Applicant will underwrite conventional and VA loans in accordance with investor guidelines. Requires Bachelor’s degree in related field(or an equivalent combination of education and experience), three years mortgage processing or second mortgage underwriting experience and excellent documentation, organization and analytical skills along with excellent oral communication skills.

Essential Duties

• Completes a thorough analysis of loan files to determine compliance with PFCU, investor and VA guidelines.
• Evaluates the entire credit package and collateral for residential mortgage loans and ultimately ensures an investment quality loan product and creditworthiness of the borrowers and acceptability of the collateral. Identifies potential quality loans to be held in portfolio if secondary market guidelines can not be met.
• Verifies the accuracy of all calculations.
• Recommends the loan disposition, for loan amounts in excess of authority limitations, to Manager.
• Maintains a working knowledge of secondary market underwriting guidelines, private investor and private mortgage insurance guidelines.
• Assists in the development of underwriting standards.
• Assists mortgage loan consultants in qualifying loans.
• Provides assistance to processors, giving general guideline interpretations and answering questions on specific loan files.
• Responds to post closing review and audits in a timely fashion.

Great Benefits Available!

• Medical
• Dental
• Vision
• 401k (with company match)
• Tuituion Reimbursement
• Company Paid Disability Plan
• Generaous Leave Program

Bachelor's degree in related field or combination of education and experience that provides the necessary skills and knowledge to satisfactorily perform the essential job functions.

Three years mortgage processing experience or second mortgage underwriting experience, required. Three years work experience required, preferably with one year related work experience in residential mortgage lending or 1st Trust Mortgage or Home Equity processing/closing.