Condo Underwriter

About the role

The Condo Underwriter is responsible for accurately analyzing all condominium project documentation and assist in rendering a decision based on salability to the applicable Agency and UHM guidelines.

Responsibilities

• Research and utilize the most current guidelines for all agencies such as FNMA, FHLMC, GNMA, and RD as well as UHM guidelines when reviewing condominium documentation for approval consideration.
• Review Appraisals to assure they meet Agency property standards as well as condo project requirements as applicable.
• Maintain and update approval lists and recertification of all condominiums.
• Develop and maintain this department, its training and assistance across all channels of business.
• Monitor, respond and resolve Condo Tickets in the Condo Fresh-Desk within Department's SLA.
• Maintain all required turn times. Current turn times for complete reviews on Condos are 24-48hrs.
• Update & Maintain Policies and Procedures with current agency changes.

Qualifications

• Bachelor's degree preferred or equivalent work experience in a financial or analytical field.
• Knowledge/Experience in the review of property types, appraisal reviews and financial statements.

Skills

• Strong attention to organization, detail and accuracy
• Proficiency in Microsoft Applications, including Excel and loan origination systems
• Demonstrate highest level of professionalism and customer service
• Effective interpersonal skills and technical report writing skills
• Experience with FHA/VA/Conventional Agency loans
• Shows work commitment
• Personal organization
• Adaptability and flexibility
• Ability to multi-task and meet strict deadlines
• Fosters teamwork
• Uses sound judgment
• Comfortable using financial/quantitative data