Mortgage Underwriter
Napa, California
Mortgage Lending - Mortgage Lending /
Full-Time /
On-site
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Redwood Credit Union is looking for a Mortgage Underwriter who will be responsible for making a decision after reviewing and analyzing residential mortgage loan applications in compliance with secondary market investors, including FNMA and portfolio guidelines and/or lending guidelines and policies. This role ensures sound credit decisions while balancing risk management with excellent customer service.
Key Responsibilities
Loan File Management:
o Complete a thorough review and analysis of mortgage loan files, including but not limited to credit, income, asset, appraisal, and title reports.
o Determine borrower creditworthiness and ability to repay in accordance with agency, regulatory and underwriting guidelines (e.g., FNMA).
o Issue underwriting decisions including approvals, conditional approvals, suspensions, and denials with clear, well-written conditions.
o Ensure compliance with federal, state, and investor regulations (TRID, ECOA, Fair Lending, ATR/QM, etc.).
o Communicate underwriting decisions and conditions effectively to loan officers, processors, and management.
o Review and clear underwriting conditions prior to final approval and funding.
o Identify potential fraud, red flags, and layered risk factors and escalate as appropriate.
o Maintain quality, accuracy, and thorough documentation in the loan file.
o Meet production, quality, and turnaround time standards.
o Participate in quality control, audits, and workflow improvement initiatives as needed.
o Recognize and evaluate the loan process and recommend changes that will help maintain maximum efficiency.
o Review all denied loans and recommend alternative solutions when appropriate.
o Identify ways to increase engagement of the borrower and make recommendations for cross-sell opportunities.
o Ensure confidentiality and safeguard sensitive Member financial information.
o Perform special projects and duties as assigned.
Join us and discover why you''ll love working at Redwood Credit Union!
ABOUT REDWOOD CREDIT UNION (RCU):
At Redwood Credit Union, our mission is to passionately serve the best interests of our Members and communities. Since 1950, we have been dedicated to supporting the financial well-being of our Members through better rates, low or no fees, and best-in-class customer service. Our purpose is to inspire hope and elevate the financial well-being of our communities one person at a time, through good times and bad.
As a not-for-profit financial institution, we are committed to a people-first approach, which is reflected not only in how we serve our Members, but also in how we treat our employees. Our leadership team is deeply focused on fostering a culture of heart and empathy, integrity, passion, inclusion, meaningful relationships, excellence, and ensuring financial well-being for all.
Why work for Redwood Credit Union?
Minimum Qualification: Knowledge, Skills and Abilities
The ideal candidate has a combination of education and experience equivalent to high school diploma and four
years experience in mortgage loan origination or two years as a designated underwriter.
Compensation: Base starting range: $39.00 to $52.00 per hour commensurate with experience.
Our base salary starting range is based on scope and responsibilities of the position, candidate''s work experience, education/training, key skills, and internal peer equity. We offer a competitive total rewards package including a wide range of medical, dental, vision, financial, and other benefits.
Redwood Credit Union offers a robust benefits package to our eligible employees including:
RCU Discounts and Perks:
Physical Requirements:
Internal Team Members: If you are a current Team Member, please apply through the internal careers page located in RCUNET.
We are an Equal Opportunity Employer
We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us at [email protected]. To ensure fairness and consistency, we're unable to respond to individual inquiries about application status.
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Since 1950, Redwood Credit Union (RCU) has been helping people in our communities reach their financial goals and dreams. Because helping others is what truly fulfills and inspires us.
Today, we serve over 255,000 Members, with locations throughout the North Bay and San Francisco, and more than 30,000 ATMs nationwide.
RCU offers more comprehensive financial solutions than you'll find at most other institutions; in addition to everyday banking and loan services, we offer wealth management, insurance, auto sales, and more.
With Nearly $5 billion in assets, RCU is among the largest of over 6,000 credit unions nationwide. As we've grown, one thing has remained the same: We love to help people succeed.
Why should you be interested in becoming part of the team? Well, we’ve got more awards than we can fit on the shelf, including:
Furthermore, we are committed to the ongoing career development and success of our staff, with educational reimbursement, wellness programs and promotional opportunities that abound! Join a company where its key investment is who they hire: YOU!