Senior Direct Endorsement Residential Underwriter

Essential Functions

• Communicate with customers, realtors, title companies, attorneys, and settlement agents to schedule closings, respond to inquiries, resolve issues, and obtain any documentation required to complete the loan file
• Interact with Mortgage Loan Originators, Loan Production Assistants and other team members on a daily basis to resolve questions/issues, and ensure timely underwriting of loan files
• Manage a pipeline of working loan files to ensure loans are underwritten in a timely manner
• Maintain current knowledge of mortgage loan programs, procedures, and guidelines
• Use Northwest’s loan origination systems and agency automated underwriting systems (Freddie Mac – Loan Product Advisor, USDA Guaranteed Underwriting System) to underwrite residential mortgage loans
• Review and analyze documentation submitted and used in underwriting decisions for accuracy and completeness
• Ensure data relating to the underwriting of loans in accurate and complete in the loan origination system
• Review and analyze appraisal reports and title commitments to verify sufficient collateral and proper lien position to secure loans
• Maintain loan approval authority for all residential mortgage loan products offered by Northwest (conventional, portfolio, FHA, VA, USDA)
• Check accuracy of all calculations
• Recommend improvements to procedures
• Manage personal workload/workflow
• Meet turnaround/production goals
• Ensure compliance with Northwest’s policies and procedures, and Federal/State regulations

Qualifications

• Bachelor's Degree preferred
• 3 - 5 years experience as DE Underwriter preferred
• 5 - 6 years experience underwriting conventional loans, 3 years’ experience underwriting VA and USDA Rural Housing Loans preferred
• Working knowledge of residential mortgage loan products
• Working knowledge of Ellie Mae – Encompass loan origination software, Freddie Mac – Loan Product Advisor, USDA – Guaranteed Underwriting System (GUS), FHA Connection preferred
• Strong analytical and mathematical skills with the ability to define and solve problems, establish facts and make well-reasoned decisions
• Excellent verbal and written communication skills with the ability to work closely with other team members is needed
• Proficient organizational and multi-tasking skills with attention to detail, accuracy, and thoroughness a plus
• The ability to work independently in a fast-paced high production environment under time constraints and to work collaboratively in a team environment managing multiple deadlines and priorities preferred