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DATE ADDED: Thu 11/10/2018

Real Estate Underwriter

Eureka, USA


Job Description

This position is responsible for underwriting first mortgage loan applications. Gather background information and analyze loan applicant's credit history. Approve or deny loan applications based on analysis. Performs a variety of support duties related to the lending function within the credit union. This position will also underwrite second mortgages and HELOCs. Will work with the loan processor(s) and loan servicing in the capacity of coaching and mentoring on all aspects of mortgage underwriting. Has responsibility for generating reports for senior management.

The following are basic duties and not a comprehensive listing of responsibilities:

* Must have a thorough understanding of FNMA conventional mortgage underwriting guidelines as well as applicable private mortgage insurance guidelines and procedures.

* Set pricing for mortgages using FNMA pricing model

* Use FNMA Desktop Underwriter to receive decisioning on mortgage loans

* Maintain a thorough knowledge of Compass Community Credit Unions's loan policy and underwrite loans accordingly

Role: Real Estate Underwriter
Job Type:
Location: Eureka,

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