Northwest Bank

Regional community bank serving local residents

Senior Direct Endorsement Residential Underwriter

Retail & Commercial BankingConfirmed live in the last 24 hours

Full-timeColumbus, OH, USANo salary listedIn-person

About the Job

Requirements

Working knowledge of residential mortgage loan products.
Strong analytical and mathematical skills with the ability to define and solve problems, establish facts, and make well-reasoned decisions.
Excellent verbal and written communication skills with the ability to work closely with other team members.
Proficient organizational and multitasking skills with attention to detail, accuracy, and thoroughness.
Knowledge of mortgage loan programs, procedures, and guidelines.
Ability to ensure compliance with company policies and procedures, federal and state regulations, investor guidelines, and industry standards.

Responsibilities

Communicate with customers, realtors, title companies, attorneys, and settlement agents to schedule closings, respond to inquiries, resolve issues, and obtain documentation required to complete loan files.
Interact daily with Mortgage Loan Originators, Loan Production Assistants, and other team members to resolve questions and issues and ensure timely underwriting of loan files.
Manage a pipeline of working loan files to ensure loans are underwritten in a timely manner.
Use Northwest's loan origination systems and agency automated underwriting systems, including Freddie Mac Loan Product Advisor and USDA Guaranteed Underwriting System, to underwrite residential mortgage loans.
Review and analyze submitted documentation for accuracy and completeness when making underwriting decisions.
Ensure underwriting data is accurate and complete in the loan origination system.
Review and analyze appraisal reports and title commitments to verify sufficient collateral and proper lien position.
Maintain loan approval authority for all residential mortgage loan products offered by Northwest, including conventional, portfolio, FHA, VA, and USDA loans.
Check the accuracy of all calculations.
Recommend improvements to procedures.
Manage personal workload and workflow.
Meet turnaround and production goals.
Navigate Microsoft Office software, computer applications, and department-specific software to maximize technology tools and efficiency.
Work as part of a team and work with on-site equipment.

Desired Qualifications

A Bachelor's Degree is preferred.
Three to five years of experience as a Direct Endorsement Underwriter is preferred.
Five to six years of experience underwriting conventional loans and three years of experience underwriting Veterans Affairs and United States Department of Agriculture Rural Housing loans are preferred.
Working knowledge of Ellie Mae Encompass loan origination software, Freddie Mac Loan Product Advisor, USDA Guaranteed Underwriting System, and FHA Connection is preferred.
The ability to work independently in a fast-paced, high-production environment under time constraints and to work collaboratively in a team environment while managing multiple deadlines and priorities is preferred.

IN0534 Fishers, OH0523 Independence Bus Office, OH0713 NW Bancshares HQ, PA0186 Mount Joy, PA0258 Bellevue, PA0736 Administration Center

Job Description

Overview

The Sr Direct Endorsement Residential Underwriter is responsible to perform residential loan underwriting activities related to loan request with the goal of achieving the optimal outcome for Northwest and the customer.

Essential Functions

Communicate with customers, realtors, title companies, attorneys, and settlement agents to schedule closings, respond to inquiries, resolve issues, and obtain any documentation required to complete the loan file
Interact with Mortgage Loan Originators, Loan Production Assistants and other team members on a daily basis to resolve questions/issues, and ensure timely underwriting of loan files
Manage a pipeline of working loan files to ensure loans are underwritten in a timely manner
Maintain current knowledge of mortgage loan programs, procedures, and guidelines
Use Northwest’s loan origination systems and agency automated underwriting systems (Freddie Mac – Loan Product Advisor, USDA Guaranteed Underwriting System) to underwrite residential mortgage loans
Review and analyze documentation submitted and used in underwriting decisions for accuracy and completeness
Ensure data relating to the underwriting of loans in accurate and complete in the loan origination system
Review and analyze appraisal reports and title commitments to verify sufficient collateral and proper lien position to secure loans
Maintain loan approval authority for all residential mortgage loan products offered by Northwest (conventional, portfolio, FHA, VA, USDA) Checking accuracy of all calculations
Recommend improvements to procedures
Manage personal workload/workflow
Meet turnaround/production goals
Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations
Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency
Work as part of a team
Work with on-site equipment
Ensure adherence to appropriate investor guidelines and industry standards

Qualifications

Bachelor's Degree preferred
3 - 5 years experience as DE Underwriter preferred
5 - 6 years experience underwriting conventional loans, 3 years’ experience underwriting VA and USDA Rural Housing Loans preferred
Working knowledge of residential mortgage loan products
Working knowledge of Ellie Mae – Encompass loan origination software, Freddie Mac – Loan Product Advisor, USDA – Guaranteed Underwriting System (GUS), FHA Connection preferred
Strong analytical and mathematical skills with the ability to define and solve problems, establish facts and make well-reasoned decisions
Excellent verbal and written communication skills with the ability to work closely with other team members is needed
Proficient organizational and multi-tasking skills with attention to detail, accuracy, and thoroughness a plus
The ability to work independently in a fast-paced high production environment under time constraints and to work collaboratively in a team environment managing multiple deadlines and priorities preferred

#LI-MM1

Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

About the Company

Northwest Bank

Regional community bank serving local residents

Northwest Bank serves communities in Pennsylvania and Ohio as a regional bank offering personal and business banking services such as checking, savings, loans, and online/mobile banking. Customers manage money by opening accounts, applying for loans with terms based on credit and need, and using online or mobile tools to view balances, transfer funds, and pay bills. It stands out with a long local history dating back to 1896, a community focus, growth through regional acquisitions (including Lorain National Bank in 2015), and a 2018 rebrand to modernize its image and digital presence. Its goal is to provide accessible, reliable banking and digital capability to residents and businesses, supporting local economies and steady, responsible growth.

Company size: 1,001-5,000
Company stage: IPO
Headquarters: Warren, PA
Founded: 1896

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