Insuring Reviewer

New American Funding • ,

3h • Hybrid

About The Position

The FHA Insuring Reviewer is responsible for performing a detailed post-closing analysis of closed FHA loan packages to determine compliance with FHA program guidelines, and audit FHA loan files for self-insuring purposes of loans in FHA Connection. Validate loan level data within the Encompass360 LOS and FHA Connection to ensure that loans are free of deficiencies prior to insuring the loan online. The reviewer is also responsible for preparing physical case binders for any loans that are selected for full audits by FHA/HUD, and as well as reviewing and resolving any post-endorsement requests.

Requirements

• Experience insuring and auditing FHA loans.
• Knowledge of mortgage loan documentation and the government insuring processes.
• Demonstrated ability to prioritize tasks and manage time wisely.
• Ability to work independently, analyzes data, take and recommend appropriate actions with minimal supervision.
• Superior analytical, organizational and problem solving abilities.
• Resolution oriented with the ability to work in a team environment.
• Ability to work successfully in a fast-paced, high-pressure environment.
• Excellent written and oral communication and customer service skills.
• Ability to read and interpret documents such as safety rules, operating and maintenance instructions, and procedure manuals.
• Ability to write routine reports and correspondence.
• Ability to speak effectively before groups of customers or employees of organization.
• Ability to calculate figures and amounts such as discounts, interest, commissions, proportions, percentages, area, circumference, and volume.
• Ability to apply concepts of basic algebra and geometry.
• Ability to apply common sense understanding to carry out instructions furnished in written, oral, or diagram form.
• Ability to deal with problems involving several concrete variables in standardized situations.
• Knowledge of MS Word word-processing software; MS Excel spreadsheet software and Internet Explorer, MS Outlook internet software.
• Must be able to verify identity and employment eligibility to work in the U.S.

Nice To Haves

• If living within 31 miles of Santa Ana, CA or Austin, TX will need to be able to work 4 days on-site

Responsibilities

• Review, remit and insure FHA loan files.
• Perform a detailed post-closing analysis of closed FHA loan packages to determine compliance with FHA program guidelines.
• Validate loan level data within the Encompass360 LOS and FHA Connection to ensure that loans are free of deficiencies prior to insuring the loan online.
• Audit FHA loan files by using prior knowledge and utilizing an LI checklist, as to ensure Lender Insuring (LI) ability of each file.
• Enter FHA loan data in FHA Connection.
• Review and resolve any post-endorsement issues.
• Respond to requests for and prepare FHA case binders for any loan files that are selected for full audit by FHA/HUD.
• Perform other general post-closing functions as needed.
• Other duties may be assigned.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: High school or GED