Senior Home Loan Underwriter

Position Overview

The Senior Home Loan Underwriter is responsible for analyzing and rendering home loan lending decisions consistent with STCU policies, STCU product details and secondary market investor guidelines. As a senior level position, this role works independently while also providing mentorship and support to other roles as needed.

Core Job/Requirements/Outcomes

• Demonstrate full proficiency and knowledge of home loan underwriting guidelines and maintain compliance with all regulatory standards by staying up to date on all applicable agency rules, investor guidelines and STCU product guidelines.
• Determine borrower ability to repay and, property and program eligibility by reviewing and analyzing income documentation, asset documentation, credit reports, appraisals, AVMs, title reports, etc. as well as validating AUS findings.
• Ensure alignment with STCU’s risk-tolerance standards and portfolio quality by applying strong problem-solving, sound judgment, and rigorous scrutiny to analyze the suitability of exception requests and complex loans—such as construction and jumbo loans—and recommend approval or denial as appropriate.
• Maintain compliance with the department business plan by meeting applicable service level agreements and established production goals for number of loans underwritten.

Other Essential Functions

• Act as a senior member of the underwriting team by providing key feedback, mentoring and training to loan officers, processors and other underwriters when needed.
• Serve as a representative of the Home Loan underwriting team in various STCU projects, committees and/or CI initiatives
• Complete various on-going third-party training requirements as needed to maintain knowledge or as assigned by VP of Home Loan Underwriting.
• Contribute to the development of STCU's culture and strategic vision; the achievement of organizational goals; and support and emulate the STCU Core Values.
• Exercise strong communication skills by communicating loan decisions effectively and timely within established standards.