DE/SAR Underwriter

What You’ll Do

• Diligently review credit, income, and assets documentation to determine the borrower’s creditworthiness and repayment ability.
• Review property appraisal reports ensuring the value of the property is accurately presented.
• Review more complex loans, including but not limited to self-employed borrowers.
• Analyze business tax returns and calculate qualifying income.
• Follow AUS findings as well as manually underwrite loans.
• Leverage knowledge of loan products and offer alternative financing options on eligible loans that cannot be approved as submitted.
• Provide clear, concise, and appropriate conditioning of loans when rendering decisions.
• Review items that are a variation of the actual condition required to determine if the acceptance of this condition will be acceptable to the investor.
• Mentor processing staff on underwriting deficiencies and calculation errors.
• Ensure quality control standards are met so the company can sell the loan.
• Works collaboratively with team members (i.e., loan officers, loan processors, closing, post-closing, etc.) to drive quality deals to successful funding.
• Keep updated on agency/non-agency guidelines and internal policy and procedures.
• Underwrite 2-3 new files a day in addition to reviewing files for conditions and clear to close.
• Perform other duties as needed or assigned.

About the Role

This is a remote position and can sit in any state that Inspire is in: CA, SC, NC, CO, ID, FL, TX, AZ, NV, GA, MI, TN, UT.

Qualifications

• Thorough knowledge of loan origination systems, Encompass, a plus.
• Extensive knowledge of FHA, VA, and investor guidelines.
• Prior experience working in a fast-paced, high-volume environment.
• Proficiency in Microsoft Office products such as Word, Excel, and Outlook.
• Organized, attention to detail, time-sensitive and dependable.
• Strong communication skills, verbal and written.
• Ability to work hours above 40 hours/week during peak volume.

Requirements

• A high school diploma or equivalent is required.
• A college degree is preferred.
• Previous underwriting experience required, preferably 5+ years of experience with conventional and government loans.
• DE & SAR certification required.
• Familiarity with builder loans is preferred.

Benefits

• Team members enjoy an excellent benefits package that includes medical, dental, vision, 401(k) with employer match, paid time off, and sick leave, plus home and mortgage discounts.
• We also offer competitive salaries with the potential for discretionary bonuses and/or commission structure (depending on the position).

Skills

• Thorough knowledge of loan origination systems, Encompass, a plus.
• Extensive knowledge of FHA, VA, and investor guidelines.
• Proficiency in Microsoft Office products such as Word, Excel, and Outlook.
• Organized, attention to detail, time-sensitive and dependable.
• Strong communication skills, verbal and written.
• Ability to work hours above 40 hours/week during peak volume.

Pay

Competitive salaries with the potential for discretionary bonuses and/or commission structure (depending on the position).

Schedule

Works collaboratively with team members (i.e., loan officers, loan processors, closing, post-closing, etc.) to drive quality deals to successful funding.