Mortgage Underwriter

TowneBank Mortgage has a culture that:

• Has a commitment to exquisite service for our members that will lead to our ability to create a reasonable rate of return for our shareholders, a bright future for our dedicated employees, and a leadership role for our company in promoting the social, cultural, and economic well-being of our community.
• Is focused on giving back to the regions we serve resulting in billions of dollars of new growth and development.
• Embraces our hometown banking philosophy, where our family members, directors and employees are active volunteers, serving on numerous boards and donating their time and talents to local organizations.
• When you work for us, you'll be part of a company committed to the well-being and success of each and every member of our team. We work hard to create a culture of caring so that our employees can enjoy a fun and fulfilling career, and look forward to coming into work each day.
• Is dedicated to providing our employees with all the resources needed to succeed, such as advanced technology, paid training and generous benefits. We are always searching for the best and the brightest to help us create a seamless mortgage experience for our customers.
  
  

As the Mortgage Underwriter, you may look forward to:

• Reviewing mortgage loan files for completeness and data integrity.
• Evaluating borrower’s credit and capacity to repay the requested loan.
• Evaluating the collateral securing the requested loan and determining acceptability.
• Reviewing mortgage loan files for compliance with regulatory, investor, bank and agency guidelines.
• Making the credit decision to Approve, Suspend or Deny the loan and issuing approval within timeframe established by TBM procedures.
• Completing all necessary forms to comply with regulatory, investor, bank and agency guidelines.
• Completing Underwriting Approval and providing to Loan Officer, Processor and Closer.
• Recording appropriate data and status into processing system.
• Mentoring and supporting processors.
• Supporting Originators as a resource for questions.
• Other duties as needed.
• Obeying all applicable federal laws, rules, and regulations relating to Anti-Money Laundering (AML) including the Bank Secrecy Act (BSA).

You are a person that (required skills):

• Has a complete understanding of Conventional, FHA, VA, USDA, VHDA and NC Housing underwriting guidelines.
• Has at least 1 year of recent mortgage loan underwriting experience.
• Has working knowledge of real estate lending criteria and federal, state and agency compliance.
• Is able to multi-task and manage time efficiently.
• Has strong organizational skills, attention to detail and basic Microsoft Office skills.

You’ll be better prepared if you have (desired skills):

• VA LAPP, DE authority and VHDA underwriting certification.

Physically you can anticipate to:

• Express or exchange ideas by means of the spoken word via email and verbally
• Exert up to 10 pounds of force occasionally, use your arms and legs, and sit most of the time
• Have close visual acuity to perform activities such as analyzing data, viewing a computer terminal, reading, and preparing documentation
• Not substantially exposed to adverse environmental conditions
• The physical demands described here are representative of those that must be met by an employee to successfully perform the essential responsibilities of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential responsibilities.