Underwriter

The Underwriter’s primary responsibilities include reviewing mortgage files submitted to Underwriting. This position requires calculating income, analyzing debt and assets, as well as completing an in-depth review of the completed appraisal and title.  Additional responsibilities include entering data into the client’s loan operating system, performing a manual underwrite, clearing conditions for Final Approval and communicating outstanding requirements to customers. Candidates must possess a strong sense of urgency with an ability to work in a team environment, maintaining excellent organization and communication skills, maintaining high level of quality standards and commitment to a superior level of customer service.

Essential Job Functions

•  Maintain conforming signing authority and quality standards
•  Maintain current knowledge of client and investor requirements
•  Perform complete and in-depth review of mortgage loan files including; income (inclusive of rental income, IRA, annuity and 401K), assets, credit and collateral
•  Utilize client’s loan operating system to ensure accurate data entry
•  Evaluate and ensure overall loan documents are accurate, complete, and compliant
•  Manually underwrite loans in accordance with client guidelines
•  Restructure non-conforming loans in order to meet conforming loan limits
•  Complete POA review
•  Identify and/or clear red flags or s
•  Issue loan decision and condition file accordingly
•  Review and approve conditions for compliance and completion of loan file
•  Provide excellent customer service to internal and external clients
•  Assist Processors/Loan Officers in understanding underwriting decisions and conditions
•  Resolve pre and post-closing issues as they relate to underwriting
  
  

Requirements

•  Minimum 2+ years  current  mortgage loan underwriting experience
  
  

o Strong knowledge of income calculations, tax returns, reading credit reports, identifying red flags

o Knowledge of appraisal and title, and ability to recognize red flags and ineligible properties

•  Strong analytic, interpersonal, and verbal and written communication skills
•  Detail-oriented with strong ability to time manage
•  Ability to work in a flexible and production-oriented environment
•  Must be able to work in a high stress environment while delivering a high-level  of customer service
•  Must be willing and able to work as part of a team
•  Strong capability to work in multiple systems - paperless environment
•  Must be willing to work in strict security environment
•  Ability to obtain NMLS-MLO Licenses preferred
•  Candidates must be available to work outside of normal business hours when necessary