MFD Senior Underwriter

Pennymac • Carrollton, TX

14h • Remote

About The Position

The Senior Underwriter will be responsible for underwriting agency, jumbo, and FHA loans to established company and investor guidelines. As the Underwriter, you must be able to clearly communicate underwriting decisions and stipulations to sales, processing staff and Clients.

Requirements

• 2+ years experience at underwriting borrowers with complex financial and income statements
• 2+ years experience preparing cash flows on partnerships, s-corporations and corporations
• Experience working with automated loan origination systems
• Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Prospector
• Knowledge of mortgage lending laws and regulations

Responsibilities

• Review all mortgage applications and documentation for accuracy and completeness
• Perform a risk based review on all loans based on expected performance and ability to repay, aside from GSE or HUD specific requirements
• Input all required information into underwriting module accurately and within established time frames
• Compliance reviews that fall into the Underwriting purview must be accurately performed and escalated as required
• Perform other related duties as required and assigned
• Demonstrate behaviors which are aligned with the organization’s desired culture and values

Benefits

• Comprehensive Medical, Dental, and Vision
• Paid Time Off Programs including vacation, holidays, illness, and parental leave
• Wellness Programs, Employee Recognition Programs, and onsite gyms and cafe style dining (select locations)
• Retirement benefits, life insurance, 401k match, and tuition reimbursement
• Philanthropy Programs including matching gifts, volunteer grants, charitable grants and corporate sponsorships

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Education Level: No Education Listed
• Number of Employees: 501-1,000 employees