Senior Mortgage Underwriter

🕒 June 11

🏈 Alabama – Remote

🏈 Alabama – Remote

💵 $26 - $43 / hour

⏰ Full Time

🟠 Senior

Apply Now

Find Similar Remote Jobs

Receive Emails For Remote Jobs

📊 Check your resume score for this job

Improve your chances of getting an interview by checking your resume score before you apply.

Upload Resume

M&T Bank

WebsiteLinkedInAll Job Openings

10,000+ employees

Founded 1856

🏦 Banking

💸 Finance

👥 B2C

Banking • Finance • B2C

M&T Bank is a leading regional financial institution that provides a wide range of banking services to personal, business, and commercial clients. Known for its customer satisfaction in mobile banking, M&T Bank offers products and services such as checking accounts, credit cards, mortgages, personal loans, and insurance. Additionally, it provides financial planning through Wilmington Advisors @ M&T. The bank is committed to community engagement, supporting local businesses, multicultural banking, and volunteerism. With a focus on cybersecurity and digital banking solutions, M&T Bank serves its clientele through comprehensive online and mobile services.

📋 Description

• Underwrite conventional (conforming and non-conforming) FHA, VA residential mortgage loans per product and investor guidelines through AUS and/or manual underwriting • Ensures loans are in compliance with investor requirements, federal and state laws and regulations • Performs risk assessment of credit and collateral ensuring loan saleability and sound credit quality • Responds to and resolved any post-closing issues to ensure loan saleability • Assist management to clear conditions and expedited loan closings • Keep informed of current practices in loan underwriting • Take initiative to keep current on changes in investor and M&T guidelines • Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies • Promote an environment that supports belonging and reflects the M&T Bank brand • Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable • Complete other related duties as assigned

🎯 Requirements

• Associate's degree, or in lieu of a degree, 2 years' relevant work experience, plus 4 years mortgage underwriting experience • Direct Endorsement (DE) or LAPP approval • Full knowledge of credit risk • Understanding of appraisals • Thorough knowledge of DU/LP valuations (automated underwriting) • Knowledge of applicable industry tools to ensure saleability • Strong verbal and written communication skills with ability to interact with all levels • Thorough knowledge of conforming and non-conforming guidelines • Understanding of risk assessment of both credit and collateral process and the impact to the saleability of individual loans.

🏖️ Benefits

• Health insurance • Retirement plans • Paid time off • Forty hours of paid volunteer time each year