The Mortgage Underwriter evaluates loan applications by industry and business unit standards to support the extension of credit for residential and residential construction loans based on agency and investor guidelines. The individual also gathers information to make sound credit decisions through automated scoring systems or traditional underwriting using independent judgement and knowledge to ensure that the portfolio meets risk, regulatory, and quality standards.

• Maintains primary responsibility for the accuracy and complete analysis of financial and credit information to support the extension of credit for residential and residential construction loans
• Applies and maintains expert knowledge of product, regulatory and risk mitigation criteria
• Justifies, documents, and communicates loan decisions and risk levels
• Completes reports pertaining to Mortgage Loans including but not limited to credit bureau reporting and secondary market investors through direction of the Mortgage Operations Manager
• Resolves title issues and survey irregularities as the arise
• Assists customers in person, by telephone, by mail, and on the web
• Conducts audit and quality processes and reports to management on timely responses to loan processing requests and related matters
• Position subject to SAFE Act registration requirements
• Position will office in either Plano or Terrell, TX

Qualifications:

• Bachelor's Degree - preferred
• 5 years of residential Mortgage underwriting experience demonstrated qualifying experience in a mortgage or financial institution; working knowledge of laws, regulations, policies and procedures governing Banking and pertaining to residential Real Estate, including RESPA, TILA, ECOA and HMDA requirements
• Position requires registrations with the National Mortgage Licensing and Registry (NMLS)
• Preferred FHA underwriting experience

Skills:

• Working knowledge in the use of MS Excel and Word; basic keyboarding and calculator skills; must be able to perform simple math and carry out written instructions
• Work occasionally requires more than 40 hours per week to perform the essential functions of the job
• Lifting in an office setting up to 30lbs.