Under limited supervision, renders decision whether to lend conventional and/or government residential loans. Provides leadership to other mortgage operations’ team members by helping dictate efficient work flow and keep loans moving forward in an efficient and effective manner. Directs the overall quality control function for secondary market loans by ensuring borrower meets standards of willingness and ability to repay debt. Embraces and promotes the TCBSMI’s brand promise of creating connections with internal and external customers.
ESSENTIAL FUNCTIONS AND DUTIES:
Reviews income, asset position, collateral, and credit profiles to determine loan approval acceptance for all residential related lending.
Examines overall loan documentation, reviewing for acceptance as well as fraud mitigation
Reviews work of appraiser prospects for recommendation of addition to approved appraiser’s list
Reviews Automated Underwriting System Findings (multiple systems used in secondary marketing) to ensure that all requirements have been satisfied prior to loan approval.
Engages regularly with sales and other members of operations to ensure loan structure and requirements are understood and are in the best interest of the customer and the company.
Monitors and reports any deficiencies in loan documentation as required by compliance to ensure continued relationships with the private investors (i.e. Fannie Mae, HUD).
Performs processing functions, when needed.
Performs other job-related duties and special projects as assigned.
Minimum of five years’ experience in mortgage loan underwriting, including government underwriting.
Experience in Microsoft Office applications.
Excellent written and verbal communication skills.
Strong leadership skills.
Knowledge of financial analysis techniques.
Ability to work in a team-based, fast-paced work environment.
High degree of accuracy and strong organizational skills.
Ability to work under pressure and on deadline
Bachelor’s degree in related field or equivalent experience.
2 openings. Telecommuting is allowed.
About Town and Country Bank
We’ve got the concept of community in the fabric of our organization. We’re woven into Central Illinois, just like you. It’s comforting to know that your banking atmosphere offers the things you’ve come to know as home: a genuine smile, a concern for your needs, and breathe-easy surroundings.
It’s refreshing, right?
So, what do you want in life? Start that new business you’ve sketched out? Make university-life more than a brochure on your desk? Open the door to your family’s new home? Maybe you just want to log into online banking and feel good about what you find there.
Well, we’re ready. If you are too, walk side by side with Town and Country Bank. We’d love to have you stop by and share a conversation with any of our employees.