The Underwriter is responsible for evaluating risk and making loan decisions based on existing underwriting guidelines and information and documentation provided in the loan file. 

Job Duties:

The Underwriter will be responsible for completing the following job duties. Reviews conditions on files within posted turn times

• Completes underwrite on files submitted to underwriting for approval within posted turn times
• Provides feedback on loan quality to the Underwriting Manager
• Mentors and develops processing staff and loan officers
• Maintains a unified voice with fellow underwriters on underwriting guidance
• Escalates files issues not covered in our guidelines to Underwriting Manager for guidance
• Communicates decisions to all internal parties
• Works jointly with co-workers to respond to concerns of quality on files, such as QC, PETR, NOR or audit/clarification requests from different managers or departments
• Stays up to date on changing rules and regulations pertaining to conventional and government-insured mortgages
• Meets the required KPI standards for the position (6 units per day based on weighted scale)
• Training as needed

This job description reflects management’s assignment of essential functions; and nothing in this herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time. 

Qualifications:

The following qualification are required of the Underwriter.

Education:

• A college degree with two years related experience and/or training. A combination of equivalent education and experience is acceptable.

Experience:

• Previous experience in the mortgage industry with understanding of underwriting

Skills:

• Customer service
• Time management
• Written communication
• Verbal communication
• Team player
• Able to multi-task
• Detail orientated
• Organizational
• Problem solving
• Independent Judgement