Senior Mortgage Underwriter

Company: The Federal Savings Bank
Location: Richmond
Posted on: April 9, 2021

Job Description:

Remote Mortgage Underwriters: The grass really IS greener at The Federal Savings Bank ("TFSB")! Here's why:

TFSB is a privately-held, national bank with a focus on residential lending and providing a white-glove borrower experience. Named as one of Mortgage Executive Magazine's top 50 mortgage companies in America for five consecutive years, TFSB is actively seeking frontline Residential Mortgage Underwriters for remote positions across the country!

What We Offer

• Competitive salary plus unparalleled monthly bonus incentive
• Generous Vacation days and sick days
• Health, Dental, and Vision insurance plans & 401k matching available
• Ongoing in-house training opportunities to broaden your industry knowledge
• Employee recognition on a national scale
• Small bank culture with big bank capabilities
• Smooth Onboarding experience with full home office set up!
• Career advancement - we promote from within!
  
  Duties & Responsibilities
  
  • Underwrite conventional conforming, non-conforming, FHA, VA, and portfolio loans in a paperless environment, for a national mortgage bank
  • Specialize in FHA loan underwriting (DE)
  • Specialize in VA loan underwriting (SAR/LAPP)
  • Effectively communicate with bankers, analysts, closers, investors and auditors
  • Coordinate underwriting responsibilities with processing and closing departments
  • Staying up to date agency guidelines, products and recent regulatory changes
  • Daily use of DU/LP
  • Underwrite all loans to agency and investor guidelines
  • Complete "Service. Excellence. Experience." customer service training
    
    Job Requirements
    
    • 4 year college degree OR commensurate mortgage experience
    • 3+ years of recent Government Underwriting experience
    • Thorough understanding of agency guidelines, products, and regulatory changes
    • Must have experience working with multiple investors and guidelines
    • Encompass experience strongly preferred
    • Advanced proficiency with DU/LP
    • Comfortable with 3-5 full reviews daily plus resubs
    • Direct Endorsement (DE) strongly preferred
    • SAR/LAPP designations strongly preferred
    • High attention to detail and ability to multitask
    • Flexible with work schedules especially during peak volume periods & month end.
    • Excellent Interpersonal, Communication, and Time Management Skills
    • Effective Problem Solver
    • Favorable credit history and background
    • Razor sharp wit and a wicked awesome sense of humor (not necessarily a requirement...but we can dream)
      
      WebsiteThe Federal Savings Bank is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status

Keywords: The Federal Savings Bank, Richmond , Senior Mortgage Underwriter, Other , Richmond, Virginia