Job summary
Job post source
This job is directly from First Horizon Bank
Job overview
The Mortgage Underwriter at First Horizon Bank evaluates residential mortgage loan applications to make credit decisions that balance profit and risk for the company.
Responsibilities and impact
The role involves independently assessing complex mortgage applications, ensuring compliance with guidelines, communicating with partners, managing loan pipelines, responding to audits, mentoring junior underwriters, and performing related duties.
Compensation and benefits
The position offers medical, dental, vision insurance with wellness incentives, HSA with company match, maternity and parental leave, tuition reimbursement, a mentor program, and a 401(k) plan with 6% company match.
Experience and skills
Candidates must have a thorough understanding of mortgage lending regulations, underwriting guidelines, product types, excellent communication skills, ability to prioritize work, collaborate with teams, and government lending credentials such as FHA Direct Endorsement or VA SAR.
Career development
Opportunities include mentoring less experienced underwriters and participating in a mentor program, supporting professional growth within the company.
Work environment and culture
First Horizon Bank values collaboration, timely customer service, and compliance, fostering a supportive environment with a focus on teamwork and professional development.
Company information
First Horizon Corporation is a leading regional financial services company headquartered in Memphis, TN, operating in 12 southern U.S. states, offering a broad range of banking and financial services, recognized as a top employer and reputable bank.
Team overview
The candidate will join a team that collaborates closely on underwriting guidelines, loan approvals, and solutions for denied files, with opportunities to mentor and be mentored.
Job location and travel
The job is on-site with locations available in Charlotte, NC, Miami Lakes, FL, Plano, TX, Houston, TX, or Baton Rouge, LA.
Unique job features
The role includes handling complex loan applications with unique product types and requires government lending credentials, distinguishing it from similar underwriting positions.
Company overview
First Horizon Bank is a regional financial services company based in Memphis, Tennessee, offering a wide range of banking products and services, including personal banking, business banking, and wealth management. They generate revenue through interest on loans, fees from various banking services, and investment management. Established in 1864, First Horizon has a long history of serving the community and has grown through strategic acquisitions and expansions, making it a significant player in the Southeastern United States banking sector.
How to land this job
Position your resume to highlight your expertise in evaluating complex residential mortgage credit applications, including your knowledge of automated underwriting tools and ability to assess credit bureau information, tax returns, and collateral valuation.
Emphasize your understanding of mortgage lending regulations, underwriting guidelines, and unique product types such as bond, jumbo, and portfolio loans, as well as your communication skills in articulating borrower financial profiles and risks.
Apply through multiple platforms including First Horizon Bank’s official careers page, LinkedIn, and other job boards to maximize your chances of being noticed for the Mortgage Underwriter role.
Connect with current mortgage underwriting professionals or team members at First Horizon Bank on LinkedIn; use ice breakers like commenting on recent mortgage market trends, asking about their experience with First Horizon’s underwriting process, or expressing interest in how they manage loan pipeline priorities.
Optimize your resume for ATS by incorporating keywords from the job description such as 'mortgage underwriting,' 'automated underwriting tools,' 'FHA Direct Endorsement,' 'VA SAR,' 'loan viability,' and 'risk assessment' to ensure your resume passes initial screenings.
Use Jennie Johnson’s Power Apply feature to automate tailoring your resume, identify multiple application channels, and find LinkedIn connections to network with, allowing you to focus your energy on preparing for interviews and advancing your career.
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