Hybrid Mortgage Loan Underwriter at EAST TEXAS PROFESSIONAL CREDIT UNION

Description

ON SITE POSITION (NOT FOR REMOTE WORK)

Responsible for reviewing and underwriting mortgage loans. Identifies, analyzes, and evaluates loan risks and compensating factors, and ensures the marketability of closed loans and the safety of Credit Union assets. Approves, suspends, or denies loan applications. Ensures that loans are approved within the terms of the Credit Union's standards and procedures, regulatory underwriting guidelines, and other secondary market requirements. Provides support to Mortgage Loan Personnel.

Qualifications

EDUCATION/CERTIFICATION:

High school graduate or equivalent.
Additional coursework in business or related field.

REQUIRED KNOWLEDGE:

Knowledge of financial statements, credit reports, tax returns, and appraisals.
Full understanding of FHA, VA, and conventional underwriting requirements.
Knowledge of Credit Union lending programs, policies, procedures, and standards.
Able to use all related computer applications.

EXPERIENCE REQUIRED:

Five year’s experience in mortgage processing and/or underwriting.