LAPP/SAR Underwriter (Empower Experience Required)

Member First Mortgage, LLC; Grand Rapids (MI); Remote; USD 100,000; Full time

Job summary

Member First Mortgage, a leading provider for credit unions, is seeking a LAPP/SAR Underwriter to join their award-winning team. The role involves evaluating mortgage applications, making critical financing decisions, and ensuring compliance with internal and regulatory guidelines. This opportunity offers a competitive starting salary, excellent benefits, and a commitment to employee growth in a supportive environment.

Benefits

Generous healthcare packages

Employer paid disability and life insurance

401K Plan with match

20 days PTO

Qualifications

• 8-10 years of related experience required.
• LAPP/SAR designation mandatory.
• Full understanding of FHA, VA, and conventional underwriting requirements.

Responsibilities

• Review mortgage loan applications and render decisions within guidelines.
• Evaluate income adequacy and assess collateral for mortgage loans.
• Ensure documentation is complete and accurate before closing.

Skills

Financial analysis

Decision making

Attention to detail

Communication

Time management

Education

Bachelor's degree or Master's degree

Tools

Microsoft Excel

Microsoft Outlook

Job description

Job Details

Job Location: Remote - Grand Rapids, MI

Salary Range: Undisclosed

Description

Member First Mortgage is seeking a LAPP/SAR Underwriter for our growing Underwriting department! If you thrive in a fast-paced environment, are motivated by building relationships through exceptional customer service, and get excited at the thought of learning something new each day, then this may be the opportunity you have been waiting for and an excellent chance to join our award-winning team recognized as a Best and Brightest company to work for in the nation!In this position you would be responsible for reviewing mortgage loan applications and rendering decisions within internal and regulatory guidelines.

Founded on the credit union philosophy of 'People Helping People', we have become the trusted full-service mortgage provider to over 200 credit unions across the U.S. This philosophy, along with our core values of honesty and integrity, make careers with Member First Mortgage dynamic and rewarding through our friendly and family-oriented culture that is dedicated to the growth and success of our employees.

Benefits We Offer:

• Generous and competitive healthcare packages
• Employer paid short-term and long-term disability
• Employer paid Life Insurance
• 100% Employer paid Vision
• 401K Plan with match
• 20 days PTO - no waiting periods!
• Fun and collaborative team environment

Qualifications

Responsibilities:

• Determines the adequacy of income to meet expected financial obligations. Ensures potential borrower assets meet closing requirements and are derived from acceptable sources. Examines potential borrower credit and reviews the manner in which obligations have been met and managed. Investigates derogatory applicant credit.
• Review appraisals and ensure determined values are well documented, risks are appropriate and meet all guidelines of the applicable loan type. Reviews appraisal comparables. Sets conditions for property inspections if repairs are needed.
• Evaluates and assesses the collateral and capacity of mortgage loans.
• Approves or rejects loan application or requests additional information. Records loan rejection, specifying investor and company guidelines and basis for declining application.
• Completes all underwriting functions in accordance with various program requirements, company standards, and related legal and regulatory requirements. Maintains knowledge of underwriting requirements and policies, as well as investor and governmental guidelines. Stays informed of modifications and updates in software applications.
• Confirms documentation, reports and files are complete and accurate. Certifies that all lending conditions have been satisfactorily met prior to closing. Keeps management informed of area activities of any significant problems and provides suggestions for improvements in underwriting policies and procedures.

Experience:Eight years to ten years similar or related experience.

Education:(1) A master's degree, or (2) a bachelor's degree plus professional certification (e.g. CPA).

**LAPP/SAR Designation Required**

Qualifications:

• Full understanding of FHA, VA and conventional underwriting requirements
• Working knowledge of financial statements, credit reports, tax returns and appraisals.
• Knowledge of lending programs, policies, procedures, and standards
• Possesses sound judgement
• Ability to communicate clearly and effectively, both verbally and in writing.
• Decision making/analysis skills
• Accountability and organizational skills
• Solid time management skills to set priorities and meet deadlines
• Ability to work independently
• Attention to detail
• Proficient in Microsoft Excel, Outlook and general PC applications
• 10 key and word processing skills

Physical Requirements:While performing the duties of this job, the employee is regularly required to sit, stand, and walk. The employee must occasionally lift and/or move up to 10 pounds. The employee is frequently required to spend extended hours in front of a computer screen, to use hand to finger, to speak in and listen carefully on the telephone.

Work Environment: While performing the duties of this job, the employee regularly works in a remote office setting.

Compensation: 100k starting, depending on experience: Hourly, Non-exempt

If you are looking for a company that is dedicated to your success and is ethically motivated to provide exceptional member service, we encourage you to apply!