Responsibilities:
Underwrite residential mortgage loans in accordance with Jumbo, FNMA, FHLMC, FHA and VA internal guidelines ensuring compliance with company and investor standards
- Manage individual pipeline on a daily basis by completing new underwriting reviews, condition reviews and other underwriting tasks within established turn times
- Review and analyze borrower profiles, credit reports, title reports, income documentation and assets, including complex business returns and financials
- Assess and respond to fraud indicators
- Determine eligibility for private mortgage insurance
- Demonstrate proficiency in automated underwriting applications and ability to assess results
- Structure loans according to lender requirements and credit quality
- Review appraisals for accurate property valuation
- Discuss marginal loans with Underwriting Team lead and Sales Manager before suspending or declining file
- Communicate with Underwriting Team lead to advise of any sales, processing or customer service issues
- Communicate with processing and sales to provide updates, clarification on outstanding conditions and deficiencies identified on loans, and to assist in interpreting underwriting guidelines
Qualifications:
- DE Chums and VA LAPP and SAR, preferred
- Loan quality and risk management
- Knowledge of Jumbo, NON-QM,FNMA, FHLMC, FHA and VA guidelines. USDA experience helpful
- Proficiency with DU and LP, FHA Connection and VA Portal
- Excellent interpersonal, written and verbal communication skills
- Self-starter, self-reliant, dependable, ability to work within and meet specific time constraints
- Flexibility in decision making with strong problem-solving skills
- Customer service driven: responsiveness to client and team member issues and concerns
- Minimum of 5 years in mortgage lending operations with at least 2 years in an underwriting role
- Strong working knowledge of Lending QB
Desired Education
- High School diploma or equivalent required
- Bachelor’s Degree preferred
Company Benefits:
- Remote positions available
- Medical
- Vision
- Dental
- 401k
- FSA
- Life Insurance
Other Duties:
This job profile is not intended to be an all-inclusive list of job duties and responsibilities, as one may perform additional related duties as assigned in order to meet the needs of the organization.
Work Authorization: Must be able to verify identity and employment eligibility to work in the U.S.
Equal Opportunity Employer Race, Religion, Color, National Origin, Gender, Sexual Orientation, Age, Protected Veterans, Disabled.