Job Details

The Loan Underwriter II underwrites and evaluates conventional, FHA, VA, and CRA Residential Mortgage applications in compliance with bank policies and procedures. The Loan Underwriter II underwrites and evaluates Home Equity and Consumer Loans. Depth & Scope:Underwrites all types of income, all product types including ethical and salable residential mortgage loans and consumer loans and evaluates risk while ensuring the quality of each loan submitted. Approves loans, issues alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures. Validates the data entry to the appropriate Loan Operating System and evaluates all applicable documentation as required by job function and conditions loan accordingly; informs Processor of any additional items necessary to substantiate loan request. Demonstrates in-depth knowledge of regulatory, investor and departmental lending policies for underwriting of conventional loan requests. Identifies lo...Underwriter, Writer, Continuous, Underwriting, Banking, Business Services