
Collateral Underwriter
Responsible for reviewing, analyzing, and decisioning collateral for moderately complex consumer requests. Ensures products meet company and industry guidelines; may include suspending collateral decision until deficiencies are resolved. Depending on division, functions may include review and decision of collateral valuations, condo and co-op project reviews, insurance, budgets, financials, title policies, conversion documents and other supporting documentation to approve requests within decisioning authority levels; assisting with the calculations and preparation of reports for review; works with internal and external business partners to gather information to make appropriate decisions provides quality oversight and mitigates collateral and program risk for our borrowers and our organization.
Mortgage industry experience a plus
2+ years of experience in credit or collateral underwriting
3+ years of experience in loan processing
Knowledge and understanding of mortgage origination: applications, processing, and closing
Documentation
Customer Relationship Management
Time Management
Agency loan
Appraisal
Process Improvement
Verbal communication
Detail Oriented
written communication
Results-Driven
According to JobzMall, the average salary range for a Collateral Underwriter in 250 E John W Carpenter Fwy, Irving, TX 75062, USA is between $51,788 and $77,475. This range is based on salaries reported by actual Collateral Underwriters in this area.
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Wells Fargo & Co. is a bank holding company that engages in the provision of banking, insurance, investments, mortgage, and consumer and commercial finance. It operates through the following segments: Community Banking, Wholesale Banking, and Wealth and Investment Management. The Community Banking segment offers investment management and other services to retail customers and securities brokerage and provides financial products and services to consumers and small businesses.

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