Underwriter

HomeXpress Mortgage Corp•Tampa, FL

17d•$70,000 - $80,000•Onsite

About The Position

HomeXpress is seeking an Underwriter to join their growing team. As the Top Non-QM Lender in the Business, HomeXpress is known for closing mortgage loans with Speed, Ease, and Convenience. They are licensed in 46 States and provide brokers with a full suite of mortgage products, including VA, FHA, FNMA, & FHLMC. HomeX also offers a great company culture, tremendous growth opportunities, and competitive employee benefits. This role will involve clearing conditions, prepping loan files for underwriter review, assisting underwriters, verifying credit file completeness, calculating income, confirming qualified Change of Circumstances, repricing loans, and running reports. The ideal candidate will be capable of underwriting 3-4 new loans per day, reviewing conditions in a timely manner, and analyzing all areas of the mortgage loan application to ensure compliance with company, investor, and regulatory guidelines. This includes reviewing income documentation, calculating income, and reviewing assets to determine reserves and cash to close.

Requirements

Conforming and Non-QM Underwriting Guidelines
Strong verbal & written communications skills
Strong problem solving skills
Excellent interpersonal, customer service and organizational skills
High level math aptitude
Ability to move between tasks quickly is preferred; being able to respond to pressure situations easily and work productively in a fast paced, sometimes stressful environment.
Knowledge of Conventional loan products, underwriting procedures, creditor financial analysis techniques, investor requirements and escrow/title practices, as well as regulatory compliance laws as they apply to mortgage transactions.
Superior knowledge of personal computers and applicable software.
Wholesale Underwriting: 1 year (Required)
Non-QM: 2 years (Required)

Responsibilities

Clear conditions, including but not limited to credit and title conditions
Prep loan files for review by an Underwriter to determine eligibility within HomeXpress’ guidelines
Assisting Underwriters as needed to move pipeline in a forward trajectory
Verify completeness of credit file
Calculate income
Confirm qualified Change of Circumstances and reprice loans as needed
Run reports and interact with various third-party vendors
Capable of underwriting a minimum of 3-4 new loans per day.
Review conditions in a timely manner to remain in compliance with posted turn times.
Analyze all areas of the mortgage loan application; including credit, income, assets, collateral, and compliance documents to ensure loan meets company, investor and regulatory guidelines.
Review Income documentation and calculate income per investor and company guidelines.
Review Assets to determine reserves and cash to close per investor and company guidelines.