, please login or create a Job Seeker account