Mortgage Underwriter

Join Our Team as a Mortgage Underwriter at IHMVCU!

IHMVCU is committed to helping our members achieve homeownership and financial goals by offering mortgage solutions. We are seeking a highly skilled Mortgage Underwriter with a background in secondary market lending and home equity underwriting to join our team and play a critical role in assessing risk, ensuring compliance and supporting our operations.

This role will enjoy a hybrid working environment at our beautiful headquarters located on River Drive in Moline, IL. This facility includes a comfortable office environment with an on-site gym facility.

Education and Experience:

• Two-year college degree or equivalent combination of education and experience.
• Minimum of 2 years of experience in Mortgage Lending Experience, with emphasis on secondary market and home equity underwriting.
• Excellent communication and interpersonal skills, with the ability to collaborate effectively.
• Strong analytical skills with a strong attention to detail and commitment to accuracy.
• Ability to work independently, manage multiple tasks and meet deadlines in a fast-paced environment.
• High level of integrity and commitment to member service.

What are some of the responsibilities of a Mortgage Underwriter?

• Evaluate, analyze, and approve/deny loan applications within guidelines established by each investor in a timely manner -no more than 48-hour turn around time. Clear underwriting conditions for final approval and closing of loan.
• Coordinate with mortgage team in analyzing and solving situations that may arise in the mortgage application and loan process. Offer alternative suggestions when loan cannot be approved as submitted.
• Understand and apply all federal and state regulations governing credit union lending, with particular emphasis on rules and regulations governing mortgage lending.
• Continuing education as needed to remain current with underwriting guidelines, investor requirements and regulatory policies. Have comprehensive knowledge of all mortgage loan products and programs available through the credit union as well as through offered by our affiliate relationships.

Being a team member of IHMVCU is more than just a job, we want to make differences in the communities we live in and serve. At IHMVCU you'll get:

• Outstanding training, plentiful support and tools needed to be successful in your career
• Competitive compensation
• 401(k) with company match and profit sharing
• Paid time off with paid holidays
• Education reimbursement
• Fitness reimbursement
• Community volunteering
• Health insurance including dental and vision
• Flexible Spending Accounts & Health Savings Accounts
• Employee Assistance Program (EAP)
• Access to fitness center

Move Up your career at IHMVCU with this great opportunity!

Physical Requirements

• Sitting: Sedentary work involves sitting most of the time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.
• Talking: Expressing or exchanging ideas by means of the spoken word; those activities where detailed or important spoken instructions must be conveyed to other workers accurately, loudly, or quickly.
• Hearing: Perceiving the nature of sounds at normal speaking levels with or without correction and having the ability to receive detailed information through oral communication and making fine discriminations in sound.
• Finger, handle, touch: Picking, pinching, typing or otherwise working, primarily with fingers rather than with whole hand or arm as in handling. Applying pressure to an object with the fingers and palm.
• Visual Demands: Visual acuity to do things such as: preparing and analyzing data and figures; transcribing; viewing a computer terminal; extensive reading;
• Lifting Demands: Up to 10 lbs.