Regions Bank Loan Fulfillment Home Loan Direct Underwriter in Hattiesburg, Mississippi
Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
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At Regions, the Loan Fulfillment HLD Underwriter is responsible for evaluating and approving or denying Home Loan Direct (HLD) loan applications in a timely manner according to investor and Regions guidelines.
Validates automated underwriting findings, asset, income, and credit documents while verifying accuracy and completeness
Compares files submitted to ensure Loan-to-value, FICO, Debt-to-income, etc. complies with established guidelines
Sets clear and concise conditions for missing documentation that are necessary to meet investor guidelines
Communicates underwriting decision and explains reasons for conditions in the Empower system
Responds to questions on conditions from processors in a reasonable timeframe
Documents and notifies all parties of any reasons for a suspended file and monitors timelines to make a final approval or decline
Reviews the underwriting conditions and re-runs the Automated Underwriting, if applicable
Performs cursory review of the appraisal for accuracy
This position requires the tracking of time and is eligible for overtime for hours worked in excess of 40 per week under the Fair Labor Standards Act.
This position is incentive eligible.
- High school diploma or GED
- One (1) year of underwriting or credit review experience
- Bachelor's degree
Skills and Competencies
Knowledge of agency and investor guidelines and regulations
Knowledge of sales contracts, applications and loan appraisals
Good problem-solving skills
Good organization and communication skills
Ability to meet timelines
LOCH - Loan Operations Center Hattiesburg
At Regions, our culture focuses on five core values that are a commitment to how we will do business:
Put people first
Do what is right
Focus on your customer
Through these values, our mission to make life better drives our desire to improve and make a positive difference in the communities where we work and live through financial investments and volunteering.