Hancock Whitney
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Senior Mortgage Underwriter
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Hancock Whitney . Get AI-powered advice on this job and more exclusive features. Thank you for your interest in our company! To apply, click on the button above. You will be required to create an account (or sign in with an existing account). Your account will provide you access to your application information. The email address used in establishing your account will be used to correspond with you throughout the application process. Please be sure and check the spam folder. You may review, modify, or update your information by visiting and logging into your account. Job Function / Summary:
The Senior Mortgage Underwriter approves or denies mortgage loans; reviews mortgage loan applications for completeness to ensure that it meets the guidelines for loan product requested and ensures file complies with regulatory and legal guidelines. Essential Duties & Responsibilities:
Underwrites conventional Federal Housing Authority (FHA), Veterans Affairs (VA), Rural Housing Development (RD), and portfolio loans. Ensures that appraisals meet investor and bank requirements and that the value conclusion is reasonable and well supported. Reviews all employment, income, and asset documentation to ensure that it is accurate and satisfies investor requirements. Reviews credit history and scores to ensure the borrower's credit meets the investor requirements. Reviews all documents and information for potential fraud or misrepresentation and for regulatory compliance. Reviews and evaluates information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards. Evaluates acceptability of loan to corporations that buy real estate loans on secondary mortgage markets, where existing mortgages are bought and sold by investors. Approves or rejects loan application, or requests additional information. Records loan rejections, specifying investor and institution guidelines and basis for declining application, such as insufficient cash reserves. Determines terms and acceptability of risk of prospective business. Sets prices for prospective mortgage loan applicants. Assembles documents in loan files, including acceptance or denial, and returns files to originating mortgage loan office. Maintains database on new and existing business. Manages and utilizes systems to ensure they accurately reflect the loan request and information. Communicates and coordinates necessary approval requirements and files status with appropriate persons. Participates in implementing second review committee for denied loans. Supervisory Responsibilities:
None Minimum Education, Experience & Knowledge:
6+ years’ experience preferred Bachelor's degree and 2+ years related experience and/or equivalent combination of education and experience Certificates, Licenses, Registrations: An FHA DE designation is required; a VA LAP designation is preferred. Essential Mental & Physical Requirements:
Ability to travel if required. Ability to work under stress and meet deadlines. Ability to operate related equipment. Ability to read and interpret documents. Ability to lift/move/carry approximately 10 pounds if required; accommodations should be considered if unable to lift this weight. Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration without regard to race, color, religious beliefs, national origin, etc. Additional Information:
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Banking Referrals increase your chances of interviewing at Hancock Whitney by 2x. Set job alerts for “Senior Mortgage Underwriter” roles. #J-18808-Ljbffr
Senior Mortgage Underwriter
role at
Hancock Whitney . Get AI-powered advice on this job and more exclusive features. Thank you for your interest in our company! To apply, click on the button above. You will be required to create an account (or sign in with an existing account). Your account will provide you access to your application information. The email address used in establishing your account will be used to correspond with you throughout the application process. Please be sure and check the spam folder. You may review, modify, or update your information by visiting and logging into your account. Job Function / Summary:
The Senior Mortgage Underwriter approves or denies mortgage loans; reviews mortgage loan applications for completeness to ensure that it meets the guidelines for loan product requested and ensures file complies with regulatory and legal guidelines. Essential Duties & Responsibilities:
Underwrites conventional Federal Housing Authority (FHA), Veterans Affairs (VA), Rural Housing Development (RD), and portfolio loans. Ensures that appraisals meet investor and bank requirements and that the value conclusion is reasonable and well supported. Reviews all employment, income, and asset documentation to ensure that it is accurate and satisfies investor requirements. Reviews credit history and scores to ensure the borrower's credit meets the investor requirements. Reviews all documents and information for potential fraud or misrepresentation and for regulatory compliance. Reviews and evaluates information on mortgage loan documents to determine if buyer, property, and loan conditions meet establishment and government standards. Evaluates acceptability of loan to corporations that buy real estate loans on secondary mortgage markets, where existing mortgages are bought and sold by investors. Approves or rejects loan application, or requests additional information. Records loan rejections, specifying investor and institution guidelines and basis for declining application, such as insufficient cash reserves. Determines terms and acceptability of risk of prospective business. Sets prices for prospective mortgage loan applicants. Assembles documents in loan files, including acceptance or denial, and returns files to originating mortgage loan office. Maintains database on new and existing business. Manages and utilizes systems to ensure they accurately reflect the loan request and information. Communicates and coordinates necessary approval requirements and files status with appropriate persons. Participates in implementing second review committee for denied loans. Supervisory Responsibilities:
None Minimum Education, Experience & Knowledge:
6+ years’ experience preferred Bachelor's degree and 2+ years related experience and/or equivalent combination of education and experience Certificates, Licenses, Registrations: An FHA DE designation is required; a VA LAP designation is preferred. Essential Mental & Physical Requirements:
Ability to travel if required. Ability to work under stress and meet deadlines. Ability to operate related equipment. Ability to read and interpret documents. Ability to lift/move/carry approximately 10 pounds if required; accommodations should be considered if unable to lift this weight. Equal Opportunity/Affirmative Action Employers. All qualified applicants will receive consideration without regard to race, color, religious beliefs, national origin, etc. Additional Information:
Seniority level: Mid-Senior level Employment type: Full-time Job function: Finance and Sales Industries: Banking Referrals increase your chances of interviewing at Hancock Whitney by 2x. Set job alerts for “Senior Mortgage Underwriter” roles. #J-18808-Ljbffr