Mortgage Underwriter III

Sunflower Bank, N.A.; Overland Park (KS); Remote; USD 70,000 - 100,000; Full time

Job summary

A leading financial institution seeks an energetic Mortgage Underwriter III to render final decisions on mortgage loan applications in a compliant manner. This full-time position emphasizes accuracy and understanding of lending policies. The ideal candidate will possess deep industry knowledge, excellent communication skills, and a strong background in underwriting processes. Benefits include health insurance, a 401(k) plan with matching, and various employee perks.

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

• Must have at least 10+ years of underwriting experience.
• FHA Direct Endorsement (DE) approved is preferred.
• Knowledge of Construction One Time and Two Time Close underwriting.

Responsibilities

• Render final underwriting decisions for mortgage loan applications.
• Review loan applications for accuracy and compliance.
• Educate loan officers on underwriting rules and practices.

Skills

Excellent verbal skills

Excellent written skills

Excellent interpersonal skills

Excellent organizational skills

Excellent multi-tasking skills

Confidentiality

Education

Graduation from a 4-year college or university

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.

1. 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.
2. Apply underwriting rules from multiple sources to accurately and consistently review individual loan applications. Formulate approval conditions, as appropriate.
3. 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.
4. 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.
5. Perform necessary computer-based functions for both internal and external IT systems. Conduct online research.
6. Meet ongoing, short deadlines with regard to underwriting, closing, etc.
7. Meet rules, obligations, timelines, and deadlines to comply with company policy, contracts, investor guidelines, lending programs and state and federal law and regulation.
8. 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

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

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

Sunflower Bank Benefits

Employees enjoy outstanding benefits, including:

1. 401(k) Plan with 6% Match
2. Health/Dental/Vision Insurance
3. Company-paid Life Insurance
4. Tuition Reimbursement
5. Fitness Reimbursement
6. Paid Time Off
7. Volunteer Leave
8. Paid Holidays
9. 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.

If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location specific notices is available on our privacy policy.