Senior Underwriter

Salary Range: $43.26 - $48.08/ hr.

 

PRIMARY RESPONSIBILITY:

Underwrite Conventional and Government (FHA, VA, USDA) residential mortgage loans for sale in the secondary market, as well as Non-QM, GRB Portfolio Loans, Construction loans, and home equity lines and loans.

ESSENTIAL FUNCTIONS:


* Underwrite Conventional, Non-QM, and Government (including FHA, VA, and USDA) mortgage loans, pursuant to secondary market and investor guidelines.


* Underwrite residential portfolio loans, construction draw loans, consumer loans, and home equity lines and loans pursuant to GRB credit guidelines.


* Develop and maintain expert knowledge base related to underwriting requirements of FNMA, FHLMC and correspondent lending partners (investors).


* Develop and maintain thorough knowledge related to the different grant programs in which GRB participates.


* Possess strong working knowledge of the automatic underwriting systems (DU, LP, GUS).


* Develop and maintain good working relationships with Sales and other internal mortgage staff, attorneys, realtors, title companies, appraisal firms and other business-related customers.


* Assist loan officers and processors with questions related to underwriting policies and loan structuring.


* Work with post-closing department on any suspense related items clearing them in a timely manner.


* Assist other underwriters as backup when required.


* Work as a mentor with other junior staff members


* Develop and maintain knowledge of, and work within, all compliance requirements for residential mortgage lending to include Bank Policies, Laws and Regulations.


* Provide review of files in designated timeframes and issue Commitments as required.

Active participation in demonstrating the behaviors outlined in the GRB Experience.


* Related Bank assignments or duties as directed by the Residential Underwriting Manager.

 

EDUCATION AND EXPERIENCE:

Bachelor’s degree or commensurate experience required, preferably in a business-related discipline plus a minimum of 5 years’ experience underwriting secondary market residential mortgage loans and a minimum of 3 years’ government loan underwriting experience, or the equivalent combination of education and experience.


* Active CHUMS ID# required, SAR ID # and SONYMA experience preferred.


* Expert knowledge in a minimum of two of the following: Non-QM, FHA, VA and USDA regulations and underwriting guidelines, must be fluent in all three within 12 months in position.


* Knowledge and experience with FHA Connection and VA Portal


* Knowledge of Fannie Mae DU, Freddie Mac LP, GUS, FHA Total Scorecard.

COMPETENCIES:


* Provide a remarkable client experience.

Greet clients with warmth, genuine interest and a smile.


* Lead by example.

Identify current or potential problems, take ownership and see them through to resolution.


* Act as a unified team.

Possess strong interpersonal skills includin...