Mortgage Underwriter

Published
December 30, 2020
Location
Indianapolis, IN
Category
Job Type

Description

This Jobot Job is hosted by: Virgilio Sindayen
Are you a fit? Easy Apply now by clicking the "Apply on company site" button and sending us your resume.
Salary: $60,000 - $90,000 per year

A bit about us:

Independent and family-owned, we’re a local full-service financial products provider leveraging the latest technology to help homebuyers save money and close on time, every time.

We invest in our people, we value our partners, and we keep our clients happy. We tell our employees, our referral partners, and our borrowers with confidence that they can always count on us.

Why join us?

The company has been named a Top Employer three years in a row, Top Lender and its loan officers and operational staff have been recognized for excellence both in Illinois and nationally. Our loan officers combine industry-leading technology and operational excellence with in-house underwriting capabilities and a wide variety of financial products to ensure homebuyers get a loan that fits their unique situation and close on time, every time.

Job Details

Description
The Underwriter role analyzes loan transactions and documentation to determine credit quality and conformance with mortgage secondary market standards. Reviews investor programs and guidelines to provide operating guidelines for successful origination and sale of loans.

Essential duties:

Review and evaluate real estate appraisals and underwrites mortgage loans on a daily basis.
Analyze the credit, income, and personal assets of loan applicants.
Underwrite conventional, FHA, and VA first mortgages as well as second mortgages and HELOCs in conformance with investor requirements, as well as the company's policies and procedures.
Provide support to processors and loan officers in structuring deals.
Responsible for the accurate input of credit decisions into the LOS.
Clarify risk by requesting additional information when necessary.
The ability to multi-task in a fast paced environment.
Ability to work with multiple secondary investor guidelines.
Ability to work in a paperless environment.
Requirements
Minimum of 5 years mortgage underwriting experience required.
Direct Endorsement status preferred
SAR Approval a plus (not necessary); SAR training available for a qualified candidate
Two consecutive years of solid FHA underwriting experience
Experience with POS approval processes using LP, DO/DU and other AUS
Knowledge of FNMA/FHLMC guidelines and standards
Familiarity with industry quality control standards and fraud detection methods
Proficient computer skills including Microsoft Word, Excel and Outlook
Excellent people skills
Excellent verbal and written skills required
Exceptional attention to detail and strong organizational skills
Has the ability to work well under quick timelines
Has the ability to utilize various systems and reporting methods and to work with various units within the mortgage company

Benefits
Medical
Dental
Vision
401k
PTO
VTO

Interested in hearing more? Easy Apply now by clicking the "Apply on company site" button.

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