Collateral Underwriter Information

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NASB Financial Inc

North American Savings Bank was founded in 1927 on the principles of strength and security. Today, as a locally-owned bank with more than $1 billion in assets, we continue to do what we do best—provide strong, conservative leadership and profitably navigate the ups and downs of the economy, while providing a safe and secure place for your deposits.NASB operates nine deposit branch locations, four residential loan origination offices, and one residential construction loan origination office,... Read More

Address	North American Savings Bank 12520 S. 71 Highway Grandview, MO 64030
Website	/www.nasb.com/
Holding	No Holding Details

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Collateral Underwriter

Job Description

North American Savings Bank (NASB) continues to be an industry leader in providing home mortgages not only to our customers in the Kansas City metro but across the country where we lend in all 50 states. We are a high volume production environment and pride ourselves in providing outstanding customer service, a wealth of products and services (including CONV, FHA and VA) and fast and efficient turn times for our borrowers. With a top notch sales and operations staff, NASB has closed over $7.5 Billion in residential home mortgages in the last 5 years.

We are currently searching for an experienced Collateral Underwriter for our Mortgage Operations Center in Kansas City, MO. Successful candidates will have a minimum of 5-7 years of mortgage industry experience as a full-time Underwriter or Appraiser with heavy emphasis on collateral review.

Skills/Requirements

    * Underwrite the quality of the appraisal report, the overall condition of the property, and its functional design in order to evaluate the fair market value to serve as collateral for a mortgage loan.
    * Ensure compliance to FHA, VA, FNMA, FHLMC, Shelf, and Portfolio for investment quality and salability while employing prudent standards to minimize losses and ensure fair lending requirements.
    * Must be familiar with a variety of the industry’s concepts, practices and procedures.
    * Ensure compliance with NASB and delegated investor underwriting guidelines on NASB and wholesale originated loans.
    * Keep up to date on current FHA, VA, FHLMC, FNMA, Shelf, Portfolio and delegated investor guidelines, and private mortgage insurance requirements.
    * Must be well informed with USPAP and maintain a current appraisers license and certification through continuing education.
    * Must be in good standing with NASB investors, Fannie, Freddie and FHA.
    * Must be state certified as an appraiser in either Kansas or Missouri.