Northpointe Bank
  • Grand Rapids, MI, USA
  • Full Time
  • Correspondent Lending

 The POWER of a CAREER! Northpointe Bank is seeking a detail oriented, customer service minded individual to join our Correspondent Lending Team as an Underwriter. This position requires an individual who has the desire to make a difference within the organization. An exceptional ability to grasp new concepts and learn while providing excellent service is critical for this position.


If you have been looking for an opportunity in the banking/mortgage industry, have the desire to work hard, are dedicated to your individual success, and take pride in the achievement and growth within a team, then we want to hear from you!!!


This position is responsible for underwriting all government loans which include Rural Development, FHA, VA, non-conforming and conventional loans. This includes: assistance in evaluating loan risk by verifying loan application information against loan guidelines and standards, reviewing all necessary documents for each file (i.e., appraisals, surveys, title work, payoffs, etc.); to ensure the documentation meets all investor and/or internal product guidelines. Maintain current knowledge of all investor program requirements by utilizing AllRegs and other industry tools


Responsibilities:
• Receive mortgage applications and underwrite applications as per designated limits;
• Must analyze income and employment detail of the borrower to determine the ability of the borrower to repay the mortgage loan.
• Review the borrower's credit report and credit rating to determine the ability of the borrower to repay; the loan after analyzing the borrower's prior payment history;
• Review the appraisal and check if it has been values properly to warrant the loan requested from the bank;
• Be available to correspondents for general guideline interpretations and questions on specific loan files;
• Underwrite Loan files that meet investor, Agency and government loan guidelines.
• Review Loan files for potential mortgage fraud.
• Proficient knowledge of complex tax returns/financial statements;
• Assist in training and mentoring of new team members
• Thorough understanding of mortgage documents along with a complete understanding of how to close and fund a loan.
• Be able to support correspondent Loan Reviewers when underwriting volume is down
• Manage a working pipeline to meet department production goals.
• Meet established standards and guidelines with regard to compliance, job knowledge, quality, attendance, efficiency, initiative, customer service, and overall performance.
• Maintain customer confidence by providing ongoing quality service and keeping all files and information confidential.
• Maintain up-to-date knowledge and compliance with internal policies and procedures. Understand and ensure compliance with laws, rules, and regulations affecting our institution.


Requirements:
• High school diploma or equivalent.
• FHA Chums number Required
• VA SAR preferred
• At least 5 years mortgage underwriting experience
• Candidates must have manual underwriting experience and be familiar with LP and DU underwriting and have a thorough knowledge of complex tax returns/financial statements;
• Proficient in all aspects of underwriting including property, credit, and income evaluation;
• Must have knowledge pertaining to the regulations governing mortgage lending;
• Must have current knowledge of TRID;
• Ability to work collaboratively with others in a fast paced, deadline driven environment;
• Proficient computer skills (i.e., Microsoft Word, Excel, Outlook, any other mortgage/banking software, etc.).
• Professional demeanor and interaction with all customers (internal and external).
• Effective interpersonal and communications (written and verbal) skills.
• Ability to work effectively in a team-oriented environment as well as independently.
• Must be a self-starter with the ability to work with minimal supervision while obtaining satisfactory results.
• Ability to pay attention to detail while handling a high volume of work with multiple interruptions.
• Effective project management skills and the ability to proactively problem solve.
• Any equivalent combination of education, experience, and training that provides the required knowledge, skills, and abilities.
• Maintain up-to-date knowledge and compliance with internal policies and procedures. Understand and ensure compliance with laws, rules, and regulations affecting our institution.



Our Hiring Philosophy:
Northpointe Bank recognizes that the quality of our people is the foundation for our success. Attracting individuals who value a challenging work environment that rewards the contributions of its people is the cornerstone of our hiring philosophy.
It is the policy of Northpointe Bank and its subsidiaries to provide equal employment opportunities (EEO) to all persons regardless of age, race, sex, religion, national origin, handicap, marital status, or other attributes not pertinent to the job requirements. This policy reflects our practice of making all employment decisions, from recruitment to promotions, based on an individual's qualifications without discrimination on any basis.

Benefit Information:
• Medical
• Dental
• Vision
• Life, LTD, & AD&D
• Dependent Care Spending Plan (DCSA)
• Employer Stock Ownership Plan with 401(k) feature and company match
• Complimentary Banking Services
• Tuition Assistance


AA - EOE

Northpointe Bank
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