Loan Underwriting Specialist I

This is a fully remote position, open to applicants in Virginia.

📋 Description

• Assess and either approve or reject loan applications in accordance with business unit standards promptly.

• Collect necessary information to make informed loan decisions.

• Evaluate borrower financial data, repayment ability, collateral value, and overall creditworthiness.

• Examine and confirm the accuracy of appraisal reports.

• Establish risk levels and make approval recommendations.

• Address inquiries from both internal and external customers.

• Collaborate with lending, operations, and risk teams to facilitate timely and high-quality credit decisions.

• Carry out additional responsibilities that support departmental and business unit objectives.

⛳️ Requirements

• Generally requires minimal to no prior experience or advanced education.

• May need to secure and/or maintain NMLS registration.

• Assess borrower financial data, repayment capability, collateral strength, and overall creditworthiness.

• Review and confirm appraisal reports for precision and compliance with established guidelines.

• Consistently apply underwriting standards.

• Identify and mitigate potential risks effectively.

• Uphold strong documentation practices.

• Ensure compliance with internal policies, investor requirements, and regulatory standards.

🏝️ Benefits

• Medical insurance.

• Dental insurance.

• Vision insurance.

• Life insurance.

• Disability coverage.

• Paid time off.

• Retirement savings through a 401(k) plan.

• Wellness resources.

• Additional programs aimed at supporting teammates' health and financial well-being.

• Possible incentive compensation, bonuses, or other variable compensation for eligible roles, subject to applicable plans and performance metrics.

• Reasonable accommodations for applicants with disabilities.