Mortgage Underwriter

Capital Bank N.A. is a publicly traded company with over $3 billion in assets, offering commercial and consumer banking services. The Mortgage Loan Underwriter is responsible for evaluating and analyzing mortgage loan applications to determine the creditworthiness of borrowers and ensure compliance with federal, state, and company regulations.

Requirements

• Underwrite a minimum of three new loan files per day
• Review, analyze, and clear updated and conditioned loan files within required turn times
• Maintain CBHL-mandated turn times for new submissions, resubmissions, and condition reviews
• Monitor and respond to CSM scenarios within required timeframes
• Provide underwriting and eligibility support to other Capital Bank departments as needed
• Underwrite FHA, VA, USDA, Conventional, Non-Agency, and Jumbo loan products in accordance with company policy and investor overlays
• Perform new and established condominium project reviews, including warranty and eligibility determinations, in accordance with agency and investor guidelines
• Analyze loan documentation and data for accuracy, completeness, and overall soundness
• Identify and assess credit, income, asset, and collateral risk factors
• Review appraisals and collateral documentation, including condominium and PUD projects
• Support Loan Officers during the borrower qualification and structuring process
• Remain current on investor, agency, and regulatory guideline updates impacting underwriting and condominium project eligibility decisions

Benefits

• Annual target bonus based on individual performance
• Additional compensation details not specified