Mortgage Underwriter jobs in Pennsylvania
Recently Added Mortgage Underwriter jobs
Residential Mortgage Underwriter
- Brentwood Bank
-
Bethel, PA
FULL_TIME
-
Summary of Basic FunctionThe Mortgage underwriter is responsible for approving or disapproving loan applications and determining if the client has the capacity to repay the mortgage loan. This position will underwrite mortgage loans ensuring compliance with appropriate company, regulatory agencies, and secondary market investor guidelines. Examines loan documentation for accuracy and completeness and works with Mortgage Loan Officers and Mortgage Department staff to secure all required documentation. Accept and complete residential and consumer loan applications for processing. Maintain accurate and complete loan files in compliance with federal and state laws and regulations and bank policies and procedures. The Mortgage Underwriter will review all credit, asset, income, and collateral documentation to produce a sound credit decision based on Brentwood Bank policiesEssential Duties and Responsibilities
- Will maintain a NMLS number in order to originate applications.
- Review mortgage loans to ensure accuracy and completeness, validate findings to verity that all information matches. Work with team to address any deficiencies found to eliminate future issues and provide training and education on any deficiencies found.
- Ensure that all fair lending and compliance policies are followed both in dealings with customers, as well as the underwriting decisions that are made.
- Will be knowledgeable in regulations/ATR (ability to repay) during the underwriting process.
- Will verify employment along with income information, provide reviews on credit history and compute the borrower’s assets and collateral.
- Ensure that the specifications of properties and terms of loans meet the requirements of the financial institution and with the government regulations.
- Assist branch staff with loan applications.
- Communicates with branch staff and loan officer to ensure application information is complete and accurate.
- Obtains and analyzes credit, employment profile, credit strength, property characteristics, and all other information pertinent to the credit decision on each mortgage application.
- Select required conditions on each deal to be satisfied prior to funding and input information into the system.
- Verify accuracy of supporting employment, down payment, appraisal, and financial documentation received.
- Review documentation for compliance with internal and regulatory guidelines.
- Correspond with processors to get outstanding documentation needed to complete requirements per the commitment.
- Prioritize deals in Workflow queue in order to minimize turnaround time.
- Calculates debt-to-income and loan-to-value ratios.
- Must maintain working knowledge of Encompass loan system functionalities.
- Prepares commitment letter or adverse action notice based on loan decision.
- Provide a superior customer experience to all internal and external customers.
- Represent and promote favorable image and uphold the reputation through involvement in community activities.
- PREFERRED BUT NOT REQUIED: Experience and knowledge of underwriting secondary market residential loans
- Knowledge of underwriting secondary market residential loans in compliance with Agency guidelines, regulations and bank policies and procedures. This includes reviewing loan applications, analyzing applicants’ financial status, credit reports, title insurance commitments, property appraisals and applicable legal documents.
- Monitor all secondary investors, government, and MI guideline changes and determining effect on current and future loans ensuring compliance for all functions for the bank with examiners, auditors, secondary market.
- Work with secondary market investors on any post-closing issues or audits.
- Other duties as assigned.
Knowledge, Skills, Abilities and Requirements- Bachelor’s degree in business, banking, finance, or any related field is preferred.
- Three to five years previous underwriting experience; mortgage lending; conventional, purchase and construction preferred.
- Prior experience and knowledge of Encompass Loan Origination System.
- Proven analytical skills, report writing skills and thorough attention to detail.
- Strong verbal and written communication and analytical skills.
- Demonstrated ability to resolve complicated issues as they arise.
- Proven organizational skills and demonstrated ability to prioritize and multi-task.
- Self-directed. Ability to work autonomously, to prioritize work and to meet deadlines.
- Strong MS Office Suite, and Mortgage Origination Systems.
- Job requires the ability to see fine print on printed material as well as small lettering on a computer screen.
- Job requires the ability to hear and listen to customers in person and on the telephone and clearly communicate with the customer.
- Job requires; keystroke finger abilities, bending or stretching for short periods of time and general minimal lifting to 30 lbs.
- Job may require working evenings and Saturdays. Job may require local travel between branches or offsite travel for training.
BenefitsAt Brentwood Bank, we know that great people make a great organization. We value our people and offer our employees a broad range of benefits to support wellness for individuals and families.Our People and CultureBrentwood Bank is committed to a diverse, equitable, and inclusive culture that empowers our people contribute their unique ideas and perspectives to make a difference. Brentwood Bank creates a strong relationship within the communities we serve and will continue to contribute our time, talent, and financial support to improve the areas where we live and work. Here, you will work alongside company leaders and industry pioneers who have proven experience and are committed to continuous innovation. Employees feel valued in all aspects of their lives, including both their professional and personal aspirations. We are looking to hire the best and brightest to help us continue to evolve and drive superior services.Professional DevelopmentFrom entry-level employees to senior leaders, we believe there is always room to learn. We offer opportunities to build new skills, take on leadership opportunities, and grow connect through mentorship. From on-the-job training to formal development programs, our professionals have a variety of opportunities to continue to grow throughout their career.
The intent of this job description is to provide a representative summary of the major duties and responsibilities performed by incumbents of this job. Incumbents may be required to perform other tasks, which are within their abilities other than those specifically presented in this document. - 20 Days Ago
Underwriter
- Innova Solutions
-
Philadelphia, PA
CONTRACTOR
- Innova Solutions is immediately hiring for a Underwriter. Position type: Full time/Contract Duration: 12 Months Location: Philadelphia, PA As a Underwriter, you will: · Prepare and review various rati...
- 7 Days Ago
Underwriter
- Highmark Inc.
-
Remote Position, PA
FULL_TIME
- Company : Highmark Inc. Job Description : JOB SUMMARY *****Bachelor's Degree in Mathematics, Actuarial Science, Finance, Business, Computer Science or other quantitative analysis discipline***********...
- 4 Days Ago
Underwriter
- Shift4
-
Center, PA
FULL_TIME
- Position Overview This role is for a detail-oriented and proactive Underwriter who thrives in a fast-paced environment. You'll be the gatekeeper of Shift4's merchant success, ensuring smooth onboardin...
- 5 Days Ago
Underwriter
- Kiavi
-
Pittsburgh, PA
FULL_TIME
- Kiavi is one of the nation’s largest private lenders to residential real estate investors (REIs). We harness the power of data & technology to offer our customers a simpler, more reliable, and faster ...
- 5 Days Ago
Underwriter
- Shift4
-
Center, PA
FULL_TIME
- Position Overview This role is for a detail-oriented and proactive Underwriter who thrives in a fast-paced environment. You'll be the gatekeeper of Shift4's merchant success, ensuring smooth onboardin...
- 5 Days Ago
Mortgage Underwriter jobs at Popular Companies
Underwriting Manager
- Confidential
-
Plymouth, MI
- Job description The Manager of Underwriting will plan, direct, coordinate, and oversee activities for developing and exe...
- 4/16/2024 12:00:00 AM
Mortgage Loan Officer
- PROGRESSIVE LENDING SOLUTIONS
-
Saint Paul, MN
- Job Description Job Description Looking to advance your career in a fast paced, high paying and rewarding industry that ...
- 4/16/2024 12:00:00 AM
Bilingual Mortgage Loan Officer
- Founders Federal Credit Union
-
Charlotte, NC
- Job Description Job Description Relax... Join our Team! Founders Federal Credit Union helps our members attain their fin...
- 4/15/2024 12:00:00 AM
Mortgage Underwriter
- SolomonEdwards
-
Plano, TX
- Position Summary The Mortgage Fulfillment Underwriter ensures that the assets reviewed meet all applicable investor guid...
- 4/14/2024 12:00:00 AM
Mortgage Underwriter
- SolomonEdwards
-
Tampa, FL
- Position Summary The Mortgage Fulfillment Underwriter ensures that the assets reviewed meet all applicable investor guid...
- 4/14/2024 12:00:00 AM
Remote DE 203k/VA Underwriter
- National Mortgage Staffing
-
Tampa, FL
- Full-Time Experienced Mortgage Underwriter-CHUMS ID AND VA Designation Required National Mortgage Staffing is currently ...
- 4/13/2024 12:00:00 AM
Table Funding Mortgage Underwriter
- Wheeler Staffing Partners
-
Tampa, FL
- Wheeler Staffing Partners is seeking a highly skilled and experienced Table Funding Mortgage Underwriter to join our cli...
- 4/12/2024 12:00:00 AM
Loan Origination Call Quality Review Specialist
- Millennium Group
-
San Antonio, TX
- Job Description Job Description We are seeking a Loan Origination Call Quality Review Specialist for a client in San Ant...
- 4/12/2024 12:00:00 AM
About Pennsylvania
Pennsylvania (/ˌpɛnsɪlˈveɪniə/ (listen) PEN-sil-VAY-nee-ə), officially the Commonwealth of Pennsylvania, is a state located in the northeastern and Mid-Atlantic regions of the United States. The Appalachian Mountains run through its middle. The Commonwealth is bordered by Delaware to the southeast, Maryland to the south, West Virginia to the southwest, Ohio to the west, Lake Erie and the Canadian province of Ontario to the northwest, New York to the north, and New Jersey to the east.
Pennsylvania is the 33rd-largest state by area, and the 6th-most populous state according to the most recent of...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
Income Estimation for Mortgage Underwriter jobs
$64,567 to $86,907
Most Popular Cities in Pennsylvania for Mortgage Underwriter Jobs
What does a Mortgage Underwriter do?
Mortgage Underwriter
Planning/Organization – Ability to prioritize and plan work activities, use time efficiently and develop realistic action plans, work independently, and set expectations.
March 15, 2023
Mortgage Underwriter in Springfield, IL
Complete a thorough analysis of moderate to complex first- and second-lien loan packages to determine compliance with company and investor guidelines.
April 06, 2023
Mortgage Underwriter in Southfield, MI
Lead efforts to follow up and obtain items need to clear underwriting conditions.
May 09, 2023