Willamette Valley Bank
Underwriter
Willamette Valley Bank is looking for an Underwriter to review and analyze mortgage loan applications to ensure borrowers meet investor, regulatory, and company guidelines. This role is key to making sound credit decisions and supporting a smooth loan process.
Responsibilities
Review Loan Applications: Examine credit reports, income, assets, and property appraisals for accuracy and completeness
Assess Eligibility: Calculate debt-to-income ratios and determine borrower qualification
Ensure Compliance: Confirm loans meet federal, state, investor, and company policies, including Ability to Repay and Qualified Mortgage rules
Identify and Manage Risk: Spot potential risks and apply appropriate conditions or mitigations
Make Loan Decisions: Approve, suspend, or deny loans based on thorough analysis
Communicate Effectively: Work closely with loan officers, processors, and other team members to resolve issues and request documentation
Maintain Records: Keep detailed records of underwriting decisions and rationale
Stay Current: Keep up with industry regulations, underwriting standards, and product guidelines
Analyze Financials: Review paystubs, W2s, tax returns, and other financial documents to verify income and stability
Support Team Collaboration: Engage proactively with colleagues to ensure smooth loan processing and compliance
What We Offer
Competitive compensation and benefits package
A caring, stable and safe working environment
Experienced and helpful leadership
Qualifications
High school diploma or equivalent; bachelor’s degree preferred
Strong attention to detail and ability to work in a fast-paced environment
Minimum 3 to 5 years of mortgage underwriting experience with strong agency guideline knowledge
Must possess strong integrity and outstanding work ethic
Proficiency in FHA, VA, USDA, Fannie Mae (FNMA), Freddie Mac (FHLMC) and various other non-QM investor requirements
Strong knowledge of mortgage regulations and compliance requirements
Strong communication and collaboration skills
Ability to manage multiple files and prioritize effectively
Strong knowledge of FNMA, FHLMC, FHA, VA, USDA loan programs
Proficiency in loan origination systems and automated underwriting tools (e.g., DU, LP)
Strong analytical, problem-solving, and decision-making skills
About Us Where Local Means Everything…
If you ask us, local means that our connection to the places in which we work goes beyond geography, it means we are ingrained in the local economy, we are part of the culture, and we help support our neighbors through volunteering, community outreach, and charitable donations.
Banking Local means your money gets reinvested into your local communities and keeps your small towns thriving. When you put your money in a local bank, you are helping to provide a tractor to local farmers, an oven for the neighborhood bakery, and a home for the family next door.
ADA Statement : The responsibilities listed are representative of the essential functions of the position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Equal Opportunity Employer : Willamette Valley Bank is an equal opportunity employer committed to fair hiring practices. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected characteristics. If you require an accommodation during the application or interview process, please contact us at: careers@wvbk.com.
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Responsibilities
Review Loan Applications: Examine credit reports, income, assets, and property appraisals for accuracy and completeness
Assess Eligibility: Calculate debt-to-income ratios and determine borrower qualification
Ensure Compliance: Confirm loans meet federal, state, investor, and company policies, including Ability to Repay and Qualified Mortgage rules
Identify and Manage Risk: Spot potential risks and apply appropriate conditions or mitigations
Make Loan Decisions: Approve, suspend, or deny loans based on thorough analysis
Communicate Effectively: Work closely with loan officers, processors, and other team members to resolve issues and request documentation
Maintain Records: Keep detailed records of underwriting decisions and rationale
Stay Current: Keep up with industry regulations, underwriting standards, and product guidelines
Analyze Financials: Review paystubs, W2s, tax returns, and other financial documents to verify income and stability
Support Team Collaboration: Engage proactively with colleagues to ensure smooth loan processing and compliance
What We Offer
Competitive compensation and benefits package
A caring, stable and safe working environment
Experienced and helpful leadership
Qualifications
High school diploma or equivalent; bachelor’s degree preferred
Strong attention to detail and ability to work in a fast-paced environment
Minimum 3 to 5 years of mortgage underwriting experience with strong agency guideline knowledge
Must possess strong integrity and outstanding work ethic
Proficiency in FHA, VA, USDA, Fannie Mae (FNMA), Freddie Mac (FHLMC) and various other non-QM investor requirements
Strong knowledge of mortgage regulations and compliance requirements
Strong communication and collaboration skills
Ability to manage multiple files and prioritize effectively
Strong knowledge of FNMA, FHLMC, FHA, VA, USDA loan programs
Proficiency in loan origination systems and automated underwriting tools (e.g., DU, LP)
Strong analytical, problem-solving, and decision-making skills
About Us Where Local Means Everything…
If you ask us, local means that our connection to the places in which we work goes beyond geography, it means we are ingrained in the local economy, we are part of the culture, and we help support our neighbors through volunteering, community outreach, and charitable donations.
Banking Local means your money gets reinvested into your local communities and keeps your small towns thriving. When you put your money in a local bank, you are helping to provide a tractor to local farmers, an oven for the neighborhood bakery, and a home for the family next door.
ADA Statement : The responsibilities listed are representative of the essential functions of the position. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
Equal Opportunity Employer : Willamette Valley Bank is an equal opportunity employer committed to fair hiring practices. All qualified applicants will receive consideration for employment without regard to race, color, national origin, religion, sex, age, sexual orientation, gender identity, gender expression, protected veteran status, disability, or any other applicable protected characteristics. If you require an accommodation during the application or interview process, please contact us at: careers@wvbk.com.
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