Underwriter

Rhode Island Commerce; Dayton (OH); On-site; USD 60,000 - 80,000; Full time

Job summary

Union Savings Bank is seeking a Mortgage Underwriter to evaluate loan applications, assess borrower creditworthiness, and ensure compliance with lending standards. The role involves reviewing income, assets, and property data while collaborating with loan officers and processors across a broad portfolio.

You will verify documentation, assess risk, and make informed decisions on approvals, suspensions, or denials, supporting responsible lending and risk management within our regulated framework.

Qualifications

• Bachelor’s degree preferred; strong analytical and credit assessment skills required.
• Experience in mortgage underwriting and regulatory guidelines expected.
• Solid understanding of federal mortgage regulations and compliance standards.

Responsibilities

• Evaluate borrower credit reports, income, debts and assets to assess risk and loan eligibility.
• Verify employment and income details for loan applications.
• Review property appraisals to confirm loan-to-value ratios and compliance.
• Make underwriting decisions—approve, suspend, or deny—based on risk and guidelines.
• Ensure thorough reviews of mortgage application packages.
• Collaborate with loan officers, processors, brokers and internal teams.
• Escalate complex or high-risk cases to management when needed.

Skills

Analytical skills

Customer service

Communication skills

Attention to detail

Time management

Organizational skills

Problem-solving

Team player

Education

Bachelor’s degree in Business Finance Economics or related field

High school diploma or equivalent

Experience in mortgage underwriting/banking/financial services

Job description

• Location 5651 Far Hills Avenue,Dayton, OH, 45429,United States

Contact information

• Phone [phone]
• Email [e-mail]

Description

Company Description

Since our founding in 1904, Union Savings Bank has proudly served local communities by promoting responsible home ownership through sound lending practices. Headquartered in Cincinnati, Ohio, we operate over 40 full-service branches and lending offices across Ohio, Indiana, Kentucky, and Pennsylvania.
Union Savings Bank is an Equal Opportunity Employer.

As a Mortgage Underwriter at Union Savings Bank, you will play a key role in evaluating loan applications and determining borrower eligibility based on creditworthiness, income, assets, and property evaluations. Your work ensures that all loans meet regulatory and internal policy standards while supporting responsible lending and risk management.

Key Responsibilities

• Evaluate borrower credit reports, income documentation, debts, and assets to assess risk and loan eligibility.
• Verify accuracy of all information provided in loan applications, including employment and income sources.
• Review property appraisals and other collateral documentation to confirm loan-to-value ratios and ensure compliance with lending requirements.
• Make informed underwriting decisions—approve, suspend, or deny loan applications—based on risk assessment and lending guidelines.
• Complete thorough and accurate reviews of mortgage application packages.
• Collaborate with loan officers, processors, brokers, and internal departments to resolve documentation issues or application discrepancies.
• Escalate complex or high-risk applications to management when necessary.

Education & Experience

• High school diploma or equivalent required; Bachelor’s degree in Business, Finance, Economics, or a related field preferred.
• Prior experience in mortgage underwriting, banking, or financial services is preferred.
• Strong analytical skills, with the ability to assess both qualitative and quantitative data.
• Solid understanding of Conventional loan and non-conforming guidelines
• Working knowledge of federal mortgage regulations and compliance standards (e.g., RESPA, TILA).
• Strong customer service and communication skills.

Core Competencies

• Exceptional attention to detail and accuracy
• Strong organizational and time management skills
• Effective problem-solving and decision-making abilities
• Clear written and verbal communication skills
• Self-motivated and dependable
• Collaborative team player

Please note this job description is not designed to cover or contain a comprehensive list of activities, duties or responsibilities that are required for this position. Duties, responsibilities and activities may change at any time; with or without notice.

Union Savings Bank is an Equal Employment Opportunity and Affictive Action Employer and will make all employment-related decisions without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status.