Mortgage Underwriter III

Sunflower Bank, N.A.; Denver (CO); Remote; USD 100,000 - 125,000; Full time

Job summary

A regional financial institution is seeking a full-time Mortgage Underwriter III to make timely and compliant decisions on mortgage applications. The ideal candidate has over 10 years of underwriting experience, with familiarity in FHA and VA programs, and possesses strong organizational and interpersonal skills. Benefits include 401(k) matching and comprehensive health insurance. Remote work options available.

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

• 10+ years of underwriting experience or specialty in Construction/Jumbo Non-Conforming.
• Excellent verbal, written, and interpersonal skills.
• Ability to maintain confidentiality.

Responsibilities

• Render final underwriting decisions for mortgage loan applications.
• Review loan files to ensure accuracy and compliance.
• Educate loan officers about underwriting rules.

Skills

Underwriting experience

FHA Direct Endorsement

Communication skills

Microsoft Office Suite

Confidentiality

Organization skills

Education

4-year college or university degree

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.

The hourly rate for this position is $45 - $49 per hour depending on knowledge, skills, abilities, experience, and location.

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, 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 personnel about underwriting rules and their application. Review and answer loan scenario questions from loan officers.
• Perform necessary computer-based functions for internal and external IT systems. Conduct online research.
• Meet ongoing, short deadlines regarding underwriting, closing, etc.
• Meet rules, obligations, timelines, and deadlines to comply with company policies, contracts, investor guidelines, lending programs, and regulations.
• Perform the job in accordance with industry laws, regulations, and company policies and procedures.

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.
• Knowledge of Construction One Time and Two Time Close underwriting.
• Knowledge of Jumbo Non-Conforming Service Release underwriting.
• Proficient in Microsoft Office Suite.
• Excellent verbal, written, and interpersonal skills.
• Excellent organization and multi-tasking skills.
• Ability to maintain confidentiality.

Pay depends 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!

We strive to be the financial backbone of our community and support our team in providing exceptional service. If you qualify, apply online at www.sunflowerbank.com/careers.

Join Sunflower Bank and experience a workplace like no other!

EOE/AA: Minorities/Females/Disabled/Vets

Applications are accepted on an ongoing basis until the role is filled. There is no fixed application deadline.

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