Mortgage Underwriter CUHMS

Home Loan Center Underwriter is responsible for reviewing, analyzing, approving and apply sound underwriting of individual loan requests and products within company and industry guidelines.

Responsibilities includes reviewing financial statements, credit reports, and applicable ratios; evaluating; examining transactions to ensure accuracy and completeness; ensuring that documents are consistent and uphold company and industry guidelines; implementing fraud detection techniques, performing compliance reviews; offer solutions and counter-offers of loans based on lending guidelines; explaining rationale behind credit decision.

May provide work direction and/or training to lower level team members.

Meet targets for productivity, quality and member-partner service expectations.+ Review and audit loan files for completeness and accuracy, analyzing credit documents, including, but not limited to, mortgage applications, credit history and income documents, title documents, appraisals and all applicable compliance documents.+ Make sound underwriting decisions.

Evaluate debt ratio, loan-to-value ratios, credit score, property valuation and various other factors.

Determining and documenting loan conditions and communicating requirements and/or decisions.+ Adhere to all secondary market and lender policies and procedures, in addition to Federal, State, and/or municipal laws and regulations; including second look policies+ Identifies risks of underlying business practices, underwriting, and/or fraud exposure.+ Ensure loan package complies with all credit union, investor, RESPA, HMDA, Fair Lending, ECOA, policies, procedures, rules and regulations.+ Effectively communicate underwriting decisions and conditions verbally and in writing+ Review conditions of approval to ensure acceptability to investor policies and procedures+ Ensure final DU, loan application, and underwriting transmittal are accurate.+ Identify and resolve loan deficiencies in a timely fashion.

Seek supervisor or management assistance as needed.+ Makes a concentrated effort to provide solutions to loan qualifications and present counter-offer terms when appropriate+ Actively support the decisions and respect the knowledge of supervisors and colleagues by sharing information about the department, business unit, organization and the underwriting industry.+ Participate in identifying potential challenges within the underwriting process and/or department and makes recommendations for changes to improve.Other duties, as assignedEducation and Experience:
· Minimum of a High School diploma or equivalent.
· Minimum 5 years mortgage underwriting experience; recent experience during the past 12 months required
· Maintain knowledge of all applicable underwriting policies and guidelines and industry rules and regulationsKnowledge, Skills and Abilities:
· Expert knowledge of mortgage products, industry regulations, and underwriting policies and procedures required.
· Ability to analyze and interpret financial information, including personal and corporate returns
· Ability to handle multiple tasks simultaneously in a fast paced, diverse and growth-oriented environment
· Excellent verbal and written communication skills.
· Excellent interpersonal skills.
· Strong analytical and problem solving skills; ability to solve complex problems and determining best course of action.
· Extreme attention to detail and ability to locate and anticipate potential problems-errors
· Excellent ability to manage time effectively, plan ahead and meet deadlines.
· Ability to work under pressure, good organizational skills and prioritizing ability to meet service standards and deadlines.
· Ability to learn and adapt to market and underwriting changes quickly
· Self motivated and high producer; ability to work independently and as a team with minimal supervision.
· Mental ability to effectively handle complaints and employee relations conflicts.
· Present a positive and professional image to all employees and members.
· Ability to use technical resources.
· Ability to use a personal computer, proficient in teaching operational tasks both on and off a computer.
· Ability to perform mathematical calculations and collect and analyze data.
· Ability to effectively and efficiently manage multi-task duties.
· High commitment to excellent service levels and satisfaction of members-partners is critical to success and meeting deadlines
· Ability to work long and flexible hours during high volume periods
· A thorough understanding of the real estate loan function, including secondary market requirements, pricing, and compliance
· Ability to manage a complex function and set production target goalsPhysical Considerations:CU Home Mortgage Solutions is committed to working with its employees to reasonably accommodate them with the physical aspects of the position.

The following is a list of physical considerations that are normally encountered in this job:
· Position requires the ability to effectively and efficiently communicate with a diverse field of membership and staff.
· Position requires the ability to sit or stand for long periods of time.
· Position requires the ability to work on computers for a long period of time in an office environment.
· Position requires the ability to be issued and maintain a valid notary certification.
· Position requires flexibility of overtime hours during high volume periods.Washington is an At-Will Employment StateYour employment is “at will”, meaning you are free to resign at any time, for any reason, with or without notice.

CU Home Mortgage Solutions is also free to conclude the employment relationship with you at any time, for any reason, with or without notice.No statement or promise by a CU Home Mortgage Solutions representative or board member may be interpreted as a change in the “at will” policy, nor would it constitute an employment or other contractual agreement.ID: 2021-1070 External Company Name: Harborstone Credit Union External Company URL: www.harborstone.com Street: 11027 Meridian Ave N Post End Date: 4/30/2021 Telecommute: Yes