Mortgage Underwriter III

Sunflower Bank, N.A.; Scottsdale (AZ); Remote; USD 85,000 - 115,000; Full time

Job summary

A leading financial institution is seeking a Mortgage Underwriter III to make final decisions on loan applications. This role requires a depth of experience in underwriting, particularly in Construction and Jumbo Non-Conforming loans, along with compliance with legal regulations. Successful candidates will receive competitive compensation and comprehensive benefits, including health insurance and a 401(k) plan.

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

Many additional perks & incentives

Qualifications

• 10+ years of underwriting experience or specialty in Construction/Jumbo Non-Conforming.
• FHA Direct Endorsement (DE) approved.
• Knowledge in Portfolio Lending, Construction, Jumbo Non-Conforming.

Responsibilities

• Render final underwriting decisions for mortgage loan applications.
• Verify documents for compliance and accuracy.
• Educate team members about underwriting rules.

Skills

Underwriting Expertise

Detail-Oriented

Communication

Organization

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.

• 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.
• 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 related to underwriting and closing processes.
• Ensure compliance with company policies, contracts, investor guidelines, lending programs, and legal regulations.
• Perform duties in accordance with applicable laws, regulations, policies, and procedures.

Education / Experience Preferred

• Graduation from a 4-year college or university with a related major (preferred).
• At least 10+ years of underwriting experience or 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.
• Proficiency in Microsoft Office Suite.
• Excellent verbal, written, and interpersonal skills.
• Strong organization and multi-tasking abilities.
• 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
• Many additional perks & incentives

We strive to be more than just a bank for those we serve, starting with our team. If you qualify, apply online at www.sunflowerbank.com/careers.

You've never worked anywhere like Sunflower Bank!

EOE/AA: Minorities/Females/Disabled/Vets

Applications are accepted on an ongoing basis until the role is filled. No fixed deadline to apply.

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