Underwriter

Nova Home Loans•Peoria, AZ

10d•Hybrid

About The Position

We are seeking an experienced Mortgage Underwriter to join our team and help drive excellence in loan quality and customer service. This role is ideal for a seasoned underwriter with at least 10 years of experience, including active FHA DE and VA SAR/LAPP credentials, and deep familiarity with DPA programs. This position offers a hybrid schedule with two remote workdays and three in-office days each week. As part of our underwriting team, you will evaluate complex Conventional and Government mortgage loan applications to ensure compliance with NOVA, agency, investor, and MI guidelines. You'll bring strong analytical skills, attention to detail, and a commitment to maintaining high quality and productivity standards.

Requirements

Minimum of 10 years of mortgage underwriting experience.
Active FHA Direct Endorsement (DE) and VA SAR/LAPP credentials required.
At least 5 years of experience underwriting loans involving Down Payment Assistance (DPA) programs.
Strong knowledge of applicable federal, state, and local laws, rules, and regulations to ensure full compliance.
Proven ability to maintain strict confidentiality with sensitive information.
Proficient in Microsoft Office Suite, including Word, Excel, and Outlook.
Exceptional attention to detail, with a strong sense of urgency and commitment to quality.
Excellent written and verbal communication skills.
Advanced analytical, organizational, and problem-solving skills.
Ability to thrive in a fast-paced environment, manage pressure effectively, and meet time-sensitive deadlines while maintaining professionalism.
Self-motivated and able to work independently as well as collaboratively within a team setting.
Capable of analyzing complex data and making sound recommendations with minimal supervision.

Nice To Haves

USDA underwriting experience preferred.

Responsibilities

Review and evaluate mortgage loan applications to ensure compliance with NOVA, investor, mortgage insurance (MI), agency, and all applicable guidelines within established service standards.
Underwrite both Government and Conventional loan products.
Provide guidance and respond to inquiries regarding underwriting issues and concerns from internal stakeholders.
Analyze complex personal and business tax returns to accurately calculate qualifying income.
Assess borrower eligibility, property eligibility, and credit qualifications for complex financial profiles, non-standard collateral, and unique loan structures.
Consistently meet or exceed quality and productivity standards as established by management.
Clearly communicate underwriting decisions and conditions to internal and external customers, both verbally and in writing.
Ensure adherence to NOVA’s quality standards throughout the underwriting process.
Perform additional duties and projects as assigned.