Mortgage Underwriter: Risk & Loan Approval

Navy Federal Credit Union; Sandy Springs (GA); Presencial; USD 70.000 - 95.000; Jornada completa

Descripción de la vacante

Navy Federal Credit Union is seeking an experienced Mortgage Underwriter to evaluate and underwrite multiple mortgage loan types in line with state and federal requirements. You will analyze loan documentation, assess credit risk, and make decisions using NFCU and investor guidelines, while adhering to regulatory standards.

Responsibilities include reviewing income/assets, approving loans, and mentoring junior staff.

Formación

• 3 years of experience in mortgage lending.
• Intermediate knowledge of mortgage/equity loan processing, closing and documentation requirements and regulations.
• Familiarity with underwriting process and understanding of applicable criteria, guidelines, rules and regulations.
• Basic database and presentation software skills.
• Basic organizational, planning and time management skills.
• Basic research, analytical, and problem solving skills.
• Basic skill conducting complex personal and business financial analysis.
• Basic skill exercising initiative and using good judgement to make sound decisions.
• Basic verbal and written communication skills.
• Basic word processing and spreadsheet software skills.

Responsabilidades

• Analyze mortgage loan information on loan documents such as income, assets, and credit criteria to confirm loan eligibility based on NFCU guidelines and investor requirements.
• Analyze exceptions and rejections; recommend alternative mortgage products within guidelines.
• Analyze self-employed borrower income documentation.
• Approve mortgage loans and authorize loan disbursements based on complete analysis and applicable rules.
• Determine acceptability and marketability of real estate to assess collateral adequacy.
• Prepare and present alternatives on marginal loans; analyze exception requests and adverse action notes.
• Review contracts related to real estate (age restrictions, HOAs, etc.).
• Collaborate with loan originator and processor to ensure data and documentation are obtained.
• Mentor Mortgage Processors, Closers, and Officers as needed.
• Maintain knowledge of NFCU mortgage products and guideline changes.
• Collaborate with training team to keep guidelines accurately conveyed.
• Perform secondary review of dispositioned loans that are suspended or declined.
• Perform other related duties as assigned.

Conocimientos

Mortgage underwriting

Regulatory compliance

Financial analysis

Investor criteria adherence

Documentation review

Data analysis

Decision making

Communication skills

Attention to detail

Time management

Descripción del empleo

Navy Federal Credit Union is seeking an experienced Mortgage Underwriter to evaluate and underwrite multiple mortgage loan types in line with state and federal requirements. You will analyze loan documentation, assess credit risk, and make decisions using NFCU and investor guidelines, while adhering to regulatory standards.

Responsibilities include reviewing income/assets, approving loans, and mentoring junior staff.