DE Underwriter IV

Responsibilities

• Completes a thorough analysis of loan files to determine compliance with company, investor, and FHA/VA guidelines.
• Underwrites the entire credit package and collateral for residential mortgage loans and ensures an “investment” quality loan product.
• Checks accuracy of all calculations and data integrity.
• Completion of all required underwriting worksheets found in Fast Trac 360 Resource Center.
• Aids in the training of new underwriters.
• Recommends the loan disposition to underwriting manager for loan amounts in excess of authority limitation.
• Maintains company standard for Underwriter productivity level, and complies with company policy of 48 hour underwriting turnaround time and 24 hour turnaround time for clearing conditions.
• Strives to meet 3 Underwriting decisions/day within allotted time.
• Communicates decision on loans to appropriate parties both verbally and in writing.
• Maintains underwriting activity logs and provides monthly underwriting report to underwriting manager.
• Available to processors and correspondents for general Underwriter guideline interpretations and questions on specific loan files.
• Responds to post closing reviews and audits in a timely fashion.
• Performs related duties, as directed by Underwriter or Operations Manager.

Qualifications

• Minimum three years of mortgage underwriting experience, with solid working knowledge of underwriting guidelines.
• Experience Underwriting private investor and private mortgage insurance guidelines.
• Strong interpersonal-communication and business-relationship skills.
• Detail oriented with strong organizational and follow-through skills.
• Excellent analytical, written communication and verbal communication skills.
• Techonlogically proficient.
• Bachelor’s degree in related field or equivalent professional experience.

Pay

Min USD $85,000.00/Yr. Max USD $105,000.00/Yr.