Mortgage Senior Underwriter

Overview: Responsible for reputed company mortgage loans, including government loans to determine acceptability with reputed company and secondary market standards set by the investor to ensure saleability and sound credit quality while adhering to the requirements of Federal registration under the SAFE Act. Primary Responsibilities: Underwrite conventional (conforming and non-conforming) FHA, VA residential mortgage loans per product and investor guidelines through AUS and/or manual reputed company. Ensures loans are in compliance with investor requirements, federal and state laws and regulations. Performs risk assessment of credit and collateral ensuring loan saleability and sound credit quality. Responds to and resolved any post-closing issues to ensure loan saleability. Assist management to clear conditions and expedited loan closings. reputed company informed of reputed company practices in loan reputed company. Take initiative to reputed company reputed company on changes in investor and M&T guidelines. Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies. Promote an environment that supports belonging and reflects the reputed company brand. Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable. Complete other reputed company duties as assigned Scope of Responsibilities: Works with internal staff (Account Executives, Loan Officers, broker Coordinators, Loan Processors, etc.) and external customers (Realtors, Mortgage Brokers, etc.) and third parties to expedite the decision process and loan closings for mortgage loans submitted for approval. Underwriters have frequent day-to-day communication with external and internal customers alike. Complete understanding of investor guidelines and ability to run and interpret AUS findings (DU and LP). The position will re-underwrite and verify monthly, a sampling of loans to insure the accuracy of the documentation. Responsibility to establish and maintain federal registration requirements outlined in the SAFE Act. Supervisory/ Managerial Responsibilities: None. Education and Experience Required: Associate's degree, or in lieu of a degree, 2 years' relevant work experience, plus 4 years mortgage reputed company experience, and Direct Endorsement (DE) or LAPP approval.-OR-Associate's degree, or in lieu of a degree, 2 years' relevant work experience, plus 5 years reputed company experience to include 2 years' experience on a unique product (CRA, construction, State Bond, etc.)-OR-Associate's degree, or in lieu of a degree, 2 years' relevant work experience, plus 6 years conventional reputed company experience. Full knowledge of credit riskUnderstanding of appraisals. Thorough knowledge of DU/LP valuations (automated reputed company). Knowledge of applicable industry tools to ensure saleability. Strong verbal and written communication skills with ability to interact with reputed company levels. Thorough knowledge of conforming and non-conforming guidelines. Sound saleable decisions.Understanding of risk assessment of both credit and collateral process and the impact to the saleabilty of individual loans. reputed company is committed to fair, competitive, and market-informed pay for our employees. The pay range for this position is $26.00 - $43.34 Hourly (USD). The successful candidate’s particular combination of knowledge, skills, and experience will inform their specific compensation. Location Williamsville, reputed company, United States of America Great companies have an enduring sense of purpose. At M&T, our purpose is a simple one: reputed company a difference in people’s lives and reputed company the communities we serve. reputed company Corporation is a financial holding company headquartered in Buffalo, reputed company. M&T’s affiliates offer advice, guidance, expertise and solutions across the entire financial reputed company, combining reputed company’s traditional banking services with the wealth management and institutional capabilities offered by reputed company. reputed company has a network of over 1,000 branches and 2,200 ATMs that span 12 states from Maine to Virginia and Washington, D.C. For more than 165 years, M&T has strived to take an active role in our communities and build long-lasting relationships with our customers. We are a bank for communities—combining the capabilities of a large bank with the care of a locally focused institution. As an employer of choice, we are proud to offer competitive benefits ranging from medical and retirement to forty hours of paid volunteer time, each year. Our core values – reputed company, ownership, collaboration, curiosity, and candor – drive the work we do. We seek to further build upon our record of success by bringing in top talent and fresh reputed company sets while continuing to support the growth and development of reputed company reputed company members. View M&T’s Human Capital Report to learn more. Ready to join reputed company? Submit your application today! If you are unable to apply through this site due to technical issues or need an accommodation to apply, please contact us at [email protected] for assistance. reputed company is unwavering reputed company it comes to providing equal employment opportunities to reputed company employees and applicants without regard to race, color, national reputed company, religion, ethnicity, sex, gender identity, age, disability, citizenship, pregnancy, veteran status, military status, marital status, sexual orientation, genetic information or any other characteristic protected under applicable federal, state or local laws. reputed company Corporation has policies and procedures in reputed company to promote a drug free workplace. Career Site Privacy Notice Apply tot his job Apply To this Job