Mortgage Underwriter

This role is responsible for ascertaining the needs of borrowers and assisting them in selecting the appropriate loan type which best matches their long-term objectives, and ensuring compliance with FHLMC/FHA/VA/FNMA guidelines. Ensures all file documentation requirements are met for Fannie Mae, HUD and VA eligible loans. Assimilates new government regulations and applies this knowledge to improve and maintain quality and consistent underwriting. Reviews self-employed, corporate and partnership tax returns, profit and loss, as well as financial statements to ascertain borrowers' income. Provides written letters of commitment for each loan decision detailing required documentation, loan interest rate, as well as the fees and mortgage amount approved. Works with the loan originators and processors to create solutions for problems that arise during processing. Reviews and corrects potential problems in loan processing files (credit history, nonconforming appraisals, files not adhering to guidelines, etc.).

According to JobzMall, the average salary range for a Mortgage Underwriter in 9021 W Sahara Ave, Las Vegas, NV 89117, USA is $35,000 to $75,000 per year. The salary range is dependent on the individual's experience level, job title, and employer. Additionally, the salary range may be affected by the local job market and prevailing economic conditions.

Bank of the West is a regional financial services company, headquartered in San Francisco, California. It is a subsidiary of BNP Paribas. It has more than 600 branches and offices in the Midwest and Western United States.