Underwriter
Req #: 2043
Location: US-MA-Westborough
Posted Date: 3/1/2010
Category: Loan Operations - Other
Position Type: Full Time
Standard Working Hours: Monday - Friday 8:00am to 5:00pm
More information about this job:
Overview:
This position is responsible for the timely and accurate underwriting of all residential mortgage applications and related documentation through the mortgage closing while maintaining conformance with established Bank policies, procedures and objectives.Performs any functions, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers and co-workers.
Responsibilities:
·Underwrites residential mortgage loan applications within scope of lending authority approved by the Board of Investment. Analyzes and summarizes the applicants’ credit worthiness and asset quality, making recommendations for loans outside of lending authority. ·Remains current on secondary market standards and guidelines, including those of outside investors and mortgage insurance providers. Interprets and communicates standards and guidelines to lending staff. ·Ensures full compliance with the Bank’s Information Security Policies and Procedures ·Responsible for the integrity of the loan origination system and information within. ·Oversees the loan flow and timeliness of assigned pipeline, as well as the service levels provided to the customers. Helps to determine and communicate potential issues to applicants, originators, loan processing staff and Loan Servicing. ·Supports Consumer Lending Department during periods of high volume and/or process changes. ·Provides training for sales and processing staffs, as well as a source of information for all Bank staff. ·Generates referrals for mortgage sales staff; assists in referral source development, and provide referrals to other departments of the Bank. ·Performs related and unrelated duties as may be required.
Requirements:
Associates degree or its equivalency in specialized course work and training in lending. Three years of experience in mortgage lending with a demonstrated understanding of mortgage loan procedures, Secondary Market guidelines, policies and products. Strong communication, organizational, and analytical skills. Must be able to deal with people in a confidential and professional manner. Must possess at least intermediate technology skills, including knowledge of word processing, database and spreadsheet applications. Equal Opportunity Employer Search Firm Representatives, Please Read Carefully: Middlesex Savings Bank does not accept unsolicited resumes from search firms for this or any employment opportunity.
Tags: mortgage, mortgage jobs, underwriter job, underwriting
