First Mortgage Underwriter

What You'll Do The First Mortgage Underwriter role will be responsible for examining, evaluating, and underwriting all first mortgage applications to assess risk, financial stability, and confirm compliance with secondary market guidelines and regulatory requirements, rendering a credit decision while maintaining a high level of accuracy and efficiency. The position works directly with other departments to ensure compliance and department goals are met. This opportunity is open to flexible work options, including remote setup. Core Contributions Review and underwrite residential mortgage loan applications, including government, conventional, equity, and portfolio loans, in accordance with investor, regulatory, and credit union guidelines. Analyze borrower creditworthiness by evaluating income, assets, liabilities, credit history, property value, and risk factors. Ensure loan files are complete, accurate, and well documented prior to approval, suspension, or denial. Issue clear, well documented underwriting decisions and conditions. Review and assess property appraisals to support sound credit decisions while ensuring compliance. Communicate effectively with loan officers, processors, and closing staff to resolve questions and move files forward efficiently. Perform comprehensive reviews of condominium and co-op projects to determine eligibility, ensuring alignment with guidelines, overlays, and overall risk tolerance. Maintain compliance with federal and state regulations, including TRID, ECOA, HMDA, and fair lending requirements. Prioritize a pipeline and ensure completion of assigned tasks daily including purchases, contract dates and escalations. Participate in quality control reviews, audits, and post-closing reviews as needed. Contribute to continuous improvement of underwriting processes, tools, and service levels. Assess ineligible loan applications to identify and structure viable counter offer solutions aligned with underwriting guidelines and risk tolerance. Analyze loan documentation to prepare for executive loan review, identifying and documenting exception requests relative to guidelines and investor overlays. Additional job related projects and duties as assigned by management. Assets You Will Bring High school diploma or GED. Five years of experience utilizing DU and LP automated underwriting with working knowledge of FNMA, FHLMC, and industry guidelines and best practices. Strong understanding of state and federal laws pertaining to the mortgage banking industry (e.g., RESPA, TILA, ECOA) and real estate lending. Experience underwriting both FHA and VA preferred. Experience with Mortgage Cadence Platform preferred. Certifications: FHA Direct Endorsement (DE) Underwriter Certification and VA (SAR) preferred. Estimated salary: $40.42 - $48.50 per hour. Benefits Competitive 401(k) with matching. Tuition and fitness reimbursement programs. Flexible work options. Volunteer opportunities. Executive Water Cooler Chats. Clubs, sports, and social events. Food truck days. Equal Opportunity Employer 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. #J-18808-Ljbffr FourLeaf Federal Credit Union