Mortgage Loan Underwriter

## Mortgage Loan Underwriter First Palmetto Bank is seeking a Mortgage Loan Underwriter to play a critical role in our lending operation. In this position, you'll be responsible for evaluating and analyzing loan applications to determine the creditworthiness of borrowers while ensuring compliance with lending policies and investor guidelines. You'll make informed decisions that balance risk assessment with customer service in a fast-paced mortgage environment. ### What You'll Do You'll analyze residential mortgage loan applications by reviewing credit reports, income documentation, asset statements, property appraisals, and other supporting documents. Your work will determine whether borrowers qualify for loan products based on investor and regulatory guidelines including Fannie Mae, Freddie Mac, FHA, VA, and USDA programs. Your responsibilities include reviewing and assessing risk on both conventional and government-backed loans while maintaining sound underwriting judgment and adherence to established underwriting standards. You'll issue loan approvals, counteroffers, suspensions, or denials, with careful documentation of your underwriting rationale. Working closely with loan processors, originators, and closers, you'll obtain missing information and clarify documentation as needed. Staying current is essential in this role. You'll maintain knowledge of loan program guidelines, compliance requirements, and market trends. You must ensure all loans meet applicable federal and state regulations, including TRID, RESPA, and ECOA requirements. You'll utilize automated underwriting systems like DU and LP while performing manual underwriting when necessary, and maintain productivity, quality, and turn-time standards as defined by management. Participation in internal and external audits is expected, providing documentation and responses as requested. ### Required Experience and Qualifications You'll need 3+ years of experience underwriting residential mortgage loans. A high school diploma or equivalent is required; a bachelor's degree in finance, business, or a related field is preferred. Technical proficiency is crucial—you must have experience with loan origination systems like Encompass and automated underwriting systems (DU, LP). In-depth knowledge of mortgage lending regulations and underwriting guidelines is essential to your success here. Beyond technical skills, you'll need strong analytical and decision-making abilities with a high level of accuracy and attention to detail. Excellent written and verbal communication skills will support your collaboration with team members. You should be able to work independently and manage a high volume of files in a demanding environment. DE (Direct Endorsement) certification for FHA loans is required. SAR/LAPP approval for VA loans is preferred. ### What We Offer First Palmetto Bank provides group health insurance including long-term disability coverage with optional dental and vision plans, as well as short-term disability options. You'll have access to a bank-sponsored retirement program and paid vacation. First Palmetto Bank is an equal opportunity employer, providing employment to all persons regardless of race, color, religion, sex, national origin, age, marital status, disability, or genetic information. We believe that the sky is the limit with the right team in place. --- _This job was found on [bandana.com](https://www.bandana.com/?utm_source=jd_attribution&utm_medium=repost)_