Summary: Underwrites residential mortgage loans, ensuring compliance with appropriate company and secondary market investor standards by performing the following duties.
Duties and Responsibilities include the following.
Reviews and evaluates information on mortgage loan documents to determine if buyer, property, and loan conditions meet applicable conventional investor program standards and represents an acceptable credit risk for the bank.
Approves or rejects the loan application or requests additional information.
Examines loan documentation such as AUS results, Income and asset documents, collateral related documents and other miscellaneous documents for accuracy and completeness.
Works with Mortgage Loan Officers, account executives and other parties related to the transaction to consider loan level scenarios, discuss conventional investor guidelines and secure all required documents.
Works with the quality control department to respond to conventional investor, mortgage insurance and general quality control review findings.
Authority to withdraw and decline loans.
Participates in training opportunities to remain current on various conventional investor guidelines
This job has no supervisory responsibilities.
Analytical and Design
Interpersonal Skills/Customer Service
Oral and Written Communication
Quality and Quantity
Attendance/Punctuality and Dependability
Qualifications To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
Education and/or Experience
High school diploma or GED equivalent required. Bachelor's degree (B. A.) from four-year College or university preferred but not required. A minimum of one year underwriting experience or two years' experience as a junior underwriter required.
To perform this job successfully, an individual should have knowledge of the Internet, Outlook, Microsoft Word and Excel. Ability to use basic office machines. Ability to learn bank-specific software such as MPC, IBS, ADP, etc.
Certificates, Licenses, Registrations
Has received and/or is working towards FHA Direct Endorsement Underwriter and/or VA Staff Approved Reviewer designations.
Bank Culture/Customer Service Skills
Ability and judgment to interact and communicate appropriately with other employees, customers and supervisor. Ability to serve customers, both internal and external, (community/public) in a manner that will reflect superior customer relations and enhance the overall marketing effort of Origin Bank.
Physical Demands While performing the duties of this job, the employee is frequently required to stand; sit; use hands to finger, handle, or feel and talk or hear. The employee is occasionally required to walk; reach with hands and arms; climb or balance and stoop, kneel, crouch, or crawl. The employee must frequently lift and/or move up to 10 pounds and occasionally lift and/or move up to 25 pounds. Specific vision abilities required by this job include close vision, distance vision and ability to adjust focus.
Work Environment The noise level in the work environment is usually moderate.
This job description reflects management's assignment of essential functions. It does not prescribe or restrict the tasks that may be assigned. Origin Bank shall, in its discretion, modify or adjust the position to meet the Bank's changing needs. This job description is not a contract and may be adjusted as deemed appropriate in the Bank's sole discretion
Job Location Houston, Texas, United States Position Type Full-Time/Regular
Community Trust Bank