Mortgage Underwriter: Compliance-Driven Credit Decisions

Crane Credit Union; Odon (IN); On-site; USD 31,000 - 46,000; Full time

Job summary

Crane Credit Union in Odon, IN is seeking a Mortgage Loan Underwriter to analyze loan requests, prepare necessary paperwork and ensure compliance with applicable regulations. The role also involves making credit decisions based on policy and assisting members with other lending needs within authority.

You will review applications, gather disclosures, and prepare files for closing while maintaining knowledge of HMDA, fair lending, and secondary market considerations.

Qualifications

• Mortgage underwriting knowledge
• Regulatory compliance awareness
• BSA/AML familiarity

Responsibilities

• Reviews mortgage applications to determine borrower, property, and loan conditions meet standards; processes disclosures and approves/rejects or requests info.
• Assembles and organizes documents; tracks title and insurance; ensures mortgage is recorded and loan file is ready for audit.
• Ensures operations for mortgage and loan products comply with regulations; maintains knowledge of mortgage regulations and secondary market rules.
• Maintains mortgage license compliance under the SAFE Act.
• Keeps informed of trends in mortgage lending and market factors affecting the portfolio.
• Collaborates with appraisers, title companies, agents, lenders and insurers to facilitate closings.
• Administers existing loan programs; audits mortgage loans for completeness and compliance.
• Reviews title information for discrepancies and lien positions.
• Assists members with credit counseling and provides options and resources as needed.
• Participates in annual BSA/AML training and related compliance activities.

Job description

Crane Credit Union in Odon, IN is seeking a Mortgage Loan Underwriter to analyze loan requests, prepare necessary paperwork and ensure compliance with applicable regulations. The role also involves making credit decisions based on policy and assisting members with other lending needs within authority.

You will review applications, gather disclosures, and prepare files for closing while maintaining knowledge of HMDA, fair lending, and secondary market considerations.