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Purchased Loan Underwriter

Job Type: Full-time

Location: Parsippany, NJ

Summary: File review and underwrite Purchased Loans.

Minimum/Essential Job Requirements: 

  • High school diploma or equivalent

  • Minimum of five years' experience in processing and pre-underwriting 1-4 family mortgage loans for sale in the secondary market or held in portfolio but of saleable quality

  • Excellent written and oral communication skills as well as good organizational skills

  • Working knowledge of Microsoft Office Suite 365, Loan Origination Systems, Automated Underwriting Systems and Investor portals

  • Detailed knowledge and understanding of federal and state banking laws and regulations applicable to residential mortgage lending, the bank's lending practices and secondary market guidelines

  • Ability to create and maintain departmental procedures relating to purchase loan review

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, LGBTQ, national origin, disability or protected veteran status.