Mortgage Underwriter - Indianapolis

Regions Financial Corporation Indianapolis , IN 46218

Posted 4 weeks ago

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored for a set period of time. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Mortgage Underwriter is responsible for evaluating and approving/denying loan applications in a timely manner according to investor guidelines.

This position requires the tracking of time and is eligible for overtime under the non-exempt FLSA classification for hours worked in excess of 40 per week.

Primary Responsibilities

  • Review file for data integrity to certify accuracy of Automated Underwriting findings

  • Review the underwriting conditions and re-run the Automated Underwriting, if applicable

  • Compare file submitted to program guidelines thus making sure Loan-to-value, FICO, Debt-to-income, etc. complies with guidelines

  • Check the appraisal for accuracy and completeness

  • Make sure the appraisal meets investor guidelines and supports value

  • Communicate underwriting decision and explain reasons for conditions in the Empower system

This position is incentive eligible.

Requirements

  • High school diploma or GED

  • Five years of underwriting or credit review

  • Knowledge of agency and investor guidelines and regulations

  • Knowledge of sales contracts, applications and loan appraisals

  • Detail oriented

  • Good problem solving skills

  • Good organization and communication skills

  • Ability to meet timelines

Preferences

  • DE(FHA) and LAPP (VA) designations

  • Bachelor's degree

Location:Indianapolis, Indiana

EEO/AA/Minorities/Females/Disabled/Veterans


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Mortgage Underwriter - Indianapolis

Regions Financial Corporation