Home Loans Underwriter (NOLA) (Finance)
We are seeking a Home Loans Underwriter for the New Orleans Home Loan Closing and Underwriting Department.
The role of the Home Loans Underwriter is to analyze, assess and decision mortgage loan applications for Credit Human Home Loans in accordance with Credit Human lending guidelines, secondary market guidelines, as well as state and federal regulations. The incumbent must stay abreast of internal lending policies, practices, guidelines, lending systems and products, as well as external regulatory and economic environments. The role is responsible for the review of all loan documentation to ensure accuracy, completeness and compliance with internal, regulatory, mortgage insurance and investor guidelines in order to render loan decisions in a timely, accurate manner.
If you have significant mortgage industry experience, you should apply right away!
Highlights:
- Act as the subject matter expert in the area of determining credit and collateral risk
- Provide support and general direction to underwriters within authority prescribed by the Portfolio Manager
- Support and assist the Portfolio Manager in ensuring established performance and customer service goals are met by monitoring and facilitating daily workflow of underwriting activities
- Review and underwrite processed loan files to determine applicant's financial status and to evaluate credit and property eligibility
- Support Home Loan Leadership in development and implementation of new processes and procedures that increase department efficiency
- Continually enhance product knowledge with respect to credit union, mortgage insurance, and secondary market guidelines through regular attendance of internal and external educational learning seminars and webinars
Experience:
Required
- 4 years of experience in the mortgage industry
Preferred
- 3 years of mortgage underwriting experience including conventional underwriting
- FHA and VA underwriting experience including DE and LAPP designations
- Encompass systems experience
Education:
Required
- High school diploma or equivalent
Preferred
- Bachelor degree in business or related field
Licenses & Certifications:
Required
- Requires eligibility to be registered as a Mortgage Loan Originator (MLO) with the National Mortgage Licensing System (NMLS) and Registry
Preferred
- NMLS registered
Skills & Knowledge:
Required
- Knowledge of credit and collateral underwriting guidelines, rules and regulations governed by state and federal agencies
- Knowledgeable in real estate underwriting principles to include secondary marketing automated underwriting engines
- In depth knowledge of Fannie Mae Guidelines, DU® guidelines and risk assessment tools used to decision mortgage loans
- Ability to effectively communicate credit decisions
- Ability to use sound judgment and possess strong decision-making skills
- Strong analytical, problem solving and audit skills
- Strong organization skills and results orientation
Schedule: Monday-Friday, 8:30 am-5:30 pm
Level of Work: 2C
Credit Human provides employees with many benefits from insurance coverage to college tuition reimbursement.
To get to know Credit Human and learn more about our benefits, visit our careers page at www.credithuman.com/careers.
Credit Human conducts employment background checks that may be used for decisions related to employment with Credit Human. Standard background checks performed on final candidates include NCUA Administrative and Prohibited Orders, ChexSystems, past employment verification, criminal history checks on convictions, and outstanding arrest warrants within the past seven years. Degree verifications are conducted if listed on the employment application. Additional background checks relevant to the role may include a motor vehicle registration check, credit check, and/or fingerprint card. Applicants must be currently authorized to work in the United States on a full-time basis.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)
Underwriting
