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Mortgage Loan Underwriter
Magnolia Bank Inc
To analyze credit and collateral worthiness on FHA, VA, USDA or Conventional loans to be sold on the secondary market. o Verify and analyze all information in the loan file for completeness, accuracy and integrity o Review loan file documents for integrity and make credit decisions based on relevant credit history, employment data and any other pertinent information; request additional information from customers as necessary o Input data and balance that data to all automated underwriting systems. o Review title commitments to insure clear titles on proposed property to ensure that there are no liens against the borrower or land; order corrections to title commitments when necessary o Review all appraisals to confirm that collateral supports loan amount and Loan-to-Value requested o Order mortgage insurance as applicable o Prepare loan approvals o Set up files for shipping to investor o Clear any conditions requested by the investor for loan purchase
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Telecommuting is allowed.
Additional Salary Information: Pay is based upon experience
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