M&T Bank · 2 hours ago
Mortgage Senior Underwriter
United States
Full-time
Remote
Senior Level
$26/hr - $43.34/hr
5+ years expM&T Bank is a financial institution seeking a Mortgage Senior Underwriter to be responsible for underwriting mortgage loans, including government loans. The role involves ensuring compliance with investor requirements and federal regulations while maintaining sound credit quality.
Financial Services
Responsibilities
Underwrite conventional (conforming and non-conforming) FHA, VA residential mortgage loans per product and investor guidelines through AUS and/or manual underwriting
Ensures loans are in compliance with investor requirements, federal and state laws and regulations
Performs risk assessment of credit and collateral ensuring loan saleability and sound credit quality
Responds to and resolved any post-closing issues to ensure loan saleability
Assist management to clear conditions and expedited loan closings
Keep informed of current practices in loan underwriting
Take initiative to keep current on changes in investor and M&T guidelines
Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory standards and policies
Promote an environment that supports belonging and reflects the M&T Bank brand
Maintain M&T internal control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable
Complete other related duties as assigned
Works with internal staff (Account Executives, Loan Officers, broker Coordinators, Loan Processors, etc.) and external customers (Realtors, Mortgage Brokers, etc.) and third parties to expedite the decision process and loan closings for mortgage loans submitted for approval
Underwriters have frequent day-to-day communication with external and internal customers alike
Complete understanding of investor guidelines and ability to run and interpret AUS findings (DU and LP)
The position will re-underwrite and verify monthly, a sampling of loans to insure the accuracy of the documentation
Responsibility to establish and maintain federal registration requirements outlined in the SAFE Act
Qualification
Required
Associate's degree, or in lieu of a degree, 2 years' relevant work experience, plus 4 years mortgage underwriting experience, and Direct Endorsement (DE) or LAPP approval
Associate's degree, or in lieu of a degree, 2 years' relevant work experience, plus 5 years underwriting experience to include 2 years' experience on a unique product (CRA, construction, State Bond, etc.)
Associate's degree, or in lieu of a degree, 2 years' relevant work experience, plus 6 years conventional underwriting experience
Full knowledge of credit risk
Understanding of appraisals
Thorough knowledge of DU/LP valuations (automated underwriting)
Knowledge of applicable industry tools to ensure saleability
Strong verbal and written communication skills with ability to interact with all levels
Thorough knowledge of conforming and non-conforming guidelines
Sound saleable decisions
Understanding of risk assessment of both credit and collateral process and the impact to the saleability of individual loans
Company
M&T Bank
Great companies have an enduring sense of purpose.
10001+ employees
H1B Sponsorship
M&T Bank has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (116)
2024 (113)
2023 (84)
2022 (103)
2021 (42)
Funding
Current Stage
Late StageLeadership Team
René Jones
Chairman & Chief Executive Officer
Dan Saper
•Co-Founder/Co-Chairman of Welcome to M&T Bank Affinity Group, Western New York Chapter
Recent News
2025-10-07
2025-10-06
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