U.S. Bank Mortgage Underwriter 3 in RICHFIELD, Minnesota

At U.S. Bank, we're passionate about helping customers and the communities where we live and work. The fifth-largest bank in the United States, we’re one of the country's most respected, innovative and successful financial institutions. 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, disability or veteran status, among other factors.

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.


Basic Qualifications

  • Bachelor's degree, or equivalent work experience

  • Five or more years of mortgage underwriting experience, including FHA, VA and HUD loans

  • FHA Direct Endorsement Underwriting designation

  • VA Staff Appraisal Reviewer (SAR) designation

Preferred Skills/Experience

  • Advanced understanding of factors affecting real estate values and credit analysis

  • Good mathematical skills

  • Proficient computer skills

  • Excellent verbal and written communication skills

Job: Credit / Lending

Primary Location: Minnesota-MN-Richfield

Shift: 1st - Daytime

Average Hours Per Week: 40

Requisition ID: 160042355