Mortgage Underwriter I / II

Mortgage Underwriter I /II Position summary Mortgage Underwriter I is an intermediate mortgage loan underwriter who reviews and recommends action regarding credit, property, and legal documentation.

It is distinguished from a Mortgage Underwriter II, who represents an experienced mortgage loan underwriter who reviews and recommends action regarding credit, property, and legal documentation.

Both positions also require other responsibilities, such as being responsible for the audit of loan files from our lending partners, maintaining familiarity with and up to revising the Sellers Guide.

This position must be familiar with AHFC's guidelines, and policies regarding loan qualification.

Reports to: Mortgage Underwriting Manager SUPERVISION RECEIVED AND EXERCISED: Non-exempt, non-supervisory position.

Overview A Mortgage Underwriter I focuses on residential mortgage lending and reports to the Underwriting Manager.

Working with limited supervision, it involves making loan decisions, performing routine underwriting, and completing special projects as assigned.

Additional responsibilities include attending industry events, and building relationships with lending partners.

This role is classified as an intermediate underwriter within the Mortgage Department.

A Mortgage Underwriter II also focuses on residential mortgage lending and reports to the Underwriting Manager.

Working with limited supervision, it involves making complex loan decisions, performing routine underwriting, and completing special projects as assigned.

In addition to responsibilities mentioned above, an Underwriter II's responsibilities could include assisting in maintaining AHFC mortgage guides, web page and forms, reviewing program brochures for accuracy, coordinating updates and expansion of the organizations outreach.

This role is classified as a skilled, proficient, and experiencedunderwriter within the Mortgage Department.

Examples of duties Mortgage Underwriter I & II: Reviews loan submission requests, including credit and appraisal analysis of collateral offered.

Determines acceptance or denial of the loan requests based on AHFC criteria.Reviews the documentation of loans submitted for purchase and recommends acceptance or denial of the loans based on AHFC criteria.Attends meetings of various organizations to inform lenders and the public about the types of loans available, eligibility requirements, application procedures, and the types of security required.Handles heavy telephone communication with lenders and the public to answer general and specific program and underwriting questions.

Performs such responsibilities as auditing loan files, and furthering their understanding of AHFC's guidelines and restrictions.Represent AHFC at home and trade shows.Develop, implement, and maintain statewide outreach to advocate and promote AHFCs various lending programs.Performs other duties as required.

Mortgage Underwriter II (in addition to the above): Represents the Corporation at vario...