Mortgage Senior Underwriter

MTB (M&T Bank)

Cherry Hill, New Jersey, United States of America
Base: $28.60 - $47.66 hourly; bonus/equity: not sp...
Conventional and fha loan underwriting
Va residential mortgage processing
Automated underwriting system du lp interpretation
The role is responsible for underwriting conventional, FHA, and VA residential mortgage loans to ensure saleability and sound credit quality

Job Summary

  • The role is responsible for underwriting conventional, FHA, and VA residential mortgage loans to ensure saleability and sound credit quality.
  • Candidates must possess a thorough understanding of automated underwriting findings from DU and LP systems to make accurate lending decisions.
  • The position requires maintaining federal registration requirements under the SAFE Act and adhering to all applicable compliance and operational risk controls.

Matching Summary

The role is responsible for underwriting conventional, FHA, and VA residential mortgage loans to ensure saleability and sound credit quality.

Salary

Base: $28.60 - $47.66 Hourly; Bonus/Equity: Not specified; Benefits: Not specified

Skills & Requirements

Must-have

  • Conventional and FHA loan underwriting
  • VA residential mortgage processing
  • Automated Underwriting System DU LP interpretation
  • Federal SAFE Act registration compliance
  • Credit and collateral risk assessment

Nice-to-have

  • Strong verbal and written communication skills
  • Ability to resolve post-closing issues
  • Experience with unique products like construction or CRA
  • Proactive approach to guideline changes
  • Collaboration with external brokers and realtors

Key Requirements

  • Associate's degree or equivalent experience
  • 4 years mortgage underwriting experience
  • Direct Endorsement (DE) or LAPP approval
  • Knowledge of conforming and non-conforming guidelines

Work Rights

Not specified

Tailored Resume

Cover Letter