Mortgage Loan Underwriter IV

Elevations Credit Union - Broomfield, CO

When joining Elevations, you can expect to work for a company that:

Provides amazing experiences and creates raving fans.
Strives to provide solutions for a better life and promises employees it will be the best place they have ever worked.
Wins awards such as “Best Bank”, “Best Companies to Work for in Colorado” and even the “Malcolm Baldrige National Quality Award”, the only Presidential award for quality.
Has a highly-engaged workforce and emphasizes career growth, empowerment and servant leadership.

What’s in it for you :
Competitive pay, incentive programs, 401k matching, mortgage and auto discounts
4 weeks min. paid time off, work anniversary paid time off, 11 paid holidays, and 16hrs paid volunteer time off
Medical, dental, and vision health plans with FSA or HSA options
Onsite fitness center, yoga classes, wellness committee events (hiking, softball, soccer,.. to name a few!), health fairs with biometrics screening and flu shots
Onsite cafe
Employee Assistance Program with a variety of services
Career development, trainings, career coaching, job shadowing, mentoring program, tuition reimbursement up to $5,000/year, and a recognition system
Culture of excellence and continuous improvement
We strive to be the best place you’ve ever worked!

The Mortgage Loan UnderwriterIV is responsible for providing prompt, accurate, and courteous service to all staff. Maintains a professional attitude and takes personal ownership of resolving problems and creating financial solutions. Responsible for creating consistency in lending decisions through coaching, reviewing loans, development/implementation of lending policies and procedures, and training as necessary to accomplish organizational lending goals. This position must demonstrate a strong commitment to increasing member value and achieving organizational goals through coaching co-workers, member education, service, and sales. Ensures credit process, policies, and activities fall within the parameters of Federal, State, and Elevations Credit Union’s policies and standards. Adheres to all applicable Federal and State laws and regulations governing the Credit Union.

Essential Functions include:
Assists co-workers with developing sound credit decisions based on policy and procedure, and offering financial solutions to the membership.
Monitors and responds to various incoming loan queues on a continuous and timely manner.
Decisions loan approvals/denials according to agreed upon Service Level Agreements and in compliance with standards set by regulatory agencies, investors, and Credit Union policies and procedures.
Demonstrate prudent judgment and decision making with risk/reward balance for Fannie Mae, Freddie Mac, various investor, FHA, and portfolio loan products.
Maintain excellent production quality.
Assists the management team in creating, supporting, and promoting Credit Union policies, objectives and programs
Acts in a team lead capacity and as a backup to the Mortgage Underwriting Manager.
Adheres to all applicable Federal and State laws and regulations governing the Credit Union, including the Bank Secrecy Act (BSA).

Reports to:
Underwriting Manager

This role does not have supervisory responsibility

Required Competencies:
Managing Work (includes Time Management), Work Standards, Decision Making, Adaptability, Energy, Building Customer Loyalty, Collaborating

Required Education and Experience:
Equivalent to a four-year college degree or equivalent work experience required
Minimum of five years mortgage loan underwriting experience required
Advanced knowledge of lending operations and processes required for Fannie Mae, Freddie Mac, various investor, FHA, and portfolio loan products.
Strong analytical skills including advanced, complex income tax analysis along with asset and liability analysis
Solid understanding of collateral requirements including non-conforming properties and non-warrantable condos
Has established credit policy exception lending authority
Working knowledge of laws and regulations pertaining to consumer lending practices
Basic MS Office skills
Must have a DE CHUMS ID number

Work Environment:
This job operates in an office setting and routinely uses standard office equipment

Physical Requirements:
Sitting frequently, walking occasionally, use of hands frequently, hearing constantly, talking frequently, exerting up to 10 lbs of force occasionally to lift, carry, push, pull, or move objects.

Position Type/Expected Hours of Work:
Full time / 40 hours per week


Elevations Support Center

Other Duties:
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.


About Us : Elevations Credit Union is a member-owned not-for-profit financial institution serving Colorado’s Front Range. Founded in 1953, we’ve grown from 12 members and less than $100 in assets to an institution with 13 branches and more than 120,000 members that manages over $2 billion in assets and is the No. 1 credit union mortgage lender in Colorado. At Elevations, we’ve made a commitment to move away from a product-centered business model and focus instead on creating consumer solutions. Our objective is to provide our members, as well as the entire community, with unbiased consumer information.

EEO Statement: Elevations Credit Union is an equal opportunity employer. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local law. All aspects of employment including the decision to hire, promote, discipline, or discharge, will be based on merit, competence, performance, and business needs.

Candidates for certain positions may be required to submit to a credit history report in determining qualification for employment with Elevations Credit Union. If the position you are applying for requires a credit history report, any information received in such a report will not be the sole factor in making an employment decision. A history of personal financial irresponsibility may be reason for disqualification insofar as it relates to your potential job duties. Elevations Credit Union is aware that occasionally there are extenuating circumstances that may affect an individual's credit history. We comply with the Fair Credit Reporting Act and the Colorado Employment Opportunity Act.