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Mortgage Underwriter

Mortgage Underwriter

Honor Credit UnionBerrien Springs, MI, United States
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Position : Mortgage Underwriter

Location : Berrien Springs, MI

Job Id : 3063

# of Openings :

Mortgage Underwriter - Michigan / Hybrid Work Eligible (Full-Time)

This is a Hybrid / Remote Work Eligible position. You may be required to come into the Berrien Springs or Marquette, MI office periodically to ensure business needs are met.

ABOUT HONOR :

At Honor Credit Union, we've been putting members first since 1934. Our team remains true to our member promise : Providing Solutions For Your Financial Success. Honor members enjoy extraordinary member service at 28 branches, and worldwide through online banking.

OUR TEAM :

As a team member at Honor Credit Union, you are genuinely part of a family. We leave the term "employee" at the door because you're much more than that; you're a valued member of the Honor Team and its success. We don't settle for good; we strive to be great, and that starts with the individuals that live out the "I Am Honor" promise every day.

At our core, we are obsessed with providing extraordinary member experience with solutions for financial success. We are rooted in the belief that finances don't have to be intimidating and giving back to the communities we serve is essential. We are made up of outgoing, positive, friendly, and highly experienced individuals, which creates an inclusive, stimulating atmosphere. Smiling is the epitome of our culture, and like kindness, we believe smiling is contagious - it's no accident that you'll find a smiley face on all things Honor.

COMMITMENTS TO LIVING "I AM HONOR" :

  • Act with Urgency and Care - You have the direct authority and responsibility to act and seek out solutions.
  • The Platinum Rule - Treat others the way they want to be treated.
  • Make the Connection - Develop genuine relationships so you can provide a "WOW" experience.
  • See a Need, Fill a Need - Seize opportunities to help others meet their needs, whether they are known or unrealized.
  • Reason over Rules - Make decisions that are good for the person and good for Honor.
  • Cultivate Peace & Love - Uphold an environment where diversity is celebrated, kindness is contagious, and everyone belongs.

WHAT WE ARE LOOKING FOR :

  • Reviews, evaluates, and decisions simple to complex mortgage and home equity loan files using the internal Underwriting Standards, as well as general FNMA, FHLMC, and Rural Development underwriting guidelines, to determine the creditworthiness of the applicant.
  • Reviews and analyzes high-value and intricate mortgage loan applications, including but not limited to, jumbo loans, construction loans, and loans for self-employed borrowers with non-traditional income sources and provides clear direction to team members with regard to pre-close and at close underwriting conditions.
  • Stays current on all FNMA, FHLMC, FHA, selling guide and policy updates.
  • Acts as a subject matter expert communicating with Mortgage Loan Originators, Processing, and Closing regarding decisions, exception requests, and loan scenarios.
  • Understands current regulations in Real Estate Lending and apply these regulations to the Underwriting process. Makes recommendations for exceptions to loan policy. Assists with the development of policies and procedures for loan activities.
  • Maintains timeliness for reviewing files and providing decisioning.
  • Ensures lending decisions are completed in accordance with established policies and procedures and related legal requirements. Helps conduct quality control reviews to ensure consistency and accuracy across the team.
  • WHAT WE EXPECT FROM YOU :

    EDUCATION / CERTIFICATION :

  • College degree in Business, Finance or a related field; or an equivalent combination of training and work experience.
  • EXPERIENCE REQUIRED :

  • Three to five years of underwriting or related experience, including preparatory experience.
  • KNOWLEDGE / SKILLS / ABILITIES :

  • Must have a demonstrated ability to keep finances in order.
  • Sound credit judgment and math ability.
  • Strong listening, verbal, and written communication skills.
  • Be self-directed and able to work with minimal supervision.
  • Handle issues with tact, diplomacy, and an appropriate sense of urgency.
  • Good attention to detail and ability to meet deadlines.
  • Exceptional problem-solving skills.
  • WHAT'S IN IT FOR YOU :

    Honor has excellent benefits for all full and part time team members. We offer :

  • Medical with prescription coverage, Dental, and Vision.
  • 401k employer contribution & matching program.
  • Paid time off and paid holidays (including your birthday!).
  • Paid community volunteer hours.
  • Wellbeing spending account.
  • Various discounts on credit union products and services for team members & their families.
  • Additional perks included.
  • Apply for this Position

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    Mortgage Underwriter • Berrien Springs, MI, United States

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