Mortgage Loan Underwriter II

Cadence Bank
United States, Mississippi, Tupelo
201 South Spring Street (Show on map)
Dec 23, 2024
Description What The Role Is Under general supervision, the Mortgage Loan Underwriter is responsible for approving or denying mortgage loans based on information provided in a loan application. How You will Make an Impact Verifies income and employment information of borrower. Reviews credit history of borrower. Evaluates the borrower's depository accounts and assets. Determines fair market value for the collateral by reviewing the appraisal. Ensures that property specifications and loan terms meet financial institution requirements and government regulations. After evaluation of the application and collateral, the mortgage underwriter renders the underwriting decision. Documents the reasons for approval or denial of the loan and includes the documentation in the loan file. Provides and maintains a professional, business-like atmosphere within the organization. Who You Are High School Diploma or equivalent. Thorough understanding of all loan programs. Have a good understanding of FHA, VA and conventional underwriting guidelines for all loan investors. Must be able to meet strict time deadlines and work independently under pressure. Must be detail oriented and able to follow set guidelines. Excellent written and verbal communication skills. Works cooperatively with others. Regular and reliable attendance. If your experience aligns with this description, please consider applying. Many skills are transferable among industries and a passion for the role and willingness to learn are important considerations. We believe that a diverse workforce creates problem-solving and creative thinking, which is why we're dedicated to adding new perspectives to the team and encourage everyone to apply. The above statements are intended to describe the general nature and level of the work being performed by people assigned to this work. This is not an exhaustive list of all duties and responsibilities. Cadence Management reserves the right to amend and change responsibilities to meet business and organizational needs as necessary. Cadence Bank is an affirmative action/equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, age, status as a protected veteran, among other things, or status as a qualified individual with disability. #LI-RF1 Qualifications Behaviors Detail Oriented - Capable of carrying out a given task with all details necessary to get the task done well Education High School (required) Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities The contractor will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the contractor's legal duty to furnish information. 41 CFR 60-1.35(c)