Mortgage Underwriter

Summary

Underwrites residential mortgage loan applications according to agency, investor, regulatory and internal First Horizon guidelines. Analyzes all aspects of the loan application and supporting documentation to make prudent credit decisions which maximize organizational profit and minimize risk or loss. Provide quality and timely customer service to internal and external customers.

Essential Duties and Responsibilities :

• Independently evaluate a variety of complex residential mortgage credit applications, credit bureau information, collateral valuation, complicated tax returns, financial statements, sales contracts, title, insurance and / or other supporting documentation to decision loans within designated authority levels by way of automated underwriting tools.
• Review and evaluate loan viability and identify risk issues and potential fraud.
• Comply with bank policies and procedures, regulatory requirements, and investor / internal guidelines.
• Effectively communicate with sales and operations partners regarding loan approvals, condition clarifications, deficiencies, and denials.
• Respond to audits and post-closing issues in a timely manner.
• Proactively manage an individual loan pipeline daily, prioritizing files and ensuring loan closing dates are met as well as company turn-time standards.
• Collaborate with team members using underwriting guideline knowledge to identify potential solutions for denied loan files and issue counteroffers when applicable.
• Mentor less experienced underwriters and provide second level reviews for training files.
• Perform other duties as assigned.

Qualifications :

To perform this job successfully, an individual must be able to perform each essential duty

satisfactorily. Additionally, the qualifications listed below are representative of the knowledge,

skills, and / or abilities required in this position :

About Us

First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in states across the southern The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top Most Reputable Bank. More information is available at

Benefit Highlights