Loan Underwriter

Underwrites ethical and salable residential mortgage and consumer loans and evaluates risk while ensuring the quality of each loan submitted. Approves loans, issues alternative options, or adverse action accordingly using sound judgment while applying bank policies and procedures. Validates the data entry to the appropriate Loan Operating System and evaluates all applicable documentation as required by job function. Evaluates all documents and conditions loan accordingly. Identifies loans for exceptions while ensuring proper procedures are followed for approval and documentation; clears or resolves any issues. Escalates integrity issues as appropriate and ensures files are compliant to internal guidelines and external regulatory requirements Maintains knowledge of loan product guidelines, internal policies and procedures, and regulatory requirements. Monitors vendor performance if required, submits monthly reports to management.

According to JobzMall, the average salary range for a Loan Underwriter in 9000 Atrium Way, Mt Laurel Township, NJ 08054, USA is $42,500 to $67,500 per year.

This range may vary depending on the company and other factors such as experience, location, industry, and job requirements.

The Toronto-Dominion Bank is a Canadian multinational banking and financial services corporation headquartered in Toronto, Ontario.