Horizon Bank
  • - Retail Mortgage Lending
  • Michigan City, IN, USA
  • Full Time

Responsible for underwriting Conventional, FHA, VA, USDA and Construction Mortgage Loan files in compliance with Investor Guidelines. Ensure compliance with state and federal regulations, company policies and established Standard Operating Procedures (SOPs). Manage construction loans in process and repair escrow accounts; analyze and disposition draws submitted for approval. Work within a team to ensure loans progress through the pipeline efficiently and effectively and that loans close within the rate lock period.

The location of this position is flexible, and can be located at any one of our branch locations within Indiana and Michigan.


Accurately underwrite files to ensure underwriting and appraisal unit volume repurchase and indemnification by an investor or agency are below defined targets and completed within the required timeframes. Represent the Bank to both internal and external customers in a courteous, professional manner in face-to-face, written and telephone communications. Accountable for adherence to compliance standards including Bank Secrecy Act (BSA), quality of documentation, timeliness and volume of loans closed. Actively protect confidentiality of customer and account information. Demonstrate Horizon Bank's commitment to the communities in which we serve through active involvement in local organizations and events.

• Underwrite loans submitted to the Underwriting Que by the processor
• Examine and verify authenticity of documents submitted for determination within the established timeframe
• Review documents to ensure all Red Flags have been addressed and mitigated
• Analyze, review, document and approve all income, asset and credit documents in the file.
• Analyze loan details and borrower relationships with Horizon Bank to determine if Aggregate Credit Exposure (ACE) or Exception Worksheets must be prepared and approved
• Analyze, review, document and approve appraisals with regard to comparable selection, exhibits, attachments and methodology using CU, VA LSAM and FHA EAD
• Adhere to the SOP guidelines for underwriting loans, clearing conditions, approving and denying loans and approving construction loan draws.
• Adhere to Retail Mortgage Policies including but not limited to Loan Authority, Desirable Loan Types, Market Area-Geographic, Underwriting Criteria, Construction Loans, Construction Loan Disclosure, Approvals/Adverse Actions, Real Estate Appraisals/Appraiser Independence, Undesirable Properties, Survey Requirement, Title Insurance, Hazard Insurance, Mortgage Insurance, Flood Insurance, and Escrows.
• Minimize stipulations by underwriting files to investor and agency overlays; clear stipulations within the specified period
• Responsible for Reg B compliance, ensuring accuracy and timeliness of adverse action decisions
• Input data in AUS (Automated Underwriting System) for data integrity
• Communicate regularly with internal and external customers regarding progress of loan approval, loan conditions, appraisal approvals and denials.
• Report suspicious transactions or unusual occurrences to supervisor.
• Conduct and document periodic audit findings presented by internal audit, outside audit companies, Mortgage Insurance companies, Investors and/or Agencies as requested.
• Perform all work in compliance with established regulations, policies, Standard Operating Procedures (SOPs), and instructions.
• Maintain customer confidence and protect bank operations by keeping information private and confidential.
• Attain and maintain all required certifications.
• Participate in ongoing skill, compliance, product, market, risk management and security training as required for the position and apply knowledge in performance of daily tasks
• Provide coverage for Consumer and Mortgage Appraisal Review Specialist and adhere to job responsibilities as needed.
• Other duties as assigned

• High school diploma or equivalent required; college degree in business, finance or related field of study preferred.
• Minimum of 2 years' experience underwriting mortgage loans to secondary market and agency guidelines and 2 years' experience in mortgage loan appraisal review
• FNMA Desk Top Underwriter, FNMA Collateral Underwriter, FHA DE and LAP/SAR preferred
• Thorough knowledge of mortgage loan programs and industry standards as they relate to retail mortgage lending
• Exceptional organization, time management and follow-up skills. Excellent interpersonal skills and ability to communicate effectively with customers, bank employees and outside service providers.
• Ability to follow detailed instructions and a wide range of procedures requiring superb analytical skills, detailed documentation and sound judgement.
• Ability to perform complex mathematical computations using various business machines and/or computers. Must have proficient typing and computer skills.

• Attention to Detail • Accountability
• Analytical Thinking • Teamwork
• Decision Making • Developmental & Continual Learning

Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions in compliance with the Americans with Disabilities Act (ADA)

Physical Demand: Percentage of Time:
• Communicate with customers, advisors and managers regarding banking transactions and issues. Able to exchange accurate information with others.
• Able to verify authenticity of financial instruments, forms, documents and signatures. Able to verify identity of customers, vendors and service providers. Able to observe actions of others to ensure safety and security of the facility.
• Able to grasp, move and sort forms and papers. 90-100%
• Constantly operate a computer and other office machinery such as calculator, copy machine, fax machine, scanner, printer and telephone 90-100%
• Able to remain stationary at a desk for long periods of time 75-100%
• Regularly move about the office to access file cabinets, storage drawers and various office equipment
• Occasionally position self to reach heights between floor and 6' <25%
This Job Description reflects management's assignment of duties and responsibilities
and is subject to change at any time.


EEO Employer/Vet/Disabled

This position has been closed and is no longer available.
Horizon Bank


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