Loan Underwriter

Leader Bank, a nationally chartered bank, has an immediate opening for a Mortgage Loan Underwriter.

 

In this role, your primary responsibilities will include:

· Reviewing, examining and underwriting loans to ensure soundness, accuracy, business value and compliance with the standards of both Leader Bank our corresponding investors

· Evaluating debt ratio, loan-to-value ratios, credit score, property valuation and various other factors (including risk issues and potential fraud)

· Assisting in identifying, recommending and/or negotiating alternative loan requirements, funding and/or loan-structuring solutions

· Reviewing and analyzing special conditions, loan deficiencies and exception requests to determine the appropriate action

· Coaching field personnel and brokers on technical underwriting issues, problems and/or questions

· Regularly exercising discretion and independent judgment in addressing critical business-matters that have a significant financial impact

 

The successful candidate will:

· Have a bachelor’s degree and a minimum of two years underwriting experience

· Have experience in underwriting FHA loans (preferred)

· Understand the legal, regulatory, economic, competitive and technological environments which potentially affect various real-estate lending programs

· Flourish in a fast-paced inside sales workplace environment

· Possess extensive understanding of underwriting systems and their components

· Have computer-skills

· Advanced customer-interface skills

· Possess excellent analytical, interpersonal and communication skills (both written and verbal)

Leader Bank offers an excellent compensation and benefits package including a 401k plan with company match, medical and dental insurance, and the opportunity to work for a fast growing organization.

Leader Bank, N.A. is an Equal Opportunity and Affirmative Action employer. Leader Bank, N.A. does not discriminate because of any protected class. Interested candidates should email their resume and attached cover letter to:Jessica Dawn ShafferLeader Bank, N.A. 180 Massachusetts Avenue Arlington, MA 02474 jshaffer@leaderbank.com Fax: 781.646.3910