Mortgage Underwriter

JOB REQUIREMENTS: Mortgage Underwriter Job Locations US-WI-Monona # of Openings 1 Category Mortgage Overview Lake Ridge Bank is searching for a Mortgage Underwriter based at our Monona Drive office! The Mortgage Underwriter is responsible for underwriting all first mortgage, secondary market and portfolio loans. Must have knowledge of FHLB, Fannie Mae, Freddie Mac, WHEDA, and mortgage insurance underwriting and compliance guidelines. This position is also responsible for underwriting consumer HELOC and HELOANS according to LRB loan policy. The Mortgage Underwriter is responsible for assuring loan policies and procedures are adhered to throughout the loan process. Responsibilities Mortgage Underwriting Underwrite all first mortgage applications for accuracy, compliance, and according to LRB loan policy and secondary market guidelines Validate AUS findings, assets, income, and collateral documentation Review Appraisals to ensure valuation is accurate and value is supported Review title work and flood determinations Communicate with loan officers and processors as needed so all parties are aware of loan status and outstanding conditions Assist lending staff with finding solutions to complex underwriting questions and scenarios Consumer Underwriting Verify appropriate application documents are properly executed for new loans Confirm LRB lending guidelines are met for loan request Validate income, assets, and collateral documentation Review title work and flood determinations Present educational, procedural, and compliance materials to retail staff as needed Compliance Monitoring Responsible for making timely decisions in accordance with Regulation B Perform secondary review of denials when needed Ensures accurate HMDA reporting on files worked Qualifications Minimum 3 years experience in production underwriting Encompass experience is preferred Strong understanding of conventional underwriting guidelines is required Intimate working knowledge of FNMA DU and FHLMC LPA Well-developed interpersonal and communication skills in order to effectively communicate with associates and... For full info follow application link. The State Bank of Cross Plains values a diverse workforce and is an Affirmative Action/Equal Opportunity Employer. Minorities, Females, Veterans and Individuals with Disabilities encouraged to apply. Consistent with State Bank of Cross Plains\' commitment to employ and advance qualified individuals with disabilities, State Bank of Cross Plains provides reasonable accommodation to apply for or perform a job. Some examples of reasonable accommodation include alternate methods to apply, provide documents in an alternate format, altering work procedures, specialized equipment or use of an interpreter. If an individual needs reasonable accommodations to apply or perform a job here at State Bank of Cross Plains, please contact Human Resources at (608) 849-2700 or email us. ***** APPLICATION INSTRUCTIONS: Apply Online: ipc.us/t/E185EE878BEE43D3