Farmers Bank of Kansas City is growing and in need a highly motivated, experienced Sr. Underwriter. As a new member of our team, the Sr. Underwriter will work on-site to evaluate residential loan application packages and determine program eligibility and credit worthiness of the consumer.
Job Functions:
- Underwrite residential mortgage loans in accordance with FNMA, FHLMC, FHA, and VA internal guidelines ensuring compliance with company and investor standards.
- Review and analyze borrower profiles, credit reports, title reports, income documentation and assets, including complex business returns.
- Review appraisals for accurate property valuation.
- Demonstrate proficiency in automated underwriting applications and ability to assess results.
- Manage individual pipeline on a daily basis by completing new underwriting reviews, condition reviews, and other underwriting tasks within established turn times.
- Communicate with processing and sales to provide updates, clarification on outstanding conditions and deficiencies identified on loans, and to assist in interpreting underwriting guidelines.
- Work with the post-closing team to resolve any issues.
- Provide loan scenario support to sales and processing teams.
Qualifications:
- Minimum 5 years recent full time Mortgage Underwriting experience (Required)
- Proficiency with DU and LP, FHA Connection, and VA Portal
- Knowledge of FHMA, FHLMC, FHA, and VA guidelines
- Active DE Chums and VA SAR required
- Self-starter, self-reliant, dependable, ability to work within and meet specific time restraints
- Flexibility in decision making with strong problem solving skills
- Must be able to work overtime as needed
Job Type: Full-time
Experience:
- Underwriting: 5 years (Required)
Job Type: Full-time
Benefits:
- 401(k) 3% Match
- Dental insurance
- Employee assistance program
- Flexible spending account
- Health insurance
- Health savings account
- Life insurance
- Paid time off
- Profit sharing
- Vision insurance
Schedule:
Ability to Relocate:
- Overland Park, KS 66223: Relocate before starting work (Required)
Work Location: In person