Analyzes and evaluates residential loan applications originated by U.S. Bank branch offices in accordance with industry and business unit standards. Gathers, analyzes and interprets all types of credit information for existing and prospective retail banking customers in order to maximize credit and minimize risk and potential loss. Develops and maintains a loan underwriting portfolio consistent with the Bank's guidelines for credit quality and Investor or Insurer standards. Approves and/or denies loans within certain limits and makes credit structure and loan eligibility decisions. **Training period is 30-60 days and will be held in person at the Woodbridge, New Jersey office** . Once training has been completed employee may transition to telecommute status, however, **they must be able to commute to the office at least once per month** . **Qualifications:** Basic Qualifications + Bachelor's degree, or equivalent work experience + Five or more years of mortgage underwriting experience Preferred Skills/Experience + Advanced understanding of factors affecting real estate values and credit analysis + Good mathematical skills + Proficient computer navigation skills + Excellent verbal and written communication skills + Experience with FHA, VA and HUD loans + FHA Direct Endorsement Underwriting designation + VA Staff Appraisal Reviewer (SAR) designation **Job:** Credit Underwriting **Primary Location:** New Jersey-NJ-Woodbridge **Shift:** 1st - Daytime **Average Hours Per Week:** 40 **Requisition ID:** 190013534 **Other Locations:** Delaware-DE-Home-based, New Jersey-NJ-Home-based, Pennsylvania-PA-Home-based, New York-NY-Home-based U.S. Bank is an Equal Opportunity Employer committed to creating a diverse workforce. U.S. Bank is an equal opportunity employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.
* The salary listed in the header is an estimate based on salary data for similar jobs in the same area. Salary or compensation data found in the job description is accurate.