Mortgage Loan Underwriter

SUMMARY: Reporting to the AVP/Retail Lending Operations Manager, the Underwriter will assist in the production of the Retail Lending Department in underwriting mortgages and home equity products. In this role you will be responsible for determining all underwriting criteria, interpretation, forms, and processes in meeting investor, portfolio, and mortgage insurance guidelines. You will ensure the sale ability of each investor closed loan, balancing risk management responsibilities with creative judgment to maximize lending opportunities. Using Lean principles, you will be looked to, to identify improvements for streamlining operations to optimize efficiencies and maximize profitability. You will assist with projects that affect the department and the bank and act as a resource and back-up for other team members in the Retail Lending Department and its supporting departments. Additionally, this position embraces the established sales and service culture while coaching employees to maximize their contribution to the Banks goals. After successful completion of training and proven abilities, this position is eligible for a hybrid work arrangement with an agreed upon number of days per-week/month on site. o Consistent availability is expected during core business hours. Work outside of regular business hours requires approval on an as needed basis to meet deadlines and fulfil the needs of both internal and external customers. SKILLS REQUIRED: High School diploma or equivalent with 2-3 years relevant work experience typically in a mortgage underwriting role or 5+ or more years of experience in a mortgage loan support role involving knowledge of approval and guideline processes. Working knowledge of all current regulations governing mortgage lending Background in financial institution operating policies and procedures, banking regulations (state and federal); Knowledge of TRID, HMDA, RESPA, TIL, Fair Lending, CRA, ECOA, Reg O and all Lending related Regulations required. Experience with database software, Encompass, COCC and Mortgage Bot systems knowledge preferred. Knowledge of secondary market requirements and residential regulatory compliance is a must DU/LP experience required and strong underwriting background proficient in underwriting the self-employed borrower. Solid understanding of loan documentation criteria and business objectives for Residential Real Estate Lending Knowledge of residential real estate lending practices and related areas knowledge of underwriting, closing and compliance issues Proficient in Microsoft 365 Suite products including, but not limited to Excel, Word, Outlook, Teams, and Sharepoint. Solid understanding and application of administration activities with an understanding of office procedures and ability to operate standard office equipment. Main Street Bank is an Equal Opportunity Employer. Individuals with disabilities and veterans are encouraged to apply. Main Street Bank is committed to working with and providing reasonable accommodation to individuals with disabilities. If you need special assistance or an accommodation while seeking employment, please call: 508-460-4117 or send an email to Human.Resources@bankmainstreet.com. We will make a determination on your request for reasonable accommodation on a case-by-case basis.