Job description
Role: Mortgage Underwriter
Location: Remote
Job Description:
Essential Job Functions:
- Review and analyze borrower’s mortgage applications, credit reports and related documents
- Review employment documentation and re-calculate income for completeness/accuracy per guidelines
- Review and recalculate asset documentation per guideline requirements
- Review credit report and re-calculate liabilities
- Review title commitments and title policies
- Review and analyze real estate purchase contracts
- Review and analyze HUD-1/Closing Disclosures
- Review and analyze transaction costs, seller and financing concessions, and assets required to close
- Review appraisals for completeness, red flags, health and safety issues, and external obsolescence
- Analyze individual loan files and determine compliance with applicable lender guidelines
- Identify all red flags within a loan file and ensure they are addressed accordingly
- Apply underwriter sound judgment to determine major or minor deficiencies within a loan file
Requirements:
- 3+ years underwriting experience with exposure to both manual and automated underwriting environments
- Minimum two years’ experience underwriting to FNMA and/or FHLMC guidelines
- Demonstrate impeccable written and verbal communication skills
- Excellent time management skills with an emphasis on quality
- Knowledge and understanding of transaction components that indicate a loan is investment quality
- Must be self-motivated, creative and able to work in a team environment while thinking independently and sharing knowledge and ideas
- Must be able to multi task between multiple analytical projects
- Strong computer skills
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