Senior Mortgage Loan Underwriter

Texana Bank; United States; On-site; USD 85,000 - 110,000; Full time

Job summary

Texana Bank is seeking a Senior Mortgage Underwriter to evaluate loan applications, verify borrower information, and assure compliance with mortgage product guidelines. You will review documents, collaborate with originators, and handle exceptions with authority to withdraw or decline loans.

The role demands 5+ years in residential underwriting, strong knowledge of investor guidelines (Fannie Mae, Freddie Mac, FHA, VA), and excellent communication skills to work with production staff and

Qualifications

• 5+ years of Residential Mortgage Underwriting experience.
• Strong understanding of investor guidelines and regulatory requirements.
• Excellent organizational, written and verbal communication skills.
• Experience with pipeline management and loan system workflows.

Responsibilities

• Adhere to mortgage product guidelines and regulatory compliance.
• Achieve and maintain minimal loan defects while meeting production metrics.
• Develop and drive quality standards per company policies and investor guidelines.
• Manage mortgage loan pipeline and report timelines and results.
• Communicate loan decisions and justifications clearly to relevant parties.

Skills

Mortgage underwriting

Customer service

Decision making

Regulatory compliance

Pipeline management

Communication

Job description

About Texana Bank

Texana Bank first opened its doors in 1914 in Linden, Texas. In the past century, banks in our region have come and gone, but Texana is different. At Texana, we believe in growing for the right reasons - to better serve you. Texana now boasts four full service branches throughout East Texas, in addition to two branches in Arkansas. We also have several mortgage offices to serve you. We' re bringing honesty back to banking. Our staff has the tools and knowledge to help you achieve your goals faster. At Texana, we call you by name, and we' re personally invested in your success. We' re not going anywhere.

Job Summary

A Senior Mortgage Underwriter is responsible for evaluating the eligibility of an applicant for loan application processing. Senior Underwriters verify the applicant's information, including their credit score and other valid documents, ensuring that the applicant fulfills the loan application's parameters. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with other senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending. You may also be required to respond directly to individual and investor audits.

Essential Functions

Adherence to mortgage product guidelines Achieve and maintain highest level of regulatory compliance in conjunction with minimal loan defect rates while meeting and exceeding production metrics Develop, implement, and drive quality standards consistent with company policies and investor guidelines Manage pipeline and report project timelines and results Foster positive attitudes and professionalism by focusing on resolution-based approach to problem solving and identifying best practices, process improvements and mortgage loan system efficiencies Review, analyze, and determine mortgage loan compliance with Fannie Mae, Freddie Mac, FHA, VA, and Rural Development guidelines Ensure accuracy of all loan documentation Clearly communicate decisions and the justification behind those decisions to the appropriate parties

Qualifications

5+ years of Residential Mortgage Underwriting. Conventional Agency experience required. Non-Conforming, Jumbo, FHA, VA, Bond Program experience preferred. Experience with customer service, decision making, and analyzing information. Excellent organizational, written and telephone communication skills. Deep understanding of pipeline management and system supported workflows is required. Must have a strong understanding of multiple investor guidelines and regulatory compliance

Equal Opportunity Statement

Texana Bank is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, or any other protected status under applicable law.

Texana Bank Mortgage 1680 Keller Pkwy Keller, TX 76248 Originally posted on Himalayas