Our prestigious client is seeking 25 Retail Mortgage Underwriters for remote work from any of the following states: GA, SC, NC, FL, TN, Client or TX..
The selected Underwriters will review all loan documents and data in a loan file with the goal of rendering an Underwriting decision based on the loan characteristics including but not limited to Borrower’s ability to repay (income, employment and assets), borrower’s credit history and the collateral (property).
All UW’s are granted Lending Authority based on their experience and their performance on initial test cases. Once Lending Authority is received, they underwrite loans in accordance with regulatory requirements, Investor guidelines and overlays. Underwriter responsibilities include but are not limited to the following:
The ideal candidate will have at least 6 years of experience independently underwriting residential mortgage loans
Adept at utilizing and proficient with AUS systems to include both DU & LPA
Responsible for ensuring all documentation meets AUS (DU & LPA) requirements
Ensures all loan applications are underwritten in accordance to FNMA and FHLMC guidelines
Reviews and validates income, employment and asset documentation
Reviews AUS findings
Reviews all credit documentation
Reviews and approves all Trusts
Ensures adherence to any investor overlays
Orders mortgage Insurance certs
Reviews and clears conditions
Issues underwriting approval decision and notifications of clear to close
Suspends file if critical documents are missing and decisions are unable to be rendered
Typically reports to a supervisor or manager.
High School Diploma or GED equivalent
At least 6 years of relevant work experience
May require a bachelor’s degree in area of specialty and at least 6 years of recent experience in front line underwriting and underwriting team leadership/management
FHA Direct Endorsement Certification (CHUMS #) and VA Automatic and LAPP/SAR approval certifications.
Strong working knowledge of FHA Connection, VA WebLGY and USDA GUS AUS.
Familiar with standard mortgage concepts, practices, and procedures.
Should have strong working knowledge with any mortgage loan origination system.
Relies on experience and judgment to plan and accomplish goals
Performs a variety of tasks.
Excellent mathematical and statistical aptitude.
A certain degree of creativity and latitude as expected
The world of work is changing. With rapid advancements in technology, disruptive business models emerging and economic centers of excellence shifting, the global economy is at the precipice of change. Despite the nearly infinite perspectives leaders of the largest global organizations carry on how to succeed in our new world, they all systematically agree on one thing: people strategy is at the core of a world class organization.We believe a best in class people organization is one that plays host to an environment of inspiration, motivation and fulfillment; an ecosystem in which people are empowered, challenged and driven to excel. People are the building blocks of an organization and a sophisticated talent strategy has the potential to create a sum greater than its parts.Our experience enables us to provide a strategic perspective to organizations we partner with on how to best leverage human potential and to create a talent driven workplace.Our ValuesFocus on ImpactAlways do what is in the best interest of our customers. We form relationships that last for decadesGet It DoneThere are no excuses. We are only as good as our executionNext PlayDont get too excited by the highs or too bothered by the lows. Continue to learn and evolve. Its all about the next playLean InWe are one team. Always be the first to reach out with a helping handExude HumilityDont take yourself too seriously. Our organization is as much about the journey as it is the outcome
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