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Mortgage Underwriter - Remote

Posted 2 weeks ago
Finance / Legal
Full Time
USA
$20.94 - $34.91/hour

Overview

Responsible for underwriting mortgage loans to determine acceptability with M&T Bank and secondary market standards set by the investor to ensure saleability and sound credit quality and adhering to the requirements of federal registration under the SAFE Act.

In Short

  • Underwrite conventional residential mortgage loans per product and investor guidelines.
  • Ensure loans comply with investor requirements, federal and state laws.
  • Perform risk assessments of credit and collateral.
  • Resolve post-closing issues to ensure loan saleability.
  • Assist management to clear conditions and expedite loan closings.
  • Stay informed of current practices in loan underwriting.
  • Communicate with internal staff and external customers.
  • Run and interpret AUS findings.
  • Re-underwrite and verify loans monthly for documentation accuracy.
  • Maintain federal registration requirements outlined in the SAFE Act.

Requirements

  • Associates degree or 2 years relevant experience.
  • Three years mortgage processing/underwriting experience.

Benefits

  • Competitive pay based on knowledge and experience.
  • Comprehensive benefits including medical and retirement.
  • Forty hours of paid volunteer time each year.

M.A.T.T.C

Manufacturers and Traders Trust Co

Manufacturers and Traders Trust Co, commonly known as M&T Bank, is a financial holding company headquartered in Buffalo, New York. With a legacy spanning over 165 years, M&T Bank is dedicated to making a positive impact in the lives of individuals and the communities it serves. The bank combines traditional banking services with wealth management and institutional capabilities through its affiliates, including Wilmington Trust. M&T Bank operates a vast network of over 1,000 branches and 2,200 ATMs across 12 states, from Maine to Virginia and Washington, D.C. The company prides itself on building long-lasting relationships with customers while maintaining a commitment to integrity, collaboration, and community involvement. As an employer, M&T Bank offers competitive benefits and fosters a culture of growth and development for its employees.

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