Senior Mortgage Lending Underwriter

The Senior Mortgage Lending Underwriter will evaluate and underwrite all mortgage loan types offered by Wellby Financial according to specific state and federal requirements, along with secondary marketing requirements to limit the risk exposure to Wellby Financial’s mortgage portfolio and secondary market investors.

Requirements

• Underwrite VA, FHA, USDA, and Conventional Loans to secondary marketing investor requirements and/or Wellby Financial portfolio guidelines.
• Demonstrate strong knowledge and experience with manual underwriting.
• Prepare and present counteroffers on loans outside of secondary marketing underwriting guidelines.
• Prepare adverse action notifications, with awareness of the compliance provisions of the regulatory agencies.
• Review and evaluate documents to ensure adherence to Credit Union, NCUA, USPAP and all other relevant industry guidelines to ensure loan acceptance.
• Develop and maintain all underwriting policies and procedures.
• Maintain consistent and up-to-date knowledge of all updates, and applying those changes not only to the written policies but also communicating to the mortgage lending team.
• Serves as primary underwriting contact for all secondary market investors (e.g., Fannie Mae, Freddie Mac, FHA), analyzing their continuous product changes and developing an internal plan to execute.
• Work closely with Compliance to implement any regulatory changes to include qualified mortgage (QM) and ability to repay (ATR) requirements.
• Develop, manage, and maintain all mortgage underwriting reporting requirements.

Benefits

• Generous Paid Time Off
• 401k Matching
• Retirement Plan
• Relocation Assistance