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Firstrust Bank Mortgage Underwriter in Horsham, Pennsylvania

Firstrust Bank is seeking a Mortgage Underwriter to underwrite mortgage loan applications and monitor the property appraisal process.

Firstrust Bank is an Affirmative Action Contractor and is an Equal Opportunity Employer.

Minority/Female/Disabled/Veteran

  • Underwrites mortgage loan applications and evaluates loans in order to minimize risk or loss.

  • Underwrite all retail and wholesale loans in accordance with the guidelines of FNMA, FHLMC, Investor, Firstrust Bank, and our current investor base.

  • Ensure daily compliance with all federal (Sarbanes-Oxley Act, Section 404) and state regulations

  • Always exhibits and shows support of both the Mission and Core Values of Firstrust Bank.

  • Perform other duties in the normal course of business as directed

  • Ensures mortgage loan applications are being evaluated in accordance with bank policy in order to minimize risk or loss.

  • Monitors property appraisal process.

  • At least 10+ years of experience in the field or in a related area.

  • The ability to manually underwrite a loan.

  • Knowledge of QM/ATR regulations.

  • Familiar with a variety of the field's concepts, practices, and procedures.

  • Relies on extensive experience and judgment to plan and accomplish goals.

  • Performs a variety of tasks.

  • A wide degree of creativity and latitude is expected.

  • Intermediate proficiency in Excel, Word and Outlook.

  • Working knowledge of DU, LP, Collateral Underwriting Systems

PREFERRED QUALIFICATIONS:

  • Bachelor’s degree

ID: 2021-2007

FLSA Status: Hourly / Non-Exempt

External Company URL: http://www.firstrust.com/

Street: One Walnut Grove Drive

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