Opening for a Residential Mortgage Underwriter with 3+ years of Conventional experience.
Principle Duties and Responsibilities
- Underwrite primarily conventional loan applications, ensuring adherence to company and investor guidelines.
- Evaluate and verify applications – determining whether the borrower will be able to repay the loan.
- Review and audit of loan files for completeness and accuracy, analyzing credit documents, including, but not limited to: mortgage applications, credit reports, income documents, title reports, appraisals and all applicable compliance documents.
- Review all conditions of loan approval and ensure all conditions are satisfied prior to submitting the loan to the closing.
- Prior to declining any loan, review the decision with supervisor in an attempt to find alternative solutions.
- Communicate the results of loan underwriting decision to the originating personnel
- Coach/counsel originators and/or mortgage loan personnel in the interpretation and application of underwriting guidelines and provide guidance and recommendations.
- Assist when required to satisfy any post-closing issues
Requirements
- Minimum of 3 + years of recent experience in an underwriting role and thorough knowledge of the mortgage industry
- Must be familiar with all Fannie Mae and Freddie Mac guidelines.
- DE/SAR preferred, but not required
- Encompass experience preferred
- Strong analytical and problem-solving skills
- Ability to prioritize work and meet deadlines within an acceptable time frame
- Strong written and oral communication skills
- Ability to work in a fast-paced, high volume environment
Position is working from home, 40 weekly hours, some hours over US time.
Apply online https://www.outsourcingtoisrael.com/job-board/#!/3f5f51ad-92f4-4805-afaf-95b9e4a319c7/detail or email [email protected]
