Mortgage Underwriter

M&T Bank

Williamsville, NY, United States
$22.61 - $37.67 hourly ph
On-site
Underwrite conventional residential mortgage loans
Aus and/or manual underwriting
Compliance with federal and state laws
M&T Bank is seeking a Mortgage Underwriter in Williamsville, NY, responsible for evaluating mortgage loans to ensure compliance with bank and investor standards, while maintaining sound credit quality. The ideal candidate will have at least two years of relevant experience and a strong understanding of mortgage guidelines and underwriting processes

Job Summary

  • Responsible for underwriting mortgage loans to determine acceptability with M&T Bank and secondary market standards set by the investor.
  • Ensures loans are in compliance with investor requirements, federal and state laws and regulations, and performs risk assessment of credit and collateral.
  • Works with internal and external staff to expedite the decision process and loan closings for mortgage loans submitted for approval.

Matching Summary

Match Score: 85

M&T Bank is seeking a Mortgage Underwriter in Williamsville, NY, responsible for evaluating mortgage loans to ensure compliance with bank and investor standards, while maintaining sound credit quality. The ideal candidate will have at least two years of relevant experience and a strong understanding of mortgage guidelines and underwriting processes.

Salary

$22.61 - $37.67 Hourly

Skills & Requirements

Must-have

  • underwrite conventional residential mortgage loans
  • AUS and/or manual underwriting
  • compliance with federal and state laws
  • risk assessment of credit and collateral
  • resolve post-closing issues
  • interpret AUS findings

Nice-to-have

  • keep informed of current practices
  • initiative to stay current on changes

Key Requirements

  • Associates degree or 2 years relevant experience
  • Three years mortgage processing/underwriting experience
  • Federal registration under the SAFE Act

Work Rights

Not specified

Tailored Resume

Cover Letter