Are you ready to be a crucial player in helping people achieve their homeownership dreams?
At Genisys Credit Union, we're more than just a financial institution-we're a choice employer committed to the success and growth of our amazing team members! We're searching for a highly motivated and detail-oriented Full-Time Real Estate Lending Underwriter to join our dynamic Mortgage Center team. If you're passionate about making sound, ethical decisions and thrive in a fast-paced environment, this is your chance to shine!Your Mission (Position Purpose)
You are the Mortgage File Detective! Your mission is to dive deep into lending documentation-including applications, employment history, income, assets, liabilities, credit reports, purchase agreements, and appraisals-to ensure every mortgage application is solid. You'll make the final call on whether a loan conforms to our credit union and crucial Fannie Mae guidelines, protecting both the member and the institution.What You'll Be Doing (Job Duties - includes but is not limited to)
As an Underwriter, you'll be on the front lines of decision-making, where your expertise directly impacts our members' lives.
Identify the Story: Pinpoint potential risks and mitigating factors that influence a member's ability to repay their loan.
Analyze with Precision: Conduct comprehensive analyses of credit, income, assets, purchase agreements, appraisal, title work, homeowner insurance, and compliance to ensure every lending decision is prudent.
Master of the Rules: Formulate effective decisions on borrower creditworthiness based on current Fannie Mae, credit union, and Ability to Repay underwriting guidelines.
Quality Control: Complete thorough audits of loan files to verify accuracy against supporting documents and ensure compliance with all regulatory guidelines.
The Math Whiz: Cross-check the accuracy of all file-related calculations.
Manual & Automated Expertise: Transmit data to automated underwriting engines and demonstrate the ability to manually underwrite first and second mortgage files, confidently recommending exceptions when appropriate.
Problem Solver: Provide sound and creative alternative solutions to challenges.
Finalizing the Deal: Determine all satisfactory closing and prior-to-closing conditions.
Clear Communication: Issue timely approval, suspense, and/or decline letters, ensuring borrowers are notified in writing within 30 days of application under ECOA.
Speed & Efficiency: Maintain excellent service level standards for prompt turnaround on initial approval, conditional approval, and clear-to-close files.
Own Your Caseload: Prioritize your underwriting pipeline to meet critical deadlines for lock expirations, contract expirations, or guideline changes.
Team Player: Maintain positive relationships with team members, assist others in achieving monthly/annual goals, and actively support the Credit Union's objectives.What You'll Bring (Qualifications & Experience)
A high school diploma or equivalent is essential.
A minimum of 3 years of experience in Conventional & Portfolio Mortgage Underwriting.
In-depth Knowledge of FNMA guidelines.
Familiarity with financial statements, credit reports, tax returns, and appraisals.
Required experience with DU and/or LP.Your Toolkit (Skills & Abilities)
Excellent Communication Skills-You'll be the liaison for complex decisions.
Sound Credit Judgment-Your decisions will be sharp and fair.
Good Basic Math Skills-Essential for accuracy.
Tech Savvy-Able to efficiently use related computer applications.
Laser Focus-Well organized and attentive to detail.The Awesome Perks (Benefits)
We know you work hard, and we reward you for it! Join Genisys and enjoy:
Generous Paid Time Off (PTO).
Comprehensive coverage: Health, Dental, Vision, Life Insurance, Flexible Spending Accounts, and Short Term/Long Term Disability.
Invest in yourself with Paid Tuition up to $5,000 per year!
Bereavement Pay and Holiday pay at 8 hours per observed holiday.
Free Financial Planning Assistance.
Secure your future with our 401k up to 3% match and a 5% Profit Share!
Enjoy a flexible work schedule as needed.
EOE M/F/Disability/Veteran
