Government Senior Underwriter

A&D Mortgage • Troy, MI

8d

About The Position

AD Mortgage is a leading nationwide mortgage lender with over 20 years of experience delivering residential and commercial loan solutions. With a team of 500+ professionals across the U.S., we proudly provide A+++ service in more than 45 states. Our success is driven by innovation, collaboration, and a commitment to excellence.

Requirements

• Knowledge of FHA, VA, and USDA guidelines is a must, including thorough knowledge of the 4000.1 HUD Handbook and VA Lender’s Handbook.
• Direct Endorsement (DE) is a must, and LAPP/SAR certifications are preferred.
• Knowledge of Ginnie Mae, Fannie Mae, and Freddie Mac is a must.
• Intermediate knowledge in Microsoft Word, Excel, Outlook, DocMagic, and Adobe
• Expert knowledge of conventional and government loan underwriting and selling guidelines (e.g. Ginnie Mae, Fannie Mae, Freddie Mac, FHA, VA, etc.)
• Exceptional customer service
• Excellent attention to detail
• Ability to communicate effectively with all levels
• Ability to positively project the Company and department

Nice To Haves

• Wholesale / Correspondent experience is preferred
• Non-QM experience is preferred.

Responsibilities

• Reviews all items and conditions provided by borrowers and ensures they meet the required guidelines by utilizing internal and external (e.g., agency) policies and procedures [e.g., automated underwriting systems such as Desktop Underwriter (DU)]
• Ensures that Company operating standards are met for underwriting and compliance by utilizing internal and external (e.g., agency) policies and procedures
• Reviews applications and all pertinent disclosures to ensure compliance with all Federal, State, and investor requirements are met and upheld
• Monitors property appraisal process to ensure the value of a property is accurately presented
• Analyzes documentation such as credit, income, assets, and appraisals to make sound underwriting decisions based on this analysis by using an internal checklist
• Analyze loan applications to identify any risk issues and/or potential misrepresentation.
• Reviews documentation and ensures documents are properly classified and organized
• Makes quality underwriting decisions while maintaining Company turn-time expectations
• Reviews and clears conditions on all loans to ensure a complete loan package prior to closing
• Utilizes proprietary and online tools [e.g. WebLGY, FHA Connection, Mortgage Electronic Registration System (MERS), AVM’s, etc.] to help combat fraudulent activity and ensure quality loan decisions
• Have the ability to rework loans to new terms and identify additional conditions as needed.
• Must be able to provide quick and accurate answers on multiple loan project guidelines.
• Engages specific strategies (e.g., determines appropriate individuals to resolve escalated customer issues, etc.) to resolve customer questions and concerns
• Continually reviews underwriting environment, and suggests improvement opportunities to management
• Acts as a recognized subject matter expert within the Company and partners with management on underwriting-related issues by providing analytical support, and counseling advice for their functional areas

Benefits

• Comprehensive benefits package including PTO, sick days, paid volunteer hours, medical, dental, vision insurance, and 401(k).
• Inclusive, supportive company culture where you are not a number, but a voice that's heard and brings value.
• Defined paid training and clear pathways for career development.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed
• Number of Employees: 251-500 employees