Loan Underwriter

  • location: Cambridge, MA
  • type: Permanent
  • salary: $43,000 - $52,000 per year
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job description

Loan Underwriter

job summary:
This role will be underwriting consumer loan products and residential mortgage applications originated by in-house originators and through other sources. The ideal candidate will have a Bachelor's degree or Accounting or equivalent coursework or training. They are looking for someone with 3 years of Mortgage Banking underwriting experience and must become a registered MLO in accordance with the S.A.F.E. Act.

Job Functions:

Analyze applicant's financial status, credit and property evaluations to determine terms and conditions of approving the loan.

Underwrite second mortgages including HELOCs and consumer loan products.

Responsible for verifying HMDA information for accuracy at loan level.

Assist with underwriting other loan products such as Conventional Loans, Small Business Loans, etc as needed.

 
location: Cambridge, Massachusetts
job type: Permanent
salary: $43,000 - 52,000 per year
work hours: 8 to 5
education: Bachelor's degree
experience: 3 Years
 
responsibilities:
This role will be underwriting consumer loan products and residential mortgage applications originated by in-house originators and through other sources. The ideal candidate will have a Bachelor's degree or Accounting or equivalent coursework or training. They are looking for someone with 3 years of Mortgage Banking underwriting experience and must become a registered MLO in accordance with the S.A.F.E. Act.

Job Functions:

Analyze applicant's financial status, credit and property evaluations to determine terms and conditions of approving the loan.

Underwrite second mortgages including HELOCs and consumer loan products.

Responsible for verifying HMDA information for accuracy at loan level.

Assist with underwriting other loan products such as Conventional Loans, Small Business Loans, etc as needed.

 
qualifications:
This role will be underwriting consumer loan products and residential mortgage applications originated by in-house originators and through other sources. The ideal candidate will have a Bachelor's degree or Accounting or equivalent coursework or training. They are looking for someone with 3 years of Mortgage Banking underwriting experience and must become a registered MLO in accordance with the S.A.F.E. Act.

Job Functions:

Analyze applicant's financial status, credit and property evaluations to determine terms and conditions of approving the loan.

Underwrite second mortgages including HELOCs and consumer loan products.

Responsible for verifying HMDA information for accuracy at loan level.

Assist with underwriting other loan products such as Conventional Loans, Small Business Loans, etc as needed.

 
skills: Banking Operations
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.

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