Mtge Ln Underwriting Mgr

Mtge Ln Underwriting Mgr

Mtge Ln Underwriting Mgr







Job ID: MTMOUN11-1050 Company Name: First Bank
Description:

Our Most Valuable Asset? Our People.

Dollars and cents aren't our only focus. At First Bank, we're about people. The type of people who are talented, responsible and seek rewarding careers. We encourage our employees to help us build a productive atmosphere of both personal and corporate growth. The result? Outstanding career paths for our employees; the best possible service for our customers; and a strong financial institution that represents trust, dignity and integrity.
Why First Bank?
· We've been First Bank since 1910 and we're going to stay that way
· We trust our employees to achieve great things and we will work with you to develop your professional career
· We empower employees,fostering an entrepreneurial spirit that embraces self-responsibility without the pitfalls of micro-management
Although we're one of the most diverse diverse banks in the nation, we'd like to be better known as your friendly bank down the street. The First Bank team is made up of the people who make up our community. Become a part of our dynamic company and make an impact in the following role:

MORTGAGE LOAN UNDERWRITING MANAGER
Be part of an entrepreneurial environment! Your primary responsibilities will be:
* Confirms maximum loan amount and LTV requirements

* Determines amount of incomes earned through analysis of employment verification documentation and/or tax returns

* Documents sufficient assets to close

* Determines adequacy of credit documentation provided (verifications and supporting data)

* Fully understands and is able to accurately interpret credit reports and credit reporting requirements

* Analyzes risk and makes a final credit decision for the application

* Reviews the loan file for compliance with all regulatory requirements needed at initial application: TIL, good faith estimate, servicing transfer disclosure and authorization

* Issues loan approval/commitment or notice of adverse action in a timely manner

* Assists Mortgage Underwriters Level I with questions or issues

* Performs second level review of denied loans

* Directly supervises non-supervisory employees in the Mortgage Loan Underwriting Department

* Carries out supervisory responsibilities in accordance with the organization's policies and applicable laws

* Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems

We are seeking talented individuals with the following qualifications:

* High school diploma or general education degree (GED); and seven to ten years related experience and/or training; or equivalent combination of education and experience

* Completely knowledgeable of underwriting/qualifying requirements for First Bank and secondary market investors, including FHA, VA,, FMHA, Fannie Mae, Freddie Mac and private companies

* Previous management experience of one to two years required.


Join the First Bank team. We are growing and invite you to become part of our exciting growth! Apply today!



EOE M/F/D/V

Requirements:


Required Expertise: Mortgage - Underwriting
Type of Job: Full Time
Work Location(s) MO - Chesterfield
Required Years of Experience: 7-10 years