Mortgage Underwriter/Sr. Mortgage Underwriter

Employer
Bank of America
Location
Baltimore, MD
Posted
Jan 12, 2022
Closes
Jan 15, 2022
Ref
310903988
Function
Accountant, IT
Hours
Full Time
Job Description:Underwrites residential loans ensuring compliance with appropriate company and secondary market investor standards. As a Bank of America Mortgage Underwriter you will be responsible for but not limited to the underwriting of residential loans ensuring compliance with appropriate company and secondary market investor standards. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with more senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending (conventional, government-backed, etc.) You may also be required to respond directly to individual and investor audits. This job code includes all levels of underwriting authority and exception levels. May respond to individual and investor audits. Must achieve government underwriting authority consistent with individual level of experience, including a successful CAIVERS check. This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination. * This role is eligible for Relocation Assistance* Required skills:Minimum of 1 year of manual underwriting experienceStrong analytical skillsThorough understanding of credit and an ability to review complex financial documentsStrong oral and written communication skills; able to deliver complex information clearly, concisely and understandableExcellent interpersonal skillsMust have excellent problem solving skillsThorough understanding of credit and an ability to review complex financial documentsAbility to assess an individual's creditworthiness while adhering to all regulatory and compliance requirementsAbility to make credit recommendationsCommitment to teamworkAbility to meet production, quality and service standards along with providing direct coaching and feedback to ensure qualitySelf-motivatedAbility to work in a fast-paced, high volume environment, while practicing sound lending judgmentComputer proficiency including high comfort level with Microsoft office product suiteAvailable to work extended hours as business need requires Desired Skills:FHA and VA underwriting experience with DE and SAR. mtgudrJob Band:H6Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:1000 Job Description:Underwrites residential loans ensuring compliance with appropriate company and secondary market investor standards. As a Bank of America Mortgage Underwriter you will be responsible for but not limited to the underwriting of residential loans ensuring compliance with appropriate company and secondary market investor standards. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with more senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending (conventional, government-backed, etc.) You may also be required to respond directly to individual and investor audits. This job code includes all levels of underwriting authority and exception levels. May respond to individual and investor audits. Must achieve government underwriting authority consistent with individual level of experience, including a successful CAIVERS check. This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination. * This role is eligible for Relocation Assistance* Required skills:Minimum of 1 year of manual underwriting experienceStrong analytical skillsThorough understanding of credit and an ability to review complex financial documentsStrong oral and written communication skills; able to deliver complex information clearly, concisely and understandableExcellent interpersonal skillsMust have excellent problem solving skillsThorough understanding of credit and an ability to review complex financial documentsAbility to assess an individual's creditworthiness while adhering to all regulatory and compliance requirementsAbility to make credit recommendationsCommitment to teamworkAbility to meet production, quality and service standards along with providing direct coaching and feedback to ensure qualitySelf-motivatedAbility to work in a fast-paced, high volume environment, while practicing sound lending judgmentComputer proficiency including high comfort level with Microsoft office product suiteAvailable to work extended hours as business need requires Desired Skills:FHA and VA underwriting experience with DE and SAR. mtgudrJob Band:H6Shift: 1st shift (United States of America)Hours Per Week:40Weekly Schedule:Referral Bonus Amount:1000 Job Description: Underwrites residential loans ensuring compliance with appropriate company and secondary market investor standards. As a Bank of America Mortgage Underwriter you will be responsible for but not limited to the underwriting of residential loans ensuring compliance with appropriate company and secondary market investor standards. A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents. You may be required to work with more senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans. Mortgage Underwriters may be involved in one or several types of mortgage lending (conventional, government-backed, etc.) You may also be required to respond directly to individual and investor audits. This job code includes all levels of underwriting authority and exception levels. May respond to individual and investor audits. Must achieve government underwriting authority consistent with individual level of experience, including a successful CAIVERS check. This position is subject to SAFE Act registration requirements. Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing. Since your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process. Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination. * This role is eligible for Relocation Assistance* Required skills:Minimum of 1 year of manual underwriting experienceStrong analytical skillsThorough understanding of credit and an ability to review complex financial documentsStrong oral and written communication skills; able to deliver complex information clearly, concisely and understandableExcellent interpersonal skillsMust have excellent problem solving skillsThorough understanding of credit and an ability to review complex financial documentsAbility to assess an individual's creditworthiness while adhering to all regulatory and compliance requirementsAbility to make credit recommendationsCommitment to teamworkAbility to meet production, quality and service standards along with providing direct coaching and feedback to ensure qualitySelf-motivatedAbility to work in a fast-paced, high volume environment, while practicing sound lending judgmentComputer proficiency including high comfort level with Microsoft office product suiteAvailable to work extended hours as business need requires Desired Skills:FHA and VA underwriting experience with DE and SAR. mtgudr Shift:1st shift (United States of America) Hours Per Week: 40