Mortgage Underwriter III

Sunflower Financial Inc.; Dallas (TX); Remote; USD 75,000 - 100,000; Full time

Job summary

A leading financial institution in Dallas is looking for a Mortgage Underwriter III to make final decisions on mortgage loan applications while ensuring compliance with industry regulations. This position requires significant experience in underwriting and expertise in various mortgage specialties. With benefits including a robust 401(k) plan and health insurance, this role offers a competitive salary based on experience and skills. Ideal candidates will possess strong communication and organizational skills.

Benefits

401(k) Plan with 6% Match

Health/Dental/Vision Insurance

Company-paid Life Insurance

Tuition Reimbursement

Fitness Reimbursement

Paid Time Off

Volunteer Leave

Paid Holidays

Qualifications

• Minimum of 10 years underwriting experience required.
• FHA Direct Endorsement (DE) approval preferred.
• Must have expertise in at least two specialty areas like Portfolio Lending or Jumbo Non-Conforming.

Responsibilities

• Render final underwriting decisions on mortgage applications.
• Review loan files for compliance and completeness.
• Answer questions regarding underwriting rules.

Skills

Verbal communication

Written communication

Interpersonal skills

Organizational skills

Multi-tasking

Confidentiality

Education

Bachelor's degree in related major

Tools

Microsoft Office Suite

Job description

Description

Sunflower Bank, N.A. is looking for an energetic, highly motivated individual to fill the position of a full-time Mortgage Underwriter III. The Mortgage Underwriter III renders a final decision (e.g., approval, disapproval, approval with conditions) for mortgage loan applications in a timely, accurate and compliant manner. This position reviews loan applications based on factors such as capacity, credit history, capital, and collateral in compliance with company policy, contracts, investor guidelines, lending programs and state and federal laws and regulations.

This position is under consideration to work fully remote.

• Render a final underwriting decision (e.g., approved, suspend, denied) for mortgage loan applications based on factors such as capacity, credit history, capital and collateral.
• Apply underwriting rules from multiple sources to accurately and consistently review individual loan applications. Formulate approval conditions, as appropriate.
• Review each loan file to verify documents are present, accurate, accurately calculated, compliant and sufficiently complete for an underwriting decision. Review and reach an underwriting decision on the appraisal.
• Accurately answer questions from and educate loan officers, loan processors, and other appropriate personnel about underwriting rules and how they apply to individual loan applications. Review and answer loan scenario questions from loan officers.
• Perform necessary computer-based functions for both internal and external IT systems. Conduct online research.
• Meet ongoing, short deadlines with regard to underwriting, closing, etc.
• Meet rules, obligations, timelines, and deadlines to comply with company policy, contracts, investor guidelines, lending programs and state and federal law and regulation.
• Perform the job in accordance with applicable industry laws and regulations as well as the policies and procedures established by the company.

Education / Experience Preferred:

• Graduation from a 4-year college or university with related major, preferred
• At least 10+ years of underwriting experience, or a specific specialty (Construction and/or Jumbo Non-Conforming)
• FHA Direct Endorsement (DE) approved
• Veterans Administration (VA) Lender Appraisal Processing Program (LAPP/SAR)
• Must have a minimum of two of the following specialty areas
• Portfolio Lending
• Construction One Time and/or Two Time Close
• Jumbo Non-Conforming
• USDA preferred but not required
• Knowledge of Construction One Time and Two Time Close underwriting
• Knowledge of Jumbo Non-Conforming Service Release underwriting
• Must be proficient in Microsoft Office Suite.
• Must possess excellent verbal, written and interpersonal skills.
• Must possess excellent organization and multi-tasking skills.
• Ability to maintain confidentiality.

Pay is dependent on knowledge, skills, abilities, experience, and location.

Sunflower Bank Benefits

Employees enjoy outstanding benefits, including:

• 401(k) Plan with 6% Match
• Health/Dental/Vision Insurance
• Company-paid Life Insurance
• Tuition Reimbursement
• Fitness Reimbursement
• Paid Time Off
• Volunteer Leave
• Paid Holidays
• Plus many more employee perks & incentives!

People choose to “bank” with us, but for those we serve, we’re more than a bank. We strive to be the financial backbone of their lives and we know that starts with our team.

If you qualify, apply online at www.sunflowerbank.com/careers.

You’ve never worked anyplace like Sunflower Bank!

EOE/AA: Minorities/Females/Disabled/Vets

We accept applications on an ongoing basis until the role is filled. There is no fixed deadline to apply.

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