Senior Government Underwriter – Remote (Must Reside in Hawaii)

Freedom Mortgage

2d•Remote

About The Position

The Underwriter, Govt Sr underwrites residential loans ensuring compliance with appropriate company, secondary market investor standards and all applicable laws. The Underwriter will be responsible for examining loan documentation for accuracy and completeness; is involved in one or several types of mortgage lending including but not limited to conventional, FHA and VA loans. Must be able to underwrite loans within the company and industry guidelines. The Underwriter will also be working with Loan Originators, Branch Managers and Processors to secure all required documents.

Requirements

Appraisal review and tax return analysis skills required
Prior credit signing authority a plus
Experience with repurchase response and/or rebuttal review and preparation
Secondary market experience a plus
Understanding of TILA, RESPA and Predatory Lending
Strong analytical and decision making/problem solving skills
Possess a keen eye for accuracy, attention to detail and ability to handle a high volume work load
Excellent interpersonal, organizational, prioritization and time management skills
Proficient in computers including LOS systems, Microsoft Office and Excel.
Ability to adapt/ learn/utilize multiple software programs.
Experience with paperless environment preferred.
Ability to type/use a keyboard with sufficient speed to meet job demands
Ability to deliver effective results and to meet deadlines with minimal supervision
Self-starter, adapt to a changing environment and have the ability to communicate and work well with Investors and co-workers
Possess clear, concise and effective written and oral communication skills
Professional demeanor in appearance, interpersonal relations, work ethic and attitude
High School Diploma or GED Required
Minimum 5 years of current frontline mortgage Underwriting required
Ability to read and comprehend instructions, correspondence, memos, and work place policies.
Ability to analyze, interpret general business periodicals, professional journals, procedures and governmental regulations.
Ability to write professional correspondences.
Ability to write routine business reports.
Ability to speak effectively with other employees and/or customers.
Ability to present formal information in one-on-one and small group situations to customers, students, parents and/or other employees.
Ability to present information and respond to questions from groups of administrators, managers, employees, customers and/or the general public.
Ability to work with mathematical concepts such as probability and statistical inference, and fundamentals of plane and solid geometry and trigonometry.
Ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.
Ability to carry out detailed written and/or verbal instructions.
Ability to solve problems involving concrete variables in standardized situations.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
ACTIVE CHUMS ID REQUIRED.
DE, VA LAPP AND SARS DESIGNATIONS REQUIRED
Anticipates customer needs and regularly motivates or influences others to deliver customer service excellence.
May troubleshoot highly sensitive or confidential issues.
Personally ensures problem resolution.
Identifies barriers to effective customer service and sets customer service standards.
Establishes a customer feedback system and holds self-accountable for customer service excellence within the department.

Nice To Haves

BA or BS preferred

Responsibilities

Underwrites Conventional, FHA, VA and Special Program loans to verify for completeness, accuracy, and compliance
Develops and maintains an up to date and sound knowledge of multiple loan product guidelines offered by the company, DU/LP guidelines, and risk assessment tools used to decision mortgage loans
Reworks loans to new terms, identifies additional conditions as needed to insure a viable credit decision
Reviews and evaluates borrower(s) profile including but not limited to all income documentation, tax returns, credit reports, preliminary report, judgments, bankruptcy documents and appraisals
Analyzes and calculates income documentation such as personal and business income statements and ensures all necessary documentation is requested to support final loan decisions
Exercises good judgment, conducts reasonableness tests and issues quality decisions
Determines accuracy and completeness of files; ensures processes are consistent
Demonstrates proficiency in automated underwriting systems (DU, LP)
Maintains a sound knowledge of secondary market activity, practices, and business/industry practices as they impact underwriting quality and origination activity
Maintains pre-established service level standard of decisions within a 48-hour time frame set by the company
Communicates regularly with sales team, processors and management
Assists in the preparation of repurchase responses and/or rebuttal reviews
Ability to function in an ever-changing environment and work across all business channels in Underwriting (Retail/CC/Wholesale) as needed
Maintain regular and punctual attendance
Performs other related duties as assigned.