Willamette Valley Bank
Mortgage Underwriter (Finance)
The Mortgage Loan Underwriter underwrites residential mortgage files in compliance with HUD,VA, Rural Housing, Fannie Mae, Freddie Mac and various other investor requirements. This position can be remote or located in Spokane, WA.
Mandatory Minimum Qualifications:
Duties and Responsibilities: Analyze employment profile, credit strength, property characteristics, and all other information pertinent to the credit decision process on each mortgage application, as presented by the originator. Apply internal guidelines and insurer guidelines to the credit decision process. Negotiate loan terms (where applicable) in order to satisfy the interests of the originator, borrower, and investor. Prioritize workflow in order to minimize turnaround time. Verify accuracy of supporting employment, down payment, appraisal, and financial documentation received. Review documentation for compliance with internal and regulatory guidelines. Correspond with mortgage origination and processing staff to obtain outstanding documentation needed to complete requirements as stipulated on the commitment. Select required conditions on each deal to be satisfied prior to funding. Using the LOS, input: selected conditions, credit information, property details, and borrower information.
Key Accountabilities: .Ensuring quality loan production measured by salability and service surveys. Deliver an extraordinary client experience by exceeding expectations. Foster a positive and proactive work environment for team members. Comply with and ensure that all staff under supervision follow all applicable policies and procedures as well as governing laws and regulations. This includes but is not limited to: Performing all assigned duties under the Bank's compliance programs and related laws and regulations. Successfully completing all mandatory compliance training including BSA and any other laws and regulations as assigned in a timely manner. Train and drive communication, consistency, urgency and credibility within the department.