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Ent Credit Union Mortgage Loan Underwriter Or Underwriter Jr (Depending On Ex in Colorado Springs, Colorado

Position Description:For Junior:A Junior MLU position requires the ability to interpret and apply internalpolicies and external guidelines, make decisions regarding what theorganization will do in relation to the scope of the department, andexercise discretion about significant matters with in their scope.Junior MLU are responsible for managing the loans through final creditapproval including working with MLOs, MLAs, and MLCs.Reviews and evaluates information on mortgage loan documents to determine ifbuyer, property and loan conditions meet established investor standards forall FNMA and portfolio loan types as applicable.Examine and evaluate documents such as application forms, inspectionreports, financial reports, and other data to determine degree of riskFor Underwriter:Position requires an individual with the ability to interpret and applypolicy, make decisions regarding what the organization will do in relationto the scope of the department, and exercise discretion about significantmatters.An Underwriter has superior credit training and excellent organizationalskills. Underwriters are responsible for managing the loans through finalcredit approval including working with MLOs, MLAs, and MLCs.Reviews and evaluates information on mortgage loan documents to determine ifbuyer, property and loan conditions meet established investor standards forall conventional, portfolio, FHA, VA, CHFA, FHLB and other investorsas applicable.Examine and evaluate documents such as application forms, inspectionreports, financial reports, and other data to determine degree of riskEssential Job Duties and Responsibilities:For Junior:Assist the Mortgage Loan Underwriters with basic underwriting functions suchas denied loan reviews, conventional appraisalsPerform and document pre-closing and post-closing loan file audits and providefeedback to staff for FNMA and Portfolio)Other duties as requiredFor Underwriter:Perform and document pre-closing and post-closing loan file audits and providefeedback to staff for all loan types to include FNMA, FHA, VA, CHFA,Construction, Land, and Portfolio)Serve as the team resource to all mortgage lending staff.Perform manual underwriting for loans that are complex in nature or that falloutside investor guidelines. Approve or decline loans per investor guidelinesand Credit Union lending authority limits.Assist with Development, implementation, and maintaining trainingcurriculum for any/all Mortgage Lending Departments covering various topicsrelated to 1st mortgage loan products (FNMA/FHA/VA/CHAFA,construction, land, and investment portfolio), terminology, systemsusage, investor regulations, CU policies and department process flows andprocedures. Coordinate and/or facilitate training for all new REL staff aswell as on-going training for existing staff.Other duties as required.Minimum formal education required for this position:High School Diploma or equivalent.Each year of relevant work experience may be exchanged for a year in arelevant degree program or vice versa. For example, a requirement ofKnowledge Consistent with a Bachelors Degree in Accounting and 2+ years ofaccounting experience could be substituted for a High School Diploma and 6years of relevant accounting work experience or a Masters Degree in Accountingand 0 years of work experience.Minimum work experience:For Junior:4+ years combined customer service, consumer and/or mortgage lendingexperience with at least:2+ years experience in consumer and/or mortgage lendingFor Underwriter:6+ years combined customer service, consumer and/or mortgage lendingexperience with at least:4+ years experience in first mortgage with originating, processing,compliance/QC and/or underwriting.Technical or specialized knowledge/skills:For Junior:Working knowledge of 1st mortgage products that may include Conventional,FHA, VA, construction, land, portfolio investment properties, andreverse mortgage loans.Working knowledge of investor and lending regulations.Ability to analyze memb

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