Senior Mortgage Loan Underwriter

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Logo of First Merchants Corporation

First Merchants Corporation

1001 - 5000 employees

Founded 1893

🏦 Banking

💸 Finance

Banking • Finance

<First Merchants Corporation> First Merchants Corporation is a regional bank holding company providing consumer, small business, commercial and private wealth banking services. It offers deposit accounts, lending (mortgages, home equity, vehicle, commercial and SBA loans), treasury and liquidity management, merchant services, retirement and investment management, and online/mobile banking. The company emphasizes community support, financial wellness education, and local branch service, and is FDIC-insured and an Equal Housing Lender.

📋 Description

• Analyze, evaluate and approve or decline loan files for credit worthiness and compliance with all applicable guidelines and policies. • Review and validate the calculations submitted by the process. • Validate income used is calculated correctly. • Validate income used is acceptable. • Validate asset value calculations. • Collaborate with the processor prior to underwriting on loan files with difficult characteristics. • Provide feedback and guidance to processors and other underwriters to ensure continual learning.

🎯 Requirements

• High school diploma or equivalent (GED). • A minimum of fifteen (15) years of experience underwriting conventional, VA, FHA and Indiana Housing loans.

🏖️ Benefits

• Base Pay PLUS Bonuses • Medical, Dental and Vision Insurance • 401k • Health Savings and Flexible Spending Accounts • Vacation/Sick Time • Paid Holidays • Paid Parental Leave • Tuition Reimbursement • Additional Benefits

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