Senior Mortgage Underwriter
Not Disclosed•Full-TimeOn-site
location_onEdgewood Street, Clanton, Chilton County, Alabama, 35045, United States
About the Role
As a Mortgage Underwriter at M&T Bank, you will be the guardian of loan quality and saleability. Your primary mission is to evaluate conventional, FHA, and VA residential mortgage loans, ensuring they meet strict investor guidelines and federal standards. You will determine the acceptability of loans for the secondary market, balancing sound credit quality with regulatory compliance under the SAFE Act.
This role is central to the bank's lending ecosystem. You will work closely with Account Executives, Loan Officers, and brokers to expedite the decision-making process and facilitate smooth loan closings. A significant part of your day involves frequent communication with both internal teams and external partners, such as Realtors and mortgage brokers, to resolve issues and keep the pipeline moving.
Beyond initial underwriting, you will maintain the integrity of our loan portfolio by re-underwriting and verifying monthly samples of loans to ensure documentation accuracy. You will also take the initiative to stay current on evolving investor guidelines and M&T Bank policies, ensuring that every decision reflects the latest industry practices and risk management standards.
Work location
Work model: On-site
Edgewood Street, Clanton, Chilton County, Alabama, 35045, United States
Clanton, Alabama
Key Responsibilities
- check_circlePerform risk assessment of credit and collateral to ensure loan saleability
- check_circleResolve post-closing issues to maintain loan saleability and quality
- check_circleMaintain federal registration requirements under the SAFE Act
Similar Job Opportunities
Skills, education and keywords
Skills: Mortgage Underwriting, Fha, Va, Aus, Manual Underwriting, Du, LP, Safe Act, Direct Endorsement, Lapp.
Education: Associate's degree or equivalent experience required.
Frequently asked questions about Senior Mortgage Underwriter at M&T Bank
What does a Senior Mortgage Underwriter at M&T Bank do?expand_more
In this Senior Mortgage Underwriter at M&T Bank role, you will perform risk assessment of credit and collateral to ensure loan saleability; resolve post-closing issues to maintain loan saleability and quality; maintain federal registration requirements under the safe act; and underwrite conventional, fha, and va residential mortgage loans per investor guidelines.
What are the requirements for this Senior Mortgage Underwriter role?expand_more
M&T Bank is looking for candidates who meet the following requirements: Associate's degree or 2 years relevant work experience plus 4 years mortgage underwriting experience and Direct Endorsement (DE) or LAPP approval; Associate's degree or 2 years relevant work experience plus 5 years underwriting experience including 2 years on unique product (CRA, construction, State Bond); Associate's degree or 2 years relevant work experience plus 6 years conventional underwriting experience; Federal registration requirements under the SAFE Act; Knowledge of credit risk and appraisals; and Thorough knowledge of DU/LP valuations.
Where is the Senior Mortgage Underwriter role at M&T Bank located?expand_more
Senior Mortgage Underwriter at M&T Bank is based in Edgewood Street, Clanton, Chilton County, Alabama, 35045, United States. This is a on-site role.