Senior Mortgage Underwriter, Winchester Co-operative Bank
Full Job Description
POSITION SUMMARY: Underwrite mortgage loans to Bank and/or secondary market guidelines and ensure compliance with regulatory requirements. Analyze financial information and collateral documentation to ensure strong and compliant underwriting decisions. Maintain a constant working knowledge of Secondary Market Underwriting Guidelines. Make appropriate lending decisions to recommend loans for approval, decline, counter offer or suspend applications as necessary, adhering to Bank and/or secondary marketing guidelines. Work closely with processing staff and mortgage loan officers to ensure all required documentation is obtained, reviewed and acceptable.
Position requires at least 2-3 years of recent experience in Residential Mortgage loan underwriting and a strong knowledge of secondary market requirements and FHLMC loans. Encompass LOS experience, construction lending knowledge, and MHP One Mortgage familiarity are all a plus but not required. Supervisory experience required for Senior Underwriter position. Excellent verbal and written communication skills along with strong analytical and problem solving skills are a must.
- Bachelor's (Preferred)
- Fair Housing Regulations: 2 years (Preferred)