Senior Mortgage Underwriter & Team Lead

Tri City National Bank; Milwaukee (WI); On-site; USD 70,000 - 80,000; Full time

Benefits offered by this job

401(k) with company match

Tuition reimbursement

Medical, dental, and vision coverage

Paid vacation

Job summary

Tri City National Bank, located in West Allis, WI, seeks a Residential Mortgage Underwriter III to independently review and analyze mortgage loan applications, assess borrower creditworthiness, and issue underwriting decisions in compliance with investor guidelines and regulatory requirements.

You will lead by example, provide training to junior underwriters, and collaborate across departments to ensure efficient loan workflow while maintaining high accuracy and quality standards.

Qualifications

• Review and underwrite mortgage loan applications of all income types, ensuring complete documentation and compliance with agency, investor, and portfolio requirements.
• Independently assess borrower creditworthiness, financial capacity, and overall loan risk, including complex lending scenarios.
• Demonstrate strong analytical, interpersonal, written, and verbal communication skills.

Responsibilities

• Review and underwrite mortgage loan applications of all income types, ensuring complete documentation and compliance with agency, investor, and portfolio requirements.
• Independently assess borrower creditworthiness, financial capacity, and overall loan risk, including complex lending scenarios.
• Underwrite construction, bridge, purchase, rate/term refinance, cash-out refinance, home equity loan, and HELOC transactions.
• Issue underwriting decisions and clearly communicate approval conditions, documentation requirements, and deficiencies.
• Approve property evaluations and full appraisals within delegated authority.
• Apply FHLMC and portfolio underwriting guidelines accurately while maintaining knowledge of Fannie Mae and FHA requirements.
• Serve as a Team Lead by conducting second reviews and providing training and guidance to junior underwriters.
• Partner with Processing and other departments to facilitate efficient loan workflow, resolve outstanding conditions, and support organizational objectives.
• Communicate underwriting decisions and rationale clearly to loan officers and other stakeholders.
• Ensure loan files meet regulatory, compliance, and company policy requirements while maintaining accuracy and quality standards.

Skills

Mortgage underwriting

Credit analysis

Regulatory compliance

Team leadership

Communication skills

Tools

MortgageBot

Loan Prospector

DataVerify

LoanBeam

FIS

Job description

Tri City National Bank, located in West Allis, WI, seeks a Residential Mortgage Underwriter III to independently review and analyze mortgage loan applications, assess borrower creditworthiness, and issue underwriting decisions in compliance with investor guidelines and regulatory requirements.

You will lead by example, provide training to junior underwriters, and collaborate across departments to ensure efficient loan workflow while maintaining high accuracy and quality standards.