Underwriter
Posted on :
08-06-2024
Employer Active
1 Vacancy
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Monthly Salary
Not Disclosed
Salary Not Disclosed
Vacancy
1 Vacancy
Posted on :
08-06-2024
Job Description
Job Overview:
The Conventional Underwriter reviews conditions and underwrites mortgage loans in accordance with established
policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.
Job Roles and Responsibilities:
Review and analyse the mortgage loan application to ensure eligibility accuracy completeness and
compliance with internal and regulatory guidelines to minimize risk factors.
Review all required loan data reports and inspections to insure the collateral is acceptable to investor
and the company.
Responsible for making independent decisions regarding acceptance and risk of loans according to
HUD company and investor guidelines.
Provides final approval underwriting of mortgage loans.
Completes all required paperwork and forms in a timely and accurate manner; prepares required forms.
Sign off conditions in a timely manner set by management.
Work with staff and management to find solutions on escalated loans.
May be requested to make recommendations for improving Internal Audit s policies and practices.
Manage loans by using all functions of Encompass.
Effectively communicate underwriting decisions with processors and advisors
Maintain high level of customer service and communication with other departments.
Other duties as assigned.
Qualification & Experience
Degree or Equivalent
Minimum 3 years of experience in conventional/govt end to end underwriting.
Wellversed with all 4C s of Underwriting (Asset Income Credit and Collateral
mortgage acceleration,calculations,underwriting
Employment Type
Full Time
Company Industry
Key Skills
- Loan Processing
- Computer Skills
- Fraud
- Math
- Banking
- Pricing
- Analysis Skills
- Fair Housing Regulations
- Underwriting
- Financial Analysis
- negotiation
- Phone Etiquette
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