Underwriter, Senior

AMERICAN HERITAGE LENDING LLC

14d•Remote

About The Position

American Heritage Lending, LLC located in Irvine CA is looking for a Senior Underwriter. Established in 2008, the company was founded to be a company set apart from an already impacted market. Licensed in multiple states across the US, the premise of our company evolved into the pinnacle for our success - creating a caring experience for the families we service across the nation. The Underwriter evaluates and determines a credit decision and the eligibility of loan applications. Exercising sound independent judgment based on detailed analysis, the Underwriter is responsible for analyzing and verifying loan applications, evaluating risk, and making loan eligibility decisions ensuring that all documentation follows the relevant regulations.

Requirements

5+ years’ experience as a Certified Underwriter
5+ years’ experience mortgage loan processing proficiency
2+ years’ experience in Non-QM Underwriting
Bachelor’s Degree in business, banking, finance or a related field
A proven track record of processing a minimum of 3 to 5 new files per day and conditioning a minimum of 4 to 6 files per day.
Experience must include hands-on responsibility for the full scope underwriting activities, both operations and analysis.

Responsibilities

Manually reviews loan application, loan documents and third-party documents (i.e.,appraisal,title, flood, fraud) to determine a credit decision on Non-QM Programs.
Reviews Borrowers’ conditions and third-party documents for loan programs that have an automated underwriting decision.
Reviews DU verification messages/approval conditions. Verifying the accuracy and integrity of all loan data entered into the system.
Calculates income, reviews assets and liabilities.
Documents all loan exceptions and compensating factors.
Maintains knowledge of all policies and modifications to the guidelines and standards of the Company, federal housing programs, investors, and private mortgage insurers.
Updates loan application information within loan origination software and other applications.
Analyzes documentation collected to ensure it meets guidelines or if other documentation is needed; ensures loan application follows underwriting, investor, RESPA, and HMDA guidelines.
Identifies Changes in Loan to ensure appropriate disclosures are provided to the Borrower in a timely manner.
Completes HMDA Data and Denial Letters for ineligible loans.
Documents and effectively communicates reasons for approval/rejection of loans