3 jobs found

The Mortgage Underwriter II is responsible for providing accurate and timely loan decisions based on an individual’s credit history, financial position, and strength of collateral. This role ensures compliance with all regulatory requirements and investor guidelines while mitigating risk to the organization. Individuals in the role must have attained Direct Endorsement (DE) status from HUD and/or Staff Appraisal Reviewer (SAR) authority from the VA, and have an extensive understanding of FHA, VA and conventional guidelines.  MAJOR RESPONSIBILITIES: Loan Analysis & Compliance Conduct a thorough review of complete loan packages to ensure compliance with company policies, investor requirements, and FHA/VA guidelines. Maintain up-to-date knowledge of all company, investor, and correspondent programs and requirements. Decision-Making & Communication Exercise loan approval authority up to established corporate limits Communicate underwriting...

Hiring Range: $136,599 - $224,413   The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information. Responsibilities include, but are not limited to the following: Business Development : Lead business development efforts identifying appropriate prospects and make personal calls on current and prospective customers under the direction of a Team Leader.  Take a leadership role representing Eastern Bank in business and community activities.  Actively identify opportunities to cross-sell other bank products and services to customers and prospects including Treasury Services, commercial insurance and deposit products.   Credit Underwriting: Review existing credit facilities and new credit applications, analyze...

Hiring Range: $77,878 - $127,942   The posted salary range reflects Eastern’s expected hiring range. Actual pay may vary based on experience, skills, and market factors; additional compensation may apply. Eastern offers a robust benefits and retirement package. Please see the description of benefits included with this job posting for additional information. Responsibilities include, but are not limited to the following:  Portfolio Management, including Financial Reporting and Covenant Tracking Obtaining annual financial information for files from clients  Analyzing financials on existing relationships and preparing update memos  Report regularly on status Team Leader New Loan Requests and Loan Renewals  Analyze new loan requests (cash flow assessment, collateral valuation, spread analysis, guarantor assessment, etc)  Research, compile, and provide market analysis relative to a credit  Assist in preparing/underwriting pre-deals and credit vehicles (both new loans and...