Mortgage Underwriter: Assess Risk & Approve Loans

Rhode Island Commerce; Cincinnati (OH); On-site; USD 60,000 - 90,000; Full time

Job summary

Union Savings Bank in Cincinnati, Ohio, is seeking a Mortgage Underwriter to evaluate loan applications and determine borrower eligibility based on credit, income, assets, and property appraisals. The role ensures loans meet regulatory and internal standards while supporting responsible lending and risk management.

You will collaborate with loan officers, processors, brokers, and internal teams to resolve documentation issues and escalate complex files to management when needed.

Qualifications

• High school diploma or equivalent required; Bachelor’s degree preferred.
• Prior experience in mortgage underwriting, banking, or financial services preferred.
• Solid understanding of Conventional loan and non-conforming guidelines.
• Working knowledge of federal mortgage regulations and compliance standards (e.g., RESPA, TILA).

Responsibilities

• Evaluate borrower credit reports, income documentation, debts, and assets to assess risk and loan eligibility.
• Verify employment income and source documentation for accuracy.
• Review property appraisals and collateral to confirm loan-to-value and compliance.
• Make underwriting decisions—approve, suspend, or deny loan applications—based on risk and guidelines.
• Collaborate with loan officers, processors, brokers, and internal departments to resolve documentation issues.
• Escalate high-risk applications to management when necessary.

Skills

Analytical skills

Customer service

Organizational skills

Education

High school diploma or equivalent

Bachelor’s degree in Business, Finance, Economics, or related field

Job description

Union Savings Bank in Cincinnati, Ohio, is seeking a Mortgage Underwriter to evaluate loan applications and determine borrower eligibility based on credit, income, assets, and property appraisals. The role ensures loans meet regulatory and internal standards while supporting responsible lending and risk management.

You will collaborate with loan officers, processors, brokers, and internal teams to resolve documentation issues and escalate complex files to management when needed.