Junior Mortgage Underwriter

Job Description

Job Description

Description:

Join Our Team as a Junior Mortgage Underwriter
Location: State Street Branch – Saginaw, MI
Schedule: 40 hours/week

Jolt Credit Union is seeking a detail-oriented Junior Mortgage Underwriter who thrives in a fast-paced environment and is committed to delivering accurate underwriting decisions, maintaining regulatory compliance, and providing outstanding support to members and lending staff.

Why Join Jolt?

At Jolt, we’re more than just a credit union, we’re a community. Our employees are energetic, motivated, and dedicated to making a real impact for our members every single day. We believe every team member plays a key role in our success, and we’re committed to supporting your growth along the way.

What We Offer You

4 Competitive Medical Plan Options
Dental and Vision Insurance
401(k) with Employer Match
Flexible Spending Account(s)
Employee Assistance Program
Employee Wellness Program with Quarterly Bonus Incentives
Training, Growth Opportunities, and a Supportive Team Culture
Paid Time Off

About the Role

As a Junior Mortgage Underwriter , you'll evaluate and underwrite mortgage, construction, and HELOC loans while ensuring compliance with investor and regulatory guidelines. You'll also support mortgage closings, coordinate with third-party vendors, and assist in selling eligible loans on the secondary market.

The Junior Mortgage Underwriter plays an important role in delivering an exceptional member experience while maintaining sound lending practices and regulatory compliance.

Key Responsibilities:

• Underwrite conventional mortgage loans according to conforming investor guidelines.
• Underwrite portfolio mortgages, construction loans, and HELOCs according to credit union policies.
• Review mortgage modifications and HELOC rewrites upon maturity.
• Prepare and review loan documentation for accuracy and compliance prior to closing.
• Coordinate mortgage closings with members, title companies, and other parties.
• Enter and maintain loan information within the Loan Origination System (LOS) and Symitar.
• Disburse approved mortgage loans.
• Order appraisals, title insurance, surveys, flood certifications, inspections, and other required documentation.
• Sell eligible mortgage loans to approved secondary market investors.
• Communicate with investors and agencies including Fannie Mae, Freddie Mac, FHLBI, MSHDA, and approved PMI companies to ensure loan salability and insurability.
• Answer member inquiries by phone and in person, assist with appointments, and provide exceptional member service.

What you Bring to the Team:

• High school diploma required.
• Minimum 3 years of mortgage underwriting experience.
• Experience underwriting residential mortgage loans.
• Proficiency with Microsoft Outlook and standard office software.
• Experience using mortgage lending and loan origination systems.
• Ability to obtain and maintain Nationwide Mortgage Licensing System (NMLS) registration, if required.

We value people who are:

Energetic
Motivated
Empathetic
Committed to community service

If that sounds like you, you'll feel right at home here.

Requirements: