Town and Country Bank is seeking an experienced Mortgage Loan
Underwriter with experience in conventional and government loan
underwriting. This position may be worked out of one of our branch
locations in Illinois or can be remote.
At Town and Country our mission is to empower the financial
well-being of our communities, one person at a time.
The culture at Town and Country is built on our shared core
values - Teamwork, Achievement, Passion and Positive Thinking.
Teamwork means we work together to achieve a common purpose.
Achievement means we are results-oriented and achieve success by
reaching and exceeding our goals. Positive thinking means we
exhibit a positive attitude and strive to maintain an upbeat and
fun work environment. Passion means we love what we do and
understand the importance of our role in relation to the direction
and purpose of the organization. We hire, review, reward, and
recognize our teammates based on these characteristics, so it's
important that you share these values in order to be part of our
Under limited supervision, decides on whether to lend on
conventional residential loans. Provides teamwork to other mortgage
operations' team members by helping dictate efficient workflow and
keep loans moving forward in an efficient and effective manner.
Directs the overall quality control function for secondary market
loans by ensuring borrower meets standards of willingness and
ability to repay debt. Embraces and promotes Town and Country's
core values of teamwork, achievement, passion and positive
ESSENTIAL FUNCTIONS AND DUTIES:
- Reviews income, asset position, collateral, and credit profiles
to determine loan approval acceptance for all residential related
- Examines overall loan documentation, reviewing for acceptance
as well as fraud mitigation
- Reviews work of appraiser prospects for recommendation of
addition to approved appraiser's list
- Reviews Automated Underwriting System Findings such as FNMA DU,
to ensure that all requirements have been satisfied prior to loan
- Engages regularly with sales and other members of operations to
ensure loan structure and requirements are understood and are in
the best interest of the customer and the company.
- Monitors and reports any deficiencies in loan documentation as
required by compliance to ensure continued relationships with
- Performs other job-related duties and special projects as
Minimum of 5 years experience in mortgage loan underwriting,
including: FNMA conventional, CHUM's ID, SARS and be LAPP approved.
Grant loans along with USDA loans.
Experience in Microsoft Office applications.
Excellent written and verbal communication skills.
Knowledge of financial analysis techniques.
Ability to work in a team-based, fast-paced work
High degree of accuracy and strong organizational skills.
Ability to work under pressure and on deadline
Bachelor's degree in related field or equivalent experience.