loan underwriter

HCLTech

<p><b>Role- Underwriter 1</b></p><p>Hybrid Westlake Village, CA;</p><p>As a Senior Mortgage Loan Underwriter, for one of our client projects, you will bring your practical experience underwriting residential mortgage loans in accordance with GSE and internal guidelines ensuring compliance with company and investor standards. You have current, in-depth knowledge of Fannie Mae and Freddie Mac lending guidelines and understand how those relate to internal and investor guidelines. You have a thorough knowledge of complex personal and business financial analysis and expertise in tax return and balance sheet analysis. You can make timely, accurate decisions on all loan transactions.</p><p><b>Essential Functions/Duties:</b></p><p>o Completes a thorough analysis of loan files to determine compliance with investor</p><p>o Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an investment quality loan product and creditworthiness of the borrowers and acceptability of the collateral. Identifies potential quality loans to be held in portfolio if secondary market guidelines cannot be met.</p><p>o Verifies the accuracy of all calculations.</p><p>o Maintains a working knowledge of secondary market underwriting guidelines, private investor and private mortgage insurance guidelines.</p><p>o Assists with maintaining compliance with all applicable federal, state and local laws, regulations and ordinances by abiding by compliance program and all policies, procedures, rules and regulations.</p><p>o Assists in the development of underwriting standards.</p><p>o Helps loan processors, giving general guideline interpretations and answering questions on specific loan files.</p><p>o Responds to post closing review and quality control audits in a timely fashion.</p><p>o Multi-tasking, high volume, available to be flexible and work weekends as needed.</p><p><b>Preferred Education &amp; Experience:</b></p><p>o 5 years of Processing experience and 5+ years of Underwriting experience</p><p>o Excellent organization and analytical skills required.</p><p>o Excellent written and communication skills required.</p><p>o High School Diploma or GED equivalent required, some college preferred, College degree desired.</p><p>o Intermediate to computer proficiency skills with MS Office, Excel and Mortgage Loan Applications/Software) Encompass 360 desired.</p><p>o Ability to multi-task, prioritize and function in a high-volume, fast-paced environment.</p><p>o Adaptability and acceptance to change.</p><p><b>Experience:</b></p><p>5 years of Processing experience 5+ years of Underwriting experience</p><p><b>Education:</b></p><p>o High school or equivalent (Required)</p><p><i><b>HCLTech is an equal opportunity employer, committed to providing equal employment opportunities to all applicants and employees regardless of race, religion, sex, color, age, national origin, pregnancy, sexual orientation, physical disability or genetic information, military or veteran status, or any other protected classification, in accordance with federal, state, and/or local law. Should any applicant have concerns about discrimination in the hiring process, they should provide a detailed report of those concerns to secure@hcltech.com for investigation.</b></i></p><p><i><b>A candidate&rsquo;s pay within the range will depend on their work location, skills, experience, education, and other factors permitted by law. This role may also be eligible for performance-based bonuses subject to company policies. In addition, this role is eligible for the following benefits subject to company policies: medical, dental, vision, pharmacy, life, accidental death &amp; dismemberment, and disability insurance; employee assistance program; 401(k) retirement plan; 10 days of paid time off per year (some positions are eligible for need-based leave with no designated number of leave days per year); and 10 paid holidays per year.</b></i></p><p><i><b>Pay and Benefits Pay Range Minimum: $75,000 annually </b></i></p><p><i><b>Pay Range Maximum: $80,000 annually</b></i></p><p>Job Types: Full-time, Contract</p><p>Pay: $75,000.00 - $85,000.00 per year</p><p>Benefits:</p><ul><li>401(k)</li><li>Dental insurance</li><li>Paid time off</li><li>Parental leave</li></ul><p>Education:</p><ul><li>Bachelor's (Preferred)</li></ul><p>Experience:</p><ul><li>Fair Housing Regulations: 1 year (Preferred)</li><li>Underwriting: 5 years (Required)</li></ul><p>Work Location: Hybrid remote in Westlake Village, CA 91361</p>

Mortgage Underwriter

University Federal Credit Union

<div><p><b>Senior Mortgage Loan Underwriter</b></p>
<p><b>
Job Summary</b></p>
<p>
The Mortgage Loan Underwriter performs appropriate mortgage loan risk assessments to ultimately ensure the origination of an investment quality loan product. This role conducts a thorough evaluation of loan files to ensure they meet minimum requirements of the loan program, laws, regulations, policies, and procedures.</p>
<p>
The Mortgage Underwriter reports to the Manager, Mortgage Underwriter.</p>
<p><b>
About UFCU</b></p>
<p>
Our Credit Union was founded in 1936 and has grown to serve members throughout Texas and beyond. At UFCU, we are more than just a financial institution, and our people are more than just employees. We are dedicated to our purpose of <b>empowering our Members to achieve financial success and build brighter futures</b>.<br>
<br>
<br>
</p><p>In pursuit of our aspiration that <b>UFCU is</b> <b>loved by millions of Members and built to thrive for generations</b>, we are guided by our values:</p>
<p><b>
Purposefully Member-Obsessed</b></p>
<p>
We are driven by a profound sense of empathy to deeply understand our Members&rsquo; needs and preferences, what brighter futures means to them, and the obstacles in their way. We act in our Members&rsquo; best interests, forever seeking to empower their financial success.</p>
<p><b>
Possibilities Reimagined</b></p>
<p>
We are inspired to courageously experiment, learn, and iterate in pursuit of positive impact for our Members, UFCU, and coworkers. We challenge assumptions, embrace diverse perspectives, and make use of data and insights.</p>
<p><b>
Performance Excellence Rooted in Unwavering Integrity</b></p>
<p>
We do the right thing, always. We champion teamwork, accountability, continuous improvement, and celebrate successful outcomes of others, fostering an inclusive environment of excellence and collaboration.</p>
<p><b>
Essential Functions</b></p>
<ul>
<li>Manages mortgage loan pipeline in accordance with departmental processes and expectations</li>
<li>Determines compliance with:</li>
<li>Loan program guidelines</li>
<li>Federal, state, or local government guidelines, and regulations</li>
<li>Internal policies and procedures</li>
<li>Department compliance and quality control monitoring</li>
<li>Assists mortgage production and origination team in qualifying loans and answering questions</li>
<li>Maintains collaborative working relationships with all partners throughout the loan process</li>
<li>Determines and recommends alternative loan terms or products as appropriate</li>
<li>Keeps current on all internal policies and procedures, state and federal regulations, and coordinates with management to address any changes as needed</li>
<li>Responds timely to all post funding audits, investor suspense, and other quality issues</li>
<li>Assists with timely and accurate regulatory reporting requirements</li>
<li>Supports all departmental areas and actively participates in departmental and organizational meetings</li></ul><br>
<p></p>
<p><b>
Other</b></p>
<ul>
<li>Adheres to all company policies, procedures and business ethics codes</li>
<li>Completes required regulatory training as assigned.</li>
<li>Maintain strict adherence and compliance to all laws, rules, regulations and internal controls specific to your role, including but not limited to Bank Secrecy Act, Anti-Money Laundering, USA Patriot Act, OFAC and Fair Lending regulations.</li></ul><br>
<p></p>
<p><b>
Knowledge/Skills/Abilities</b>
</p><p>Knowledge</p>
<ul>
<li>Thorough knowledge and experience in underwriting conforming loan products</li>
<li>Extensive knowledge of primary Automated Underwriting Systems</li>
<li>Strong knowledge of mortgage lending compliance and regulations</li></ul><br>
<p></p>
<p>
Skills</p>
<ul>
<li>Strong analytical, documentation, organizational and time management skills with ability to multi-task in a deadline-driven environment</li>
<li>Excellent interpersonal, written and verbal communication skills</li></ul><br>
<p></p>
<p>
Abilities</p>
<ul>
<li>Ability to efficiently work both independently and in a team environment</li>
<li>Strong ability to effectively manage daily workload to meet or exceed service levels</li>
<li>Ability to exhibit adaptability to effectively adjust to frequent changes</li>
<li>Ability to be solution-oriented and an innovative problem solver</li></ul><br>
<p></p>
<p><b>
Competencies</b></p>
<ul>
<li>Demonstrating Member Obsession</li>
</ul><ul><li>Puts themselves in the Member&rsquo;s shoes</li>
<li>Looks for friction points</li>
<li>Makes it personalized and easy</li>
</ul><ul><li>Demonstrating Performance Excellence</li>
</ul><ul><li>Sets standards for elevating excellence</li>
<li>Ensures elevated quality</li>
<li>Takes responsibility</li>
<li>Conducts continuous improvement</li>
</ul><ul><li>Demonstrating Innovation</li>
</ul><ul><li>Challenges current thinking</li>
<li>Approaches change with a positive mindset</li></ul><br>
<p></p>
<p><b>
Experience</b></p>
<p><b>
Minimum Requirements
</b></p><ul><li>Seven (7) years in mortgage lending operations underwriting loans</li>
<li>Strong experience analyzing and evaluating documentation provided to ensure quality, completeness, qualifying eligibility, and compliance. This includes thorough analysis of:</li>
<li>Credit history</li>
<li>Qualifying income</li>
<li>Assets</li>
<li>Collateral, including property-type requirements (e.g. condominium, PUD)</li>
<li>Title and Survey</li>
<li>Insurance</li>
<li>Disclosures</li>
<li>Specific program requirements</li>
<li>Experience in reviewing complex income scenarios for self-employed borrowers</li>
<li>Experience in working with Encompass LOS</li>
<li>Must be bondable</li>
<li>Underwriting experience or designations for:</li>
<li>Direct Endorsement / FHA loans</li>
<li>VA SAR / LAPP / Veterans Administration loans</li>
<li>USDA</li>
<li>Non-conforming products</li>
<li>Non-QM products</li>
<li>Renovation and Construction Lending</li>
<li>MCC, DPA, Bond programs</li></ul><br>
<p></p>
<p><b>
Physical Demands</b></p>
<p>
The physical demands described are representative of those that must be met by an employee, with or without accommodation, in order to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.</p>
<p>
Frequent</p>
<ul>
<li>While performing the duties of this job, the employee is regularly required to sit; use hands to finger, handle or feel; reach with hands and arms; and talk or hear.</li>
<li>Specific vision abilities required by this job include close vision, distance vision, peripheral vision and ability to adjust focus.</li>
<li>Employee will make extensive use of the telephone and virtual communications requiring the ability to explain complex information effectively and accurately.</li></ul><br>
<p></p>
<p><b>
Work Environment</b></p>
<p>
The work environment characteristics described are representative of those an employee encounters while performing the essential functions of this job.</p>
<ul>
<li>This position requires frequently working onsite at UFCU Plaza in Austin, Texas.</li>
<li>This position may involve periodic stressful conditions.</li>
<li>May occasionally require an adjusted work schedule, overtime, and evening/weekend hours.</li>
<li>Frequent computer use at a workstation up to two hours at a time.</li>
<li>The noise level in the work environment is usually moderate</li></ul></div><p></p>

Senior Mortgage Underwriter

Savings Bank Of Mendocino County

<div><p><b>Job Title: Commercial Loan Underwriter</b></p>
<p>Department: Credit Administration</p>
<p>Reports To: Manager of Commercial Underwriting</p>
<p>FLSA Status: Exempt</p>
<p>Salary Grade: 22</p>
<p>Starting Range: $73,071.00 - $90,264.00 DOE</p>
<p><i>Our starting range is based on scope and responsibilities of the position, candidate's work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.</i></p>
<h1 class="jobSectionHeader"><b>SUMMARY</b></h1>
<p>Are you a motivated and high performing individual who has strong people, organizational skills, and a desire to work at a local business dedicated to meeting the financial needs of its customers, validating the investment of its shareholders, and investing its time, money, and expertise to support worthy causes throughout Lake and Mendocino Counties? Savings Bank of Mendocino County has proudly been serving the needs of our communities since 1903 and is seeking a qualified professional for the role of Commercial Loan Underwriter in the Credit Administration Department. This position involves performing detailed credit analysis and underwriting of Commercial &amp; Industrial (C&amp;I) and commercial real estate (CRE) loans. This role emphasizes evaluating operating companies, analyzing business cash flow, and structuring credit facilities that support growth while managing risk.
</p><p>The ideal candidate has four or more years of experience in a credit analyst or equivalent position. A successful person in this role is organized; detail oriented; personable; has strong time management skills; and is comfortable interacting with a broad range of individuals, including customers, executive officers and third-party companies. Savings Bank is excited to add to our team of individuals seeking to fulfill the Bank&rsquo;s vision of <b><i>Investing in the future as your local independent bank, committed to the prosperity of our communities, employees and shareholders</i></b>.</p>
<h1 class="jobSectionHeader"><b>ESSENTIAL JOB FUNCTIONS &amp; RESPONSIBILITIES</b></h1>
<p>To perform this job successfully, an individual must be able to perform each essential job function satisfactorily. The requirements listed are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.</p>
<div><ul><li>Performs in-depth financial analysis of operating companies, including review of financial statements, tax returns, and borrower/guarantor cash flow.</li></ul>
<ul><li>Recommends loan structures, collateral, covenants, and risk ratings consistent with internal policy.</li></ul>
<ul><li>Works closely with commercial lenders to clarify borrower needs and guide deal structure.</li></ul>
<ul><li>Prepares clear, concise credit memoranda for new requests, renewals, and modifications.</li></ul>
<ul><li>Underwrites Commercial &amp; Industrial (C&amp;I) and commercial real estate (CRE) loans, including owner-occupied and investment properties.</li></ul>
<ul><li>Conducts annual reviews and ongoing risk assessments for CRE relationships.</li></ul>
<ul><li>Monitors covenant compliance, financial reporting, borrowing bases (if applicable), and early warning indicators.</li></ul>
<ul><li>Supports portfolio analysis, stress testing, and concentration management activities.</li></ul>
<ul><li>Ensures underwriting and loan structures comply with internal credit policies, regulatory standards, and safety-and-soundness expectations.</li></ul>
<ul><li>Maintains complete documentation in credit systems and participates in internal audits or regulatory exams as needed.</li></ul>
<ul><li>Exercises individual loan approval authority up to an assigned limit and participates in joint approvals or credit committee reviews for larger or more complex credits.</li></ul>
<ul><li>Additional duties as assigned depending on department needs.</li></ul>
</div><h1 class="jobSectionHeader"><b>MINIMUM QUALIFICATION</b></h1>
<ul><li>Four (4) years&rsquo; experience in a credit analyst or commercial lending position
<ul><li>Degree in Finance, Accounting, or Economics, or related field may substitute for years of experience
</li></ul></li></ul><h1 class="jobSectionHeader"><b>PREFERENCES</b></h1>
<ul><li>Previous experience as a Commercial Loan Underwriter</li>
<li>Bachelor&rsquo;s Degree in Finance, Accounting, or Economics, or related field
</li><li>Completion of formal commercial credit training</li>
</ul><h1 class="jobSectionHeader"><b>JOB COMPETENCIES</b></h1>
<ul><li><b>Fostering Communication:</b> Understands underlying needs, motivations, emotions or concerns of customers and staff; and communicates effectively.</li>
<li><b>Attention to Detail: </b>Proofreads and edits personal work and that of others, for proper grammar, spelling, and overall readability; ensuring that work has been done according to procedures and standards.</li>
<li><b>Problem Solving: </b>Identifies problems and alternate solutions, considering applicable precedents; and evaluates the effectiveness of solutions after implementation.</li>
<li><b>Analytical Thinking</b>: Analyzes and synthesizes information to understand issues, identify options, and support sound decision making.</li>
<li><b>Initiative</b>: Deals with situations and issues proactively and persistently, seizing opportunities to go above and beyond.</li>
<li><b>Quality Focus: </b>Follows all policies and procedures set by the Bank; consistently meets quality standards set by the Bank; seeks opportunities for improvement.</li>
<li><b>Fraud Detection and Control: </b>Employs appropriate techniques and procedures for identifying, reporting, and preventing fraud.</li>
<li><b>Teamwork: </b>Works collaboratively with others to achieve organizational goals.</li>
<li><b>Product &amp; Technical Knowledge: </b>Understands the products and services provided.</li>
<li><b>Time Management:</b> Organizes and prioritizes tasks to maximize efficiency.</li>
<li><b>Career Development and Coaching:</b> Shares knowledge with other employees; mentors others on how to perform work tasks</li>
<li><b>Collaboration</b>: Recognizes, values, and leverages the unique perspectives, experiences, and talents of every individual; promoting fairness and belonging throughout the organization.</li>
</ul><h1 class="jobSectionHeader"><b>POSITION BENEFITS</b></h1>
<ul><li>Competitive, market-based pay</li>
<li>Comprehensive insurance benefits package including medical, dental, vision and more</li>
<li>401(k) plan with maximum 6% employer match</li>
<li>Profit Sharing plan</li>
<li>Generous paid time off plans</li>
<li>Employee Health and Wellness program</li>
<li>Community volunteer opportunities</li>
<li>Career development and training opportunities</li>
</ul><h1 class="jobSectionHeader"><b>EQUAL EMPLOYMENT OPPORTUNITY</b></h1>
<p><i>Savings Bank of Mendocino County is an Equal Opportunity Employer and employment selections are based on merit, qualifications and abilities. Savings Bank of Mendocino County will consider all qualified applicants for employment and does not discriminate in employment opportunities or practices on the basis of: age, race, religion, color, sex, national origin, sexual orientation, gender identity, protected veteran, disability, or any other status protected by law.</i></p>
<h1 class="jobSectionHeader"><b>PHYSICAL &amp; MENTAL DEMANDS</b></h1>
<p>The physical and mental demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.</p>
<p>This position is set in a quiet, office environment. The position is generally regarded as light work. Exerting up to 20 pounds of force occasionally, and/or up to 10 pounds of force frequently, and/or a negligible amount of force constantly to lift, carry, push, pull or otherwise move objects, including the human body. While performing the duties of this job, the employee may be required to alternately stand, walk, sit, reach with arms, talk or hear and use hands to write, type, and handle or feel objects, tools or controls. The worker is required to have close visual acuity to perform an activity such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading. Some driving may be required.</p>
<p>Employee must possess the ability to read, write, perform basic math functions, understand basic communication and instructions, carry out instructions, complete basic problem-solving and analyzing of information, and make independent decisions within scope of responsibility.</p>
<p>A post-offer physical is not required for this position.</p></div><p></p>

Commercial Credit Underwriter

Live Oak Bank

<div><div>About Us</div><div><div><div><div><div>
Live Oak Bank is a digital bank that serves small business owners across the country. Our groundbreaking spin on service and technology has fueled our mission to be America&rsquo;s Small Business Bank. Our products help customers buy, build, and expand their business, and our high-yield savings and CD products help them grow their hard-earned money. At Live Oak, we never lose sight of the well-being of our people. We believe our employees are the heart of our company. Our commitment to our customers and culture is intertwined, and we seek those who embody and embrace what it takes to empower the American dream.</div></div></div></div></div><div></div><div>
How This Role Impacts Live Oak and its People</div><div>
The Senior Commercial Underwriter, as a member of Live Oak Bank&rsquo;s (CRE, Renewable Energy) team, will lead the evaluation, underwriting, and closing of commercial real estate loans. The Senior Commercial Underwriter will coordinate and/or perform market research, due diligence, financial models and analysis, credit presentations, legal documentation review, and other projects through the entire loan process. The Senior Commercial Underwriter will work with other support functions across the bank to ensure execution of loan production pipelines while delivering top quality customer service to sophisticated (Institutional and High Net Worth) Borrowers.</div><div></div><div><br>
Job Responsibilities</div><ul><li><div>
Support the (CRE, Renewable Energy) team by analyzing and underwriting new loan transactions with a focus on the Solar asset class, with opportunity to cross train on other (CRE, Renewable Energy) asset classes over time (Hospitality, Multifamily, etc.)</div></li><li><div>
Preparation of pre-screen memos, final credit memos, and other analysis for new transactions</div></li><li><div>
Assist in the entire Loan Production process with increasing exposure and responsibility over time</div></li><li><div>
Lead, coordinate, or contribute to special projects, audits, quarterly portfolio reviews, and other ad hoc duties</div></li><li><div>
Serve as a knowledgeable resource in the (Seniors Housing, Solar) industry and develop industry relationships</div></li><li><div>
Be capable of leading all aspects of the transaction, and will execute with support from team members, including:</div><ul><li><div>
Analysis of market and demographic trends</div></li><li><div>
Loan structuring</div></li><li><div>
Review and analysis of due diligence items and reports</div></li><li><div>
Financial spreads and proforma model analysis</div></li><li><div>
Credit presentations</div></li><li><div>
Legal documentation review and negotiation</div></li><li><div>
Maintaining familiarity with applicable systems and ensuring accurate information for team and other departments</div></li></ul></li><li><div>
Interact with other Underwriters, Portfolio Analysts &amp; Managers, Senior Loan Officers, Managing Directors, Construction Team, Loan Operations, Closing, and other departments within the bank</div></li><li><div>
Often work as part of a team in partnership with both junior underwriters and underwriting managers</div></li><li><div>
Maintain a high standard of regulatory awareness including BSA, AML, CIP, and OFAC</div></li></ul><div></div><div><br>
Required Experience</div><ul><li><div>
Bachelor&rsquo;s degree in business or finance and 5+ years of relevant experience</div></li><li><div>
Strong knowledge of credit analysis, spreading and analyzing financial statements, risk analysis, credit scoring, loan documentation, etc.</div></li><li><div>
Strong Excel and modeling skills</div></li><li><div>
Strong working knowledge of banking products, services, policies, procedures and regulations</div></li><li><div>
Excellent organizational skills with ability to prioritize and manage multiple workstreams and shifting priorities</div></li><li><div>
Excellent internal and external customer service and relationship management skills, with ability to maintain effective working relationships with all levels of bank personnel</div></li></ul><div></div><div>
Preferred Experience</div><ul><li><div>
5+ years of CRE underwriting experience and/or real estate or specific background</div></li><li><div>
Ability to take on special assignments on an as-needed, ad-hoc basis</div></li><li><div>
Excellent written and verbal communication skills</div></li><li><div>
Willingness to coach and mentor junior underwriters</div></li><li><div>
Motivated self-starter</div></li></ul><div></div><div>
Our Values</div><ul><li><div>
Dedication: Possess a deep commitment to Live Oak Bank&rsquo;s mission and core values, exemplified through a strong work ethic, adaptability and pride in your work.</div></li><li><div>
Ownership: Take initiative to deliver positive results by proactively and creatively solving problems, while maintaining a high degree of quality.</div></li><li><div>
Respect: Treat everyone with courtesy, politeness, and kindness.</div></li><li><div>
Innovation: Embrace fresh ideas and fearlessly contribute new solutions to emerging or existing problems.</div></li><li><div>
Teamwork: Foster collaboration, accountability, and trust with others and understand that together, we do more</div></li></ul><div></div><div>
For a detailed overview of our employee benefits please visit: <div>http://www.liveoakbank.com/careers/</div></div><div></div><div>
Live Oak Bank is an Affirmative Action and Equal Opportunity Employer, Minorities/Women/Veterans/Disabled. We consider applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, veteran status or disability. Equal access to programs, service and employment is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify human resources at <div>HumanResources@liveoak.bank</div>.</div><div><div>
EEO is the Law</div></div><div></div>
The base pay range for this position is $113,080.00 - $154,200.00 per year. Compensation may also include annual bonuses and long-term incentives, subject to various metrics and company policy. A candidate&rsquo;s salary is determined by several factors including travel, relevant work experience or skills and expertise.<div></div><div>
Please note that we provide at least the minimum requirement of paid sick leave to our employees who reside in states that require employer-paid sick leave, including but not limited to Arizona, California, Colorado, District of Columbia, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington.</div></div>

Senior Commercial Underwriter, Renewable Energy

BankESB

<div><div><i>Compensation for this position is commensurate with experience. The posted range is intended to provide a general estimate and does not guarantee a specific rate of pay.</i></div><div><br>
Hometown Mortgage is a division of bankESB, a Hometown Financial Group company that also includes bankHometown and TruNorth Bank&trade;, we leverage our combined strength, internal shared services model and investments in technology to work with borrowers and homeowners across Massachusetts, Connecticut and neighboring states to make home financing simple and stress-free. At the same time, our commitment to community banking and local roots means we can focus on the unique needs of those who live and work in the communities we serve.<div><b><br>
PRIMARY ACCOUNTABILITIES / RESPONSIBILITIES:</b></div><div>
Performs any functions necessary, within scope of authority and expertise, to provide the highest level of service and responsiveness to customers.</div><div><ul><li>
Responsible for reviewing appropriate level of financial and collateral documentation as required by the bank and the secondary market and to support the loan decision being made.</li></ul></div><ul><li>
Analyzes and signs off on all required documentation including all credit, income, asset and collateral documentation to ensure the documents are satisfactory and meet application guidelines.</li><li>
Demonstrates sound judgment and knowledge of the Bank&rsquo;s underwriting guidelines; reviews and evaluates personal and financial information regarding consumer and residential loan requests to ensure a strong, sound and compliant underwriting decision.</li><li>
Completes underwriting analysis for residential loan applications and home equity applications and then recommends approval or denial based upon completed analysis. Works with the originator(s)/loan processor(s) and explains alternatives to restructure the loan to satisfy lending guidelines, if necessary.</li><li>
Updates information in the mortgage system and follows up with Origination and processing staff on remaining conditions prior to closing. Prepares the file for closing.</li><li>
Responsible for ensuring all Compliance and Regulatory requirements are met throughout the loan process.</li><li>
Monitors updates of current practices in loan underwriting including all investor standards. Keeps abreast of federal and state laws and regulations pertaining to consumer rights, nondiscrimination, fair credit reporting, HMDA. Attends relevant courses and seminars.</li><li>
Works closely with Closing, Post Closing and Shipping on any outstanding condition or investor suspense items.</li><li>
Protect the confidentiality of non-public customer information (NPCI) and the security of our information technology resources. Adhere to the Bank&rsquo;s Acceptable Use Policy, participate in security awareness training and successfully pass social engineering testing which are designed to provide the education necessary to enable employees to keep the bank secure. Employee awareness and vigilance are required in following these cyber security best practices and are the most effective weapon we have against cyber threats and fraud.</li></ul><div></div><div><b><br>
OTHER ACCOUNTABILITIES / RESPONSIBILITIES:</b></div><div>
The Bank encourages participation in a community development service within the Bank&rsquo;s assessment area. Community development encompasses affordable housing and community services that target low to moderate income individuals and activities that revitalize or stabilize targeted low to moderate income neighborhoods. Community development services must be related to providing a financial service or use the financial expertise of the bank employee. Examples include:</div><div><ul><li>
Offering accounting skills to a local charitable organization that serves low to moderate income individuals;</li><li>
Performing bookkeeping services for low to moderate income seniors;</li><li>
Teaching a financial literacy program for low to moderate income school children;</li><li>
Fundraising on behalf of a local or state agency that provides services and/or programs targeting low- or moderate-income individuals;</li><li>
Activities that revitalize or stabilize low- or moderate-income areas;</li><li>
Encourages CRA qualified volunteerism.</li></ul></div><div></div><div><b><br>
POSITION REQUIREMENTS:</b></div><ul><li>
Position requires an associate degree in a business-related field or the equivalent of 8 years recent underwriting experience.</li><li>
Active DE Chums number to underwrite FHA loans with a minimum of 3+ years&rsquo; experience</li><li>
3+ years&rsquo; experience underwriting VA and USDA loans</li><li>
Working knowledge of Encompass is required</li><li>
Must have working knowledge of FNMA and FHLMC guidelines.</li><li>
Experience with underwriting Housing agency and Mortgage Partnership Finance loans and loans with grant providers such as FHLB is a plus.</li><li>
Recent experience in reviewing condominiums to ensure compliance with FNMA and FHLMC guidelines is a plus.</li><li>
Strong communication, organizational, and analytical skills required.</li><li>
Must be able to use various office equipment including a PC.</li></ul><div></div><div><br>
Work arrangement: May be fully remote, but candidates must reside in MA, CT, NH or RI to align with company, tax, and employment regulations. Must be willing and able to travel to North Attleboro, MA.</div><div></div><p><b><br>
An Affirmative Action/Equal Opportunity</b> Employer of protected veterans and individuals with disabilities. Applicants for employment are considered without regard to race, creed, color, religion, sex, gender identity, sexual orientation, marital status, genetic information, national origin, age, disability, status as a veteran, Vietnam Era Veteran, or being a member of the Reserves or National Guard. Also, it is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.</p></div></div><p></p>

CreditSea

<p>About the Company:</p><p>At Credit sea, we partner with heading NBFCs to help Customers find the best online financial solutions, including quick and hassle-free loans. Our skilled team provides assistance every step of the way, from Completing your loan documents to ensuring fast disbursal of funds.</p><p>About The Role:</p><p>We are looking for a detail-oriented and analytical Credit Underwriter to join our Credit &amp; Risk team. The ideal candidate will assess loan applications, evaluate creditworthiness, and make informed decisions that align with the company&rsquo;s risk appetite and business goals.</p><p>Key Responsibilities:</p><p>Review and analyze loan applications, financial documents, and credit reports</p><p>Assess applicant risk by evaluating income, liabilities, employment, and repayment capacity</p><p>Make clear, data-driven underwriting decisions within defined turnaround times</p><p>Ensure compliance with internal policies, regulatory norms, and credit risk standards</p><p>Collaborate with sales, collections, and operations teams to ensure seamless customer journeys</p><p>Continuously refine underwriting criteria based on performance and market trends Document decisions and maintain accurate underwriting records</p><p>Qualifications:</p><p>Bachelor&rsquo;s degree in Finance, Economics, Business, or related field 1&ndash;3 years of experience in credit underwriting, preferably in NBFCs or fintech companies</p><p>Strong understanding of credit risk, financial ratios, and lending practices</p><p>Proficiency in MS Excel and credit scoring tools</p><p>High attention to detail and strong analytical skills Ability to work independently and make sound judgments</p><p>Experience in underwriting unsecured loans or digital lending platforms(Preferred)</p><p>If you're someone who enjoys working with data, has a sharp eye for risk, and thrives in a dynamic environment&mdash;we&rsquo;d love to hear from you!</p><p>Job Type: Full-time</p><p>Pay: ₹240,000.00 - ₹420,000.00 per year</p><p>Benefits:</p><ul><li>Health insurance</li><li>Paid sick time</li><li>Paid time off</li><li>Provident Fund</li></ul><p>Work Location: In person</p>

Sanction Executive/Credit Analyst

Valon Mortgage

<div><h2 class="jobSectionHeader"><b>About the Company</b></h2><p>
Valon is transforming both mortgage servicing and consumer direct lending with a technology-first approach. Backed by Andreessen Horowitz (a16z) and managing over $130 billion in loans, we&rsquo;ve built our platforms from the ground up&mdash;not on outdated legacy systems&mdash;so homeowners, lenders, and investors experience greater transparency, efficiency, and care. By unifying processes into a modern, AI-native operating system, we&rsquo;re leading the way in automation, compliance, and continuous improvement across our servicing and lending businesses.</p><p></p><p>
Our mission is to empower every homeowner by making the mortgage experience simple, secure, and financially empowering. To achieve this, we bring together world-class engineers, servicing experts, lending professionals, and operations leaders who share a passion for improving the homeowner journey. We&rsquo;re not only reshaping what servicing and lending look like today&mdash;we&rsquo;re creating opportunities for talented people to help drive the future of the industry.</p><p></p><p>
As we continue to grow, Valon is expanding its footprint across multiple states, opening the door to exciting new roles and career paths. Joining Valon means becoming part of a fast-scaling company where innovation, collaboration, and customer impact go hand in hand. Mortgage is just the beginning&mdash;we&rsquo;re building the future of regulated finance, and we want you to be part of it.</p><p></p><h2 class="jobSectionHeader"><b>
Mortgage Assistance at Valon</b></h2><p>
The Mortgage Assistance team is a group of organized and altruistic individuals who provide exceptional customer service to our homeowners who are currently facing financial hardship that directly impacts their ability to make monthly mortgage payments. This team will take ownership and provide support to homeowners by educating them on various Mortgage Assistance programs that are available and will guide them through the entire process in an attempt to prevent foreclosure. Equipped with extensive knowledge of the mortgage industry, each member prides themself on driving Valon's mission of championing homeownership.</p><h2 class="jobSectionHeader"><b><br>
About The Role</b></h2><p>
The Default Analyst- Mortgage Assistance Underwriter will work to provide solutions for existing homeowners of Valon Mortgage who are experiencing hardships. This individual will report to the Director of Loss Mitigation and will be responsible for providing best-in-class customer service to both homeowners and internal customers to support Valon&rsquo;s strategic goals. The primary objective of this role will be to determine the best workout option for homeowners with mortgages within Valon&rsquo;s servicing portfolio, strengthening both homeowner and investor relationships.</p><h2 class="jobSectionHeader"><b><br>
Responsibilities</b></h2><ul><li><p>
The Underwriter plays an integral part in reviewing and implementing loss mitigation workout options within the Mortgage Assistance business unit. Under the general supervision of the Mortgage Assistance Manager, the Underwriter will be responsible for reviewing mortgage assistance applications and managing a caseload of files, including all steps necessary from application to modification.</p></li><li><p>
This position will have a basic understanding of mortgage servicing and provide support to the Underwriting team.</p></li><li><p>
Review customer documentation in accordance with Regulation X (30 calendar days) to determine if the homeowner qualifies for a loss mitigation option; report information to the investor, client, and insurer.</p></li><li><p>
Order and review BPO/AVM/appraisal as applicable.</p></li><li><p>
Calculate income, expenses, and escrow advances in accordance with departmental and investor/insurer/client guidelines.</p></li><li><p>
Accurately and timely update template steps and system notes to reflect the current status of the file.</p></li><li><p>
Order and review title searches as applicable.</p></li><li><p>
Review and implement according to an investor, client, and insurer for loan modifications, forbearances, and repayment terms, short sales, and deeds in lieu.</p></li><li><p>
For short sales, review marketing strategies, listing history, and offer activity.</p></li><li><p>
Handle counter offers in accordance with departmental procedures and investor/insurer/client guidelines.</p></li><li><p>
Request and follow up on foreclosure holds as necessary.</p></li><li><p>
Submit loss mitigation requests to the investor/client/MI for approval as required.</p></li><li><p>
Decline files as directed in accordance with departmental procedures as set forth by investor/client/investor/insurer guidelines and send an appropriate denial letter if the homeowner does not qualify for a workout option.</p></li><li><p>
Prepare and send trial period documents, forbearance plan documents, repayment plan agreements, short sale approval, closing letters, and decline letters as needed.</p></li><li><p>
Contact homeowners and real estate agents to provide the status of files</p></li><li><p>
Handle all written and verbal correspondence professionally between the homeowners, client, investor, insurer, subordinate lien holders, real estate agents, consumer credit counseling services, and foreclosure attorneys.</p></li><li><p>
Complete 2nd Look/QA process to ensure compliance with investor/insurer/client guidelines.</p></li><li><p>
Work in conjunction with vendors to oversee the generation and compliance of modification, short sale, and deed-in-lieu-of foreclosure documentation.</p></li><li><p>
Additional duties may be assigned.</p></li></ul><h2 class="jobSectionHeader"><b><br>
Minimum Qualifications</b></h2><ul><li><p>
High School Diploma or equivalent required</p></li><li><p>
Knowledge of FHA, VA, USDA, Fannie Mae/DU, and Freddie Mac / LPA guidelines and automated underwriting systems.&quot;</p></li><li><p>
Ability to critically examine credit, income, assets, title, and appraisals for adherence to company, investor, and GSE underwriting guidelines.</p></li><li><p>
2 years of Collections, Loss Mitigation, or other mortgage banking, mortgage servicing, or real estate-related experience.</p></li><li><p>
2 years of mortgage loan origination/modification experience, 2 years of telephone customer contact experience.</p></li><li><p>
Knowledge of the Fair Debt Collection Protection Act.</p></li><li><p>
Ability to work independently in a fast-paced environment as well as part of a team, and focus on results.</p></li><li><p>
Ability to learn rules, regulations, and laws in order to meet state, investor, client, and insurer guidelines.</p></li><li><p>
Ability to structure a workout that serves the best interests of the homeowner/investor/insurer/client.</p></li><li><p>
The ability to apply general rules to specific problems to produce answers that make sense. As well as the ability to combine pieces of information to form general rules or conclusions.</p></li></ul><h2 class="jobSectionHeader"><b><br>
Ideal Background</b></h2><ul><li><p>
5+ years of mortgage/modification underwriting experience</p></li><li><p>
2+ years of Manual Underwriting experience</p></li><li><p>
3-5 years of processing and/or closing experience</p></li><li><p>
Understanding of mortgage industry federal regulations, including RESPA, TILA, ECOA, TRID, CFPB, etc</p></li><li><p>
Strong communicator with excellent writing skills</p></li><li><p>
High integrity with strong ethical values</p></li><li><p>
Team player with the ability to work effectively with a variety of team members</p></li></ul><h2 class="jobSectionHeader"><b><br>
Benefits</b></h2><ul><li><p>
Compensation: competitive salary and 401 (k) plan</p></li><li><p>
Health &amp; well-being: we&rsquo;ll invest in your physical and mental well-being with comprehensive medical, dental, &amp; vision benefits</p></li><li><p>
Commuter benefits: We offer pre-tax deductions for public transportation, rideshare services, and parking expenses to make your commute more affordable and convenient.</p></li><li><p>
Grow together: Company-wide orientation for you to successfully onboard and other learning &amp; development opportunities, including regular review cycles that feature 360-degree feedback</p></li><li><p>
Generous time off: 17 days paid time off, sick days, and 11 company holidays</p></li><li><p>
Baby bonding time!: 12 weeks off for both birthing and non-birthing parents - fully paid, so you can focus your energy on your newest addition</p></li></ul><p></p><p><i>
Throughout the interview process, please remember that emails will only be from </i><i>valon.com</i><i> email addresses. We will never ask for any personally identifiable information during the interview process itself. Please reach out to talent@valon.com if you have any requests to verify the authenticity of an outreach.</i></p><p></p><p><i>
Valon is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. Valon makes hiring decisions based solely on qualifications, merit, and business needs at the time.</i></p><p>
Compensation Range: $51K - $69K</p></div>

Default Analyst - Mortgage Assistance Underwriting

Search 1655+ Loan underwriter jobs near you this March. New roles added regularly across leading industries. Apply today.

1655 loan underwriter jobs Near Me

Mortgage Underwriter

Senior Mortgage Underwriter

Commercial Credit Underwriter

Senior Commercial Underwriter, Renewable Energy

Mortgage Underwriter

Sanction Executive/Credit Analyst

Default Analyst - Mortgage Assistance Underwriting