M&T Bank: Mortgage Originator

At WSFS Bank, we empower our Associates to grow their careers, guide our customers to secure their financial futures, and actively support our Communities so they can fully thrive. Careers with WSFS Bank offer an inclusive and supportive culture, competitive salaries, advancement opportunities, and more. We are the region's locally headquartered bank and wealth management company. We are honored to consistently be named a Top Workplace by our Associates, who make a difference every day for the people, businesses, and Communities we serve. We Stand For Service® is more than part of our name, it's our mission and our purpose.

The Mortgage Loan Underwriter II is responsible for underwriting residential mortgage loans in accordance with Fannie Mae, Freddie Mac, FHA, WSFS Bank policy, and WSFS Mortgage investor guidelines. This role includes underwriting loans within WSFS Bank's portfolio product offerings. In addition, this role involves reviewing, analyzing, and making credit decisions on mortgage loan applications while ensuring compliance with all applicable bank policies, as well as federal and state regulations, within assigned approval authority. The Mortgage Loan Underwriter II is expected to meet established service level agreements and monthly production goals. In addition, the incumbent will serve as a resource to less experienced underwriters, providing guidance and mentorship to support team development.

Caluculate income from salaried and self-employed borrowers, qualifying ratios and other relevant loan calculations.

Evaluate loan applications for Conventional (Fannie Mae/Freddie Mac) products.

Make final loan decisions or recommend approval/denial based on analysis of risk and compliance with program guidelines.

Ensure underwriting decisions adhere to agency, investor, and regulatory guidelines, including TRID, RESPA, TILA, and QM/ATR rules.

Respond to post-closing and quality control audits, resolving any deficiencies or conditions.

Assist Loan Originators and Loan Processors with underwriting related questions, income calculations and guidelines.

Assist with the training and mentoring of junior underwriters.

Collaborate with processing and origination teams to improve loan quality and increase efficiency.

Support pipeline management by prioritizing loans based on closing timelines.

Bachelor's degree in finance, business, or a related field preferred.

Must have 4-8+ years of underwriting experience with credit authority.

Encompass) and Microsoft Office Suite.

Proven track record of managing an underwriting pipeline of 30-35 loans.

Deep understanding of mortgage lending regulations and risk assessment.

Strong analytical skills including the ability to read and assess individual and company financial statements, cash flow, credit reports, and other financial documentation.

WSFS Bank will only consider candidates who are presently authorized to work for any employer in the United States and who will not require work visa sponsorship from WSFS Bank now or in the future in order to retain their authorization to work in the United States.

In addition to base salary, WSFS Financial Corporation (WSFS) and its subsidiaries may offer eligible Associates discretionary and formula-based incentive and retention awards. WSFS provides a competitive benefits package, which includes medical, dental, and vision coverage; life, accident, and disability insurance; flexible spending accounts (FSAs) and health savings accounts (HSAs); Additional benefits may include paid parental leave, military leave, vacation and other paid time off, sick leave in accordance with applicable state laws, and paid holidays. Benefit offerings are subject to eligibility requirements, legal limitations, and may vary based on an Associate's location and employment status. WSFS Bank is inclusive and supportive of individual needs. If you have a physical or other impairment that might require an accommodation, including technical assistance with the WSFS Bank Careers website or submission process, please contact us via email at View email address on click.appcast.io do not discriminate based upon race, religion, color, national origin, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gender expression, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.