Apply Now >FHA Mortgage Underwriter #130-12
The Located at the Chambersburg Operations Center, the FHA Mortgage Underwriter will be responsible for underwriting secondary market and portfolio loans for the Mortgage Operations Department; Underwriting high risk government loans, conforming and non-conforming conventional loans; Assuring approved mortgages meet investor, insurer and/or portfolio guidelines; Analyzing mitigating and risk factors to protect the banks portfolio; Position is not responsible for exceptions made by others with proper lending authority.
A B.S. or B.A. degree in a related field of study preferred; specialized bank residential mortgage lending education and training.
Proficient reading, writing, grammar, and mathematics skills; thorough knowledge of current consumer lending regulations; proficient interpersonal relations and communicative skills; a working knowledge of bank operating policies and procedures which impact residential mortgages; a thorough knowledge of conventional, FHA, VA and USDA; a strong background in compliance guidelines such as HMDA, RESPA, TILA, MDIA and all other related compliance directives; thorough knowledge of Fannie Mae’s Desktop Underwriter software; strong residential mortgage loan decision/documentation application experience; visual and auditory skills; strong problem solving and analytical skills; valid driver's license.
A minimum of five (5) years' experience in related lending positions required, and a minimum of three (3) years experience as a FHA Direct Endorsement Underwriter is required. FHA Direct Endorsement certification is required
This is a Full Time / Salaried opportunity.
In addition to your resume, our applicant process requires that you complete and submit an Employment Application within 10 days of submitting your resume. You may obtain an Application through our website at www.orrstown.com, or by visiting any of our branch locations. Please include the reference number of #130-12 on your application and resume.
Only those applicants selected for an interview will be contacted.