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Mortgage Loan Underwriter - Remote (First Bank and Trust)
Ref No.: 16-07334
Location: Ocean Springs, Mississippi
Assists in providing quality loans for the bank and investors by underwriting and evaluating residential mortgage applications originated by mortgage loan officers. Recommends approval of customer applications for residential loans to be sold to investors.

ESSENTIAL JOB FUNCTIONS:
  • Receives loan files originated by the financial institution and reviews files for all necessary forms and information according to government agency, investor/MI underwriting guidelines;
  • Analyzes applicant's financial status, credit and property evaluation to determine feasibility of granting loan;
  • Makes an underwriting decision for each loan;
  • Confers with Loan Officer and processors to aid in resolving mortgage application problems;
  • Communicates with investors, MI companies, government agencies, financial institution mortgage loan officers and customers of the financial institution to underwrite files properly;
  • Keeps informed of current underwriting practices and assists in updating the financial institution's underwriting policies;
  • Responsible for audits of loan files prior to and after funding is obtained;
  • Prepares records and reports as requested regarding loan file activity.



  • Listed above are the essential functions for the job. FBT Mortgage LLC promotes an equal employment opportunity work place which includes reasonable accommodation of otherwise qualified disabled applications and employees.

    ADDITIONAL JOB FUNCTIONS:



  • Other duties as assigned by the mortgage lending president.



  • This description is intended to outline the principal duties, responsibilities, and accountabilities of the position, but may not cover all tasks or functions for which the person holding the position will be held accountable.

    KNOWLEDGE, SKILLS AND ABILITIES:
  • Bachelor degree in finance or accounting or five years relative experience;
  • Knowledge of basic lending and underwriting policies and procedures, including guidelines issued by Client, FHLMC and FHA;
  • Designated loan underwriter preferred;
  • Three to five years previous lending experience, including at least three years actual underwriting experience;
  • Knowledge of all federal and state regulations regarding lending and related departments,
  • Knowledge of current lending rates on various loan options;
  • Skill in assessing quality of loans purchased and originated by the financial institution;
  • Superior analytical thinking and mathematical skills;
  • Excellent internal and external customer service skills;
  • Good verbal and written communication skills;
  • Ability to work with little supervision, self starter with excellent follow up skills;
  • Ability to prioritize, multi task and meet deadlines;
  • Proficient computer skills;
  • Professional in manner and appearance.



  • WORKING HOURS:

    Monday – Friday: 8 a.m. to 5 p.m.

    (Hours may deviate in accordance with workflow)
ControlID: 14.234.89 SHR