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.


  • 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


  • DE(FHA) and LAPP (VA) designations

  • Bachelor's degree

Location:Indianapolis, Indiana


icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Mortgage Originator Indianapolis

First Financial Corporation Indiana

Posted 3 weeks ago

VIEW JOBS 4/2/2019 12:00:00 AM 2019-07-01T00:00 First Financial Bank Job Description Job Title Mortgage Originator Status Hourly Reports To Residential Lending Manager Summary Originates first mortgage loans, promotes the financial institution and its products and services to the real estate community and helps to identify and serve the community's financial needs through home loan counseling, real estate agent seminars and sales meetings, and by participating in and promoting First Financial Corporation's community activities. To increase the FFC's presence and competitiveness within a targeted market while ensuring high quality customer service and maximum profitability. Primarily assigned to originate loans in the Terre Haute market. However, may be deployed to other regions as needed. Typical Job Entry Requirements (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.) * Minimum two years banking experience with an emphasis on mortgage lending. * Familiarity with mortgage loan documents and mortgage loan processing. Bachelor's Degree in Business Administration, Finance, Economics, Accounting, or Liberal Arts preferred, but not required. * Good oral and written communication skills in order to effectively communicate with customers and real estate agents. * Ability to work in a fast-paced environment and handle multiple tasks is required. * Ability to read and comprehend training materials, financial institution communications and related loan manuals. * Ability to learn and follow policies regarding the lending process. * Strong customer service, sales, organizational and interpersonal skills also required. PRIMARY ACTIVITIES (Essential Duties and Responsibilities include the following. Other duties may be assigned. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.) * Meets or exceeds loan portfolio, fee income and any other production goals as defined by supervisor. * Solicit first mortgage loans within market areas. Informs prospective loan clients of FFC's underwriting guidelines and applicable government regulations. * Personally interviews all loan applicants. * Completes each loan application and all pre-processing functions in a timely manner to permit the good faith estimate to be mailed within the required time period. * Screens loan requests based on the bank's policies and on types of loans offered. * Works with processing team to ensure ordering of appraisals, credit reports, appropriate background or other information as needed on residential loan applicants. * Maintains familiarity with new legislation and regulations that may affect residential lending policies and/or products. Ensures compliance with new rules by implementing appropriate changes. * Personally answers incoming telephone calls and schedules appointments. * Communicates complex approvals and denials to the borrower, real estate agent or builder. * Maintains and submits a source-of-business or other requested business development log within required timeframe to supervisor. * Distributes market data, rate flyers, and general loan information to real estate community as directed by management. * Promotes and participates in the bank's special credit programs and other CRA programs. * Actively participates in local business and community activities and maintains close contact with local builders, real estate agents, customers and prospects. * Cross-sells other bank products as required by management. * Assists target area banking centers with Saturday hours for loan processing as needed. * Assists in other regional locations as directed by supervisor. * Any other duties as assigned. Key Behaviors * Provides Proper Telephone Etiquette to Internal/External Customers * Services Internal/External Customer Requests/Inquiries * Reviews Required Documentation for Accuracy and Completeness * Recognizes and Follows Through on referral Opportunities * Personal Development as Established with Manager SAFE ACT This position requires compliance with the SAFE Act Mortgage Licensing Act of 2008 and all related regulations. Ongoing employment is contingent upon meeting all such requirements, including acceptable background investigation results Bank Secrecy Act * Maintain sufficient knowledge and understanding of the Bank Secrecy Act, Anti-Money Laundering/Anti-Terrorist Financing/PATRIOT Act and OFAC regulations * To be able to fulfill applicable requirements and responsibilities under the bank's related policies and programs. Competency / Skill Level (The behaviors, knowledge, and motivations important to success in the job.) * Written and Oral Communication skills * Persuasiveness/Sales Ability * Initiative * Customer Service Orientation * Problem Assessment and Solving Skills * Attention to Detail * Technical/Professional Knowledge Critical Job Elements * Generally good working environment with little exposure to noise, extreme temperatures or other adverse factors. * Ability to drive required. * Limited physical effort required. * Above average energy level required. * Above average amount of pressure to work efficiently and accurately. * Considerable effort and eye strain from continued checking on the accuracy of all work leaving department. * Above average mental effort consisting of beyond normal levels of concentration, memory, complexity of decision making, time pressure, analytical thinking. First Financial Corporation is an Equal Opportunity, Affirmative Action Employer and Does not discriminate in recruitment, hiring, training, promotion or other employment practices for reasons of age, race, color, religion, national origin, sex, disability, medical condition, veteran status, marital status, sexual orientation, genetics, or any other non-job related factor. We value the contribution that the diversity of our applicants can bring. Other details * Job Family IB * Pay Type Hourly * Required Education High School * Indianapolis, IN, USA First Financial Corporation Indiana Indianapolis IN

Mortgage Underwriter - Indianapolis

Regions Financial Corporation