BOFA Jobs – Mortgage Underwriter

Job Description:

Underwrites residential loans ensuring compliance with appropriate company and secondary market investor standards. As a Bank of America Mortgage Underwriter you will be responsible for but not limited to the underwriting of residential loans ensuring compliance with appropriate company and secondary market investor standards.

Job Responsibilities:

• A Mortgage Underwriter will be responsible for examining loan documentations for accuracy and completeness while working with loan originator or production staff to secure all required documents.
• You may be required to work with more senior mortgage underwriters on loan exceptions having the authority to withdraw and decline loans.
• Mortgage Underwriters may be involved in one or several types of mortgage lending (conventional, government-backed, etc.)
• You may also be required to respond directly to individual and investor audits.
• This job code includes all levels of underwriting authority and exception levels.
• May respond to individual and investor audits.
• Must achieve government underwriting authority consistent with individual level of experience, including a successful CAIVERS check.
• This position is subject to SAFE Act registration requirements.
• Pursuant to the SAFE Act requirements, all employees engaged in residential loan mortgage originations must register with the federal registry system and remain in good standing.
• Since your position requires SAFE Act registration, you will be required to register and to submit to the required SAFE Act background check and registration process.
• Failure to obtain and/or maintain SAFE Act registration may result in disciplinary action up to and including termination.

Job Requirements:

• Excellent interpersonal skills
• Strong oral and written communication skills; able to deliver complex information clearly, concisely and understandable
• Strong analytical skills
• Ability to assess an individual’s creditworthiness while adhering to all regulatory and compliance requirements
• Minimum of 1 year of manual underwriting experience
• Must have excellent problem solving skills
• Thorough understanding of credit and an ability to review complex financial documents
• Thorough understanding of credit and an ability to review complex financial documents

Job Details:

Company: Bank of America

Vacancy Type: Full Time

Job Location: Tampa, FL, US

Application Deadline: N/A

Apply Here

vacanciesforyou.net