DE/SAR Underwriter

Position Highlights

• Determine home buyer’s ability to qualify for a mortgage loan
• Understand investor and agency guidelines
• Review and verify critical documents
• Delegate underwriting responsibilities for conventional and government agencies
• Display strong desire for customer service, teamwork, communication, organization, and detail orientation

Position Responsibilities

• Ensure loan applications are complete and compare data with actual documentation
• Calculate income from complex financial documents
• Run automated underwriting systems as applicable
• Disposition documents for acceptability or rejection based on loan conditions
• Facilitate loan restructuring when necessary
• Communicate with internal parties related to the transaction
• Manage pipeline deadlines to meet escrow deadlines
• Maintain updated communication logs or status reports
• Attend departmental meetings
• Adhere to regulatory guidelines and quality control metrics
• Meet minimum production requirements for new loan files and resubmission/condition reviews

Qualifications

• DE/SAR required
• High school diploma or equivalent
• Minimum 5-7 years experience with conventional and government underwriting of two or more agencies (VA, FHA, USDA); purchase/builder business preferred
• MS Office experience, including Outlook, Word, and Excel
• Encompass LOS experience preferred
• Pass CAIVRS acceptability

Core Competencies

• Excellent verbal and written communication skills
• Strong attention to detail
• Outstanding interpersonal and customer service skills
• Strong organizational skills
• Ability to multi-task and meet deadlines
• Strong knowledge of underwriting guidelines - Fannie Mae/Freddie Mac plus FHA and VA as well as investor-specific guidelines as applicable
• Strong regulatory knowledge, including ECOA, HMDA, RESPA, and other applicable federal or state-specific guidelines
• Strong time management skills including the ability to work under fast-paced, sometimes tight deadlines