Non-Delegated Mortgage Underwriter III
About The Position
A Non-Delegated Mortgage Underwriter III is responsible for underwriting conventional loans by reviewing the credit, capacity, and collateral characteristics of loan files to ensure it meets company and investor quality standards. This role involves managing an individual pipeline, completing underwriting reviews, conditions reviews, and other underwriting tasks within established turn times. The underwriter will identify document deficiencies, request additional information from clients, and interpret agency and company guidelines. They will also assist other department personnel, update loan statuses, and communicate with clients regarding outstanding conditions and deficiencies.
Requirements
- 5+ years mortgage industry experience.
- 3 years recent frontline underwriting experience preferred in a wholesale or retail lending environment.
- Ability to communicate effectively and professionally.
- Basic proficiency in Microsoft Office products (Excel, Word, etc.).
- Loan quality and risk management a must.
- Knowledge of FNMA and FHLMC guidelines.
- Proficiency with automated underwriting systems such as Desktop Underwriter and Loan Product Advisor.
- Excellent Customer/Client service skills.
- Ability to work in a fast paced production environment.
- Self-starter, self-reliant, dependable, ability to work within and meet specific time constraints.
- Excellent written and verbal communication skills.
- Prioritization and Time Management skills.
- Ability to learn and adapt to guideline changes.
Nice To Haves
- Encompass LOS experience preferred.
- Project management experience.
- College degree preferred but not required.
Responsibilities
- Underwriting conventional loans by reviewing credit, capacity, and collateral characteristics.
- Ensuring loan files meet company and investor quality standards.
- Managing individual pipeline on a daily basis.
- Completing Conventional loans, simple and complex Underwriting Reviews, Conditions Reviews and other Underwriting Tasks within established turn times.
- Identifying document deficiencies and requesting additional information and/or documentation from Clients as needed.
- Navigating and interpreting all agency and company guidelines.
- Assisting other department personnel in interpreting underwriting guidelines.
- Updating loan status and completing all necessary tasks assigned to loan.
- Contacting clients to provide updates and clarification on outstanding conditions and deficiencies identified on loans.
- Performing other duties as assigned.
Benefits
- Competitive salaries
- Ownership stake in the company
- Medical and dental insurance
- Time off
- 401k matching program
- Tuition assistance program
- Employee volunteer program
- Wellness program
- Opportunity to bolster business knowledge
- Learning the ins and outs of how successful companies operate and manage their finances
- Invaluable hands-on experience to help grow your career
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Education Level
No Education Listed
