Job Description:

Duties and Responsibilities:

  • Perform mortgage credit analysis, with or without the assistance of an automated underwriting system to determine Borrower’s willingness and ability to repay the mortgage debt.
  • Knowledge of FNMA, FMLMC, and FHA documentation and general guidelines/standards.
  • Experience with VA, and USDA is a plus.
  • Validate loan application and supporting documentation and verify that the system of record reflects correct information. Update system of record when required.
  • Review and validate income, asset, credit, title, value, and fraud reports.
  • Ensure all required property information is in system.
  • Confirm government required documents are complete and accurate.
  • Review title information and purchase contract, if applicable.
  • Run and review quality control tools.
  • Run, review, and interpret DU, LP. And Total Score-Card, when applicable.
  • Document system with all dates and information.
  • Maintain production standard goals as established by management.
  • Ability to act as FHA, DE, and/or VA Automatic and SAR Underwriter, if not, should be pursuing these designations (based on lending authority level).
  • Order and review MI based on loan program.
  • Ensure that system of record matches MI certificate.
  • Approve and/ or deny loans and update the system accordingly.
  • Re-underwrite loans when additional information has been received.
  • May be asked to second sign loan decisions for lower level authority underwriters.
  • May occasionally be required to provide training for and mentoring to Junior Underwriters.
  • Answer and research general underwriting scenario and guideline questions via email and phone.
  • Complete all required underwriting worksheets and checklists.
  • Assist in resolving post-closing suspense issues.
  • Must be able to evaluate and analyze complex income tax returns to establish qualifying income.
  • Other duties as assigned.
  • DE Certified

 

 

Job Requirements:

Qualifications:

  • Recent Underwriting experience in the mortgage industry is a must
  • High school diploma or equivalent required; College degree preferred
  • Experience with (AUS) automated underwriting systems
  • Working knowledge of loan program products and services, and policies essential
  • Knowledge of paperless file environment and image software repository
  • Genuine commitment to customer service
  • Solid organizational and problem-solving skills
  • Proven aptitude to work in both a team and individual environment

 

Education/Experience/Skills:

  • Minimum of five (5) years underwriting experience.
  • Bachelors preferred.
  • Strong analytical and negotiating skills.
  • Ability to work in a fast-paced environment
  • Ability to travel to agent and broker, carrier, and employer meetings.
  • Ability to work in a highly automated, paperless environment, including specialized software packages.
  • Basic computer skills including MS Office Suite

 

Job Type: Full-time

Pay: $95,000 Plus OT.

 

Benefits:

  • Health insurance
  • Dental Insurance
  • Vision Insurance
  • Life insurance
  • Paid time off

 

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