Mortgage Lending Underwriter I
BB&T Human Systems 879 reviews - Charleston, WV

This job posting is no longer available on BB&T Human Systems. Find similar jobs:Mortgage Lending Underwriter jobs - BB&T Human Systems jobs

Line of Business: Mortgage Group
Job Category: Professionals

Desired Skills:
1. Previous exposure to Home Loan Mortgage Corporate/Federal National Mortgage Association (FHLMC/FNMA), FHA, and VA training sessions

Minimum Qualifications:
1. High school diploma or equivalent education
2. Two or more years of mortgage lending experience as a Mortgage Lending Underwriter or Underwriting Assistant or comparable experience in loan processing and/or originating
3. Must be able to grasp concepts quickly, make sound decisions and be able to communicate effectively with PMI personnel, Investors, FHA, VA, and branch personnel
4. Demonstrated proficiency in basic computer software applications such as MS Office products with emphasis on Word, Excel and PowerPoint
5. Ability to travel, occasionally overnight

1. Ensure loan files are properly set up based on loan type and originating office.
2. Perform detailed underwriting analysis on conforming loans for both credit and documentation deficiencies and determine marketablility of each loan.
3. Prepare files for submission to Federal Housing Authority (FHA), Veteran Affairs (VA), Investors, or Private Mortgage Insurance (PMI ) companies as needed.
4. Request additional information and/or documentation from origination offices as needed and educate originators through appropriate timely feedback.
5. Correspond with PMI companies regarding loan approvals and assist in coordinating required information.
6. Notify originators and other interested parties when loans are approved for closing.
7. Provide useful feedback on a timely basis to branch mortgage personnel and their supervisors.
8. Assist in evaluating and implementing underwriting guidelines as conditions dictate.

Level of position is flexible depending on experience.

About this company
879 reviews
BB&T Corporation (BB&T) is a financial holding company. The Company conducts its business operations primarily through its...