Senior Conventional Underwriter (Empower Experience Required)

Member First Mortgage is seeking a Senior Conventional Underwriter for our growing Underwriting Department!  If you thrive in a fast-paced environment, are motivated by building relationships through exceptional customer service, and get excited at the thought of learning something new each day, then this may be the opportunity you have been waiting for and an excellent chance to join our award-winning team recognized as a Best and Brightest company to work for in the nation! In this position you would be responsible for reviewing mortgage loan applications and rendering decisions within internal and regulatory guidelines.

Founded on the credit union philosophy of 'People Helping People', we have become the trusted full-service mortgage provider to over 200 credit unions across the U.S.  This philosophy, along with our core values of honesty and integrity, make careers with Member First Mortgage dynamic and rewarding through our friendly and family-oriented culture that is dedicated to the growth and success of our employees. 

Benefits We Offer:

• Generous and competitive healthcare packages
• Employer paid short-term and long-term disability
• Employer paid Life Insurance
• 100% Employer paid Vision
• 401K Plan with match
• 20 days PTO - no waiting periods!
• Fun and collaborative team environment

Responsibilities:

• Determines the adequacy of income to meet expected financial obligations.  Ensures potential borrower assets meet investor requirements and are derived from acceptable sources.  Examines potential borrower credit and reviews the manner in which obligations have been met and managed.  Investigates derogatory applicant credit.
• Review appraisals and ensure determined values are well documented, risks are appropriate and meet all guidelines of the applicable loan type.  Reviews appraisal comparables. Sets conditions for property inspections if repairs are needed.
• Approves or rejects loan application or requests additional information. Records loan rejection, specifying investor and company guidelines and basis for declining application.
• Monitors assigned underwriting queue to meet required Service Level Agreements.
• Completes all underwriting functions in accordance with various program requirements, company standards, and related legal and regulatory requirements.  Maintains knowledge of underwriting requirements and policies, as well as investor and governmental guidelines.  Stays informed of modifications and updates in software applications.
• Communicates with various departments on file related issues as well as provide guidance on complex loan scenarios.  Assists with clearing investor and Quality Control (QC) audit items.
• Confirms documentation, reports and files are complete and accurate.  Certifies that all lending conditions have been satisfactorily met prior to closing.  Keeps management informed of area activities of any significant problems and provides suggestions for improvements in underwriting policies and procedures.

Experience: Three years to five years of similar or related experience. *Must have Empower experience*

**Expertise in Jumbo is required.** Experience with Condo, RD, and Construction is preferred**

Education: (1) A two year college degree or (2) Completion of a specialized course of study at a business or trade school or (3) Completion of a specialized and extensive in-house training or apprenticeship program.

Qualifications:

• Working knowledge of financial statements, credit reports, tax returns and appraisals. 
• Knowledge of lending programs, policies, procedures, and standards.
• Possesses sound judgement
• Ability to communicate clearly and effectively, both verbally and in writing.
• Decision making/analysis skills
• Accountability and organizational skills