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Mortgage Underwriter (Mid-Island Mortgage Corp)
Ref No.: 16-07085
Location: Long Island, New York
Mid-Island Mortgage Corp. is a mortgage banker licensed in 19 states and has been serving our communities for over 55 years. The key to Mid-Island's success is creating value for our customer. Our employees' passion and commitment to deliver the very best to each customer is the reason we are considered one of the top direct lenders in New York today. Therefore, we feel it is important that our employees work within a rewarding, team-oriented environment and are provided with a comprehensive benefit package, which includes medical, dental and vision insurance, long-term disability, 401(K) and company paid life insurance.


If you thrive in a fast-paced, team-oriented and customer focused environment, then Mid-Island may have a home for you!


We are currently seeking an experienced Mortgage Underwriter to join our growing team. In this position, you will work in partnership with our customers, Loan Officers and Processing teams to ensure mortgage loan applications meet program/product specifications.


Job duties include, but are not limited to:
  • Underwrites FHA/VA and Conforming loan applications ensuring adherence to Company and investor credit quality standards.
  • Analyzes mortgage loan files, which includes customer's application, income documentation, appraisal and title reports, to ensure compliance with the company's policies, as well as, state and federal regulations.
  • Analyzes loan attributes and documentation for soundness and accuracy.
  • Analyzes loan applications to identify any risk issues and/or potential misrepresentation.
  • Evaluates overall income, credit and equity of each loan application.
  • Ensures all required documentation have been received and completed for the loan process approval.
  • Determines the amount of loan to be approved when all criteria for underwriting have been met. Makes recommendation for loan approval.
  • Supports Loan Officers during the qualification process and for turndown decisions.
  • Provides support to Loan Officers and Processors regarding questions and/or clarification of inquiries, loan files, and underwriting guidelines.
  • Ensures timely review and follow-up steps in order to meet and exceed customer's expectations.
  • Keeps up-to-date on investor and regulatory policies, procedures and changes that affect mortgage underwriting.
  • Communicates with customers, team members and management on outstanding requirements and conditions, as well as, the status of each loan application.

Compensation and benefits package include:
  • Competitive salary based on education and experience
  • Medical, dental, vision insurance
  • Long-term disability and company paid life insurance
  • 401(k) plan with company match
  • Paid time off programs
  • Flexible work schedule


Job Requirements
The candidate should be oriented toward a deal driven environment and capable of managing multiple transactions simultaneously under tight time pressure. Additionally, the candidate will be able to work full-time at our Westbury, New York corporate office. Applicants interested in working remotely will not be considered.
  • FHA DE Designation required (CHUMS#)
  • A minimum of 3 years FHA Underwriting experience as a DE
  • Thorough knowledge and understanding of all federal and state guidelines
  • Ability to read, analyze and interpret technical procedures and government regulations
  • Superior internal and external customer service skills
  • Exceptional written and verbal communication skills
  • Exceptional organizational skills
  • Ability to work independently and be a team player
  • Ability to work with all levels of the company
  • Exceptional attention to details
  • Must be proactive and reliable
  • Proficient computer skills including Microsoft Office

Mid-Island Mortgage Corp. is an Equal Opportunity Employer M/F/V/D

ControlID: 14.234.89 SHR