27 May 2023

Full-Time Mortgage Underwriter – Bani Hasan

Webster Bank – Posted by JobsTeam Bani Hasan, Al Bahah, Saudi Arabia

Job Description

For all mortgage lending products, the Mortgage Underwriter is in charge of risk management. All mortgage applications will be subjected to risk reviews by the Mortgage Underwriter, who will ensure that they meet portfolio and/or secondary market requirements. On applications that do not meet portfolio or secondary market requirements, the Mortgage Underwriter will suggest approval or denial. The Mortgage Underwriter will engage with relevant parties in a professional manner to gather or clarify information needed to appropriately assess risk and make a loan decision.

Job Title : Mortgage Underwriter
Location : Bani Hasan, Al Bahah, Saudi Arabia
Salary : $ 27.2 per hour.
Company : Webster Bank
Job Type : Full-Time


  • Manages the application process for mortgage loans. Completes a full risk analysis of mortgage loan applications, including legal document evaluation, income analysis (including self-employment and tax return analysis), and asset analysis, among other things. Determine if the application complies with the credit union portfolio or secondary market criteria, and then approve or deny the application depending on the results. Alternative approval criteria are suggested if relevant.
  • Provide excellent internal and external customer service that fits each client’s individual needs and develops bank loyalty.
  • Assess individual risk by analyzing credit, income, and assets on a loan-by-loan basis and making underwriting recommendations to Mortgage Originators as quickly as practicable.
  • Maintain a complete awareness of loan product requirements and industry laws, including assisting in the prevention, detection, and settlement of mortgage fraud.
  • Analyzes and evaluates information included in mortgage loan documents in order to determine whether or not the buyer, property, and loan conditions meet the standards of the Credit Union and applicable regulations.
  • Responsible for maintaining up to speed on all state, local, and federal requirements, including but not limited to the Ability to Repay (ATR), Qualified Mortgage (QM), Real Estate Settlement Procedures Act (RESPA), Truth in Lending (TILA), and any other relevant mortgage lending rules.
  • Determine the degree of risk throughout the loan application process, and underwrite the loan successfully using lending regulations and procedures to reduce the risk.
  • Demonstrate the ability to make sound decisions about applicants’ credit worthiness based on current underwriting standards, Bank policies, processes, skills, and experience.
  • In charge of staying up to date on all secondary market requirements, with a special emphasis on the investors who have already formed relationships with the credit union, such as the FNMA, FHLMC, and FHLB. It is your responsibility to communicate changes to these regulations in an appropriate and timely manner.
  • As you operate and update the Bank’s appraisal site, interact with appraisers about issues, corrections, and more information.


  • It is necessary to have excellent interpersonal, organizational, and communication skills.
  • Conventional, FHA, VA, USDA, VHDA, and NC underwriting guidelines are well-known.
  • The ability to use CUDL 360 and Symitar, as well as Microsoft Excel and Word Processing, is necessary.
  • You should have 1-3 years of mortgage underwriting experience, or a similar combination of education and experience.
  • Communication, analytic, auditing, investigation, and decision-making abilities are all essential. Both verbally and in writing, you have excellent communication and problem-solving skills.

How to Apply


Job Categories: Mortgage Underwriter. Job Types: Full-Time.

Job expires in 24 days.

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