Senior Secondary Market Mortgage Underwriter

Central Bank Illinois; Geneseo (IL); Sur place; USD 59 000 - 67 000; Plein temps

Résumé du poste

Central Bank Illinois is seeking a Residential Mortgage Loan Underwriter to ensure secondary market loans meet FNMA and bank policies. You will analyze, approve or modify loan requests, review appraisals, and ensure proper documentation for funding.

The role requires strong regulatory knowledge and communication with loan officers and processors, plus ongoing adherence to audits and policy changes.

Qualifications

• Associate degree required with 2–5 years in banking or mortgage underwriting.
• Strong knowledge of FNMA underwriting guidelines and regulatory requirements.

Responsabilités

• Underwrite FNMA Secondary Market and in-house residential mortgage loans.
• Analyze, approve, deny, or modify loan requests for Mortgage Loan Officers.
• Review appraisals and UDCP findings; ensure documentation supports loan requests.
• Maintain compliance with federal regulations, FNMA, PMI guidelines.
• Communicate changes and updates to loan officers and processors; participate in audits.
• Assist in training monthly for the residential department; stay current with rule changes.

Connaissances

Underwriting analysis

Regulatory knowledge

Communication skills

Audit response

Multi-tasking

Formation

Associate’s degree

Outils

FNMA Desktop Underwriter

Microsoft Excel

Microsoft Word

Microsoft Office

Description du poste

Central Bank Illinois is seeking a Residential Mortgage Loan Underwriter to ensure secondary market loans meet FNMA and bank policies. You will analyze, approve or modify loan requests, review appraisals, and ensure proper documentation for funding.

The role requires strong regulatory knowledge and communication with loan officers and processors, plus ongoing adherence to audits and policy changes.