Mortgage Loan Underwriter Jr
: Job Details :

The Mortgage Loan Underwriter, Jr. will process and underwrite residential mortgage loans. The file will then be submitted to an underwriter for final approval. The underwriter will review the file and approve, add or make changes to the conditions as needed on the file. The goal of this position is to advance the individual over time to an underwriter. ESSENTIAL DUTIES AND RESPONSIBILITIES 1. Process the file verifying credit, income and assets. This duty is performed daily, about 15% of the time. 2. Underwrite Conventional, FHA, VA and Rural Development loans, by analyzing the borrower's credit to determine if the borrower has the capacity and the willingness to repay the loan. This duty is performed daily, about 20% of the time. 3. Underwrite mortgage loan applications and evaluate loans in order to maximize organizational profit and minimize risk or loss. This duty is performed daily, about 20% of the time. 4. Examine appraisals to ascertain that the subject property of the loan is...Mortgage, Underwriter, Writer, Banking, Business Services, Training