Mortgage Loan Underwriter, South Bend, IN

Mortgage Loan Underwriter, South Bend, IN

Job Category: Mortgage Requisition Number: MORTG004257

Posted: June 15, 2026

Full-Time

On-site

South Bend Main Office 100 N Michigan St South Bend, IN 46601, USA

Job Details

Description

POSITION SUMMARY: Responsible for underwriting residential loans ensuring compliance with lender and investor guidelines. Examines loan documentation for accuracy, completeness and overall credit risk. Works with loan originator or production staff to secure all required documents.

ESSENTIAL REQUIREMENTS:

• Underwrites FHA, VA, USDA and Conventional loan applications ensuring adherence to company, agency and investor guidelines.
• Underwrites the collateral to include contract and appraisal review for FHA and VA loan applications.
• Analyzes mortgage loan files to include income and asset documentation, credit reports, and required disclosures to ensure compliance with applicable Federal and state regulations, and company policies.
• Ensures all required documentation has been received and completed properly.
• Approves loans according to investor and Bank guidelines up to investor conforming limits and makes recommendations for loan approval by Senior Management when limits are exceeded. Determines the outstanding conditions needed prior to closing, reviews the conditions and clears the loan to close.
• Provides support to Loan Officers, Processors and Closers throughout the process of the loan.
• Ensures timely response and follow-up to Quality Control (QC), internal and post-closing audits, and investor audits or requests.
• Keeps up to date on investor and regulatory guidelines, policies, procedures and changes that affect mortgage underwriting.
• Responsible for the completion of all compliance training related to the position.
• Must understand all applicable laws and regulations that apply to the position and complies with the requirements.

NON-ESSENTIAL FUNCTIONS:

• Performs all other duties as assigned.

EXPERIENCE/SKILLS:

• Five (5) years in mortgage lending preferred, two (2)-three (3) years minimum front-line underwriting experience also preferred.
• Self-motivated, ability to work in a fast-paced, high volume environment, while practicing sound lending judgment.
• Ability to understand and calculate a wide variety of income and asset holdings, including analyzing tax returns and other complex financial documentation.
• Ability to communicate effectively, both verbally and written.
• Detail oriented with excellent organizational skills.
• Readily embraces change.
• Good PC skills --proficiency in Microsoft Word and Excel essential.
• Strong quantitative and analytical skills.

EDUCATION:

• Bachelors' Degree preferred. FHA Direct Endorsement Certification and VA LAPP preferred but not required depending on the degree of conforming underwriting experience

TRAVEL REQUIREMENTS: Ability to travel as needed for meetings, projects, seminars, etc.

PHYSICAL DEMANDS: The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals to perform the essential functions.

While performing the duties of this job, the employee is required to sit, stand and walk; use hands and fingers to operate keyboard and other office equipment; reach with hands and arms; and talk or hear. The employee is occasionally required to stoop or kneel. The employee may occasionally lift and/or move up to 10 pounds.

EQUIPMENT: MS Office PC, fax, phone and standard office equipment.

Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.