Senior Underwriter

Senior Underwriter

Job Description

This position is responsible for analyzing and evaluating consumer home loan applications as well as the supporting documentation to assess Borrower’s credit worthiness. Types of consumer loan applications include but are not limited to agency, government, and Non-QM loans. Must be able to recommend approval or denial of credit applications and provide written and verbal decision and documentation to support the lending decision.

· 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 and general guidelines/standards

· Validate loan application and supporting documentation, and verify 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 the system.

· Look over all loans to substantiate that they meet investor underwriting guidelines.

· Confirm government required documents are complete and accurate.

· Review title information, and purchase contract, if applicable.

· Run and review quality control tools – i.e. FraudGuard and Early Check.

· Run, review and interpret DU/LP when applicable.

· Document system with all dates and information.

· Maintain production standard goals as established by management.

· Re-underwrite loans when additional information has been received.

· May be asked to second sign loan decisions for lower level authority underwriters.

· Complete all required underwriting, worksheet and checklists - i.e. Income Worksheet, QM/ATR checklist.

· Assist in resolving branch post-closing suspense issues.

· Must be able to evaluate and analyze complex income tax returns to establish qualifying income.

· Other duties as assigned

QUALIFICATIONS:

· High school diploma or equivalent required; College degree preferred

· 5 years of recent Underwriting experience in the mortgage industry is a must

· Experience with (AUS) automated underwriting systems

· Experience with Loan Origination Systems such as Encompass.

· Proficiency with computer systems including MS Office (Word, Excel, and Outlook), Internet Browsers, and email functions required

· Solid organizational and problem-solving skills

· Proven aptitude to work in both a team and individual environment

- Recent experience underwriting to manual guidelines (government or non-qm/jumbo)

- FHA DE and/or VA SAR preferred

Position is not remote.

Job Type: Full-time

Pay: $77,702.24 - $93,576.89 per year

Benefits:

• 401(k)
• 401(k) 2% match
• Dental insurance
• Flexible schedule
• Health insurance
• Life insurance
• Paid time off
• Retirement plan
• Vision insurance

Schedule:

• 8 hour shift
• Day shift
• Monday to Friday

Work Location: In person