Mortgage Underwriter / Underwriter Manager
Description
National mortgage operation located in Baltimore, Maryland has openings for residential Mortgage Underwriters and a Underwriter Manager.
Requirements
Mortgage Loan Underwriter:
Validate the data integrity of all the loan files in coordination with the investor, MI and company guidelines
Ensure validity of AUS decision by verifying accuracy of data
Analyze and decision all supporting documentation
Review and ensure transaction complies with investor and product parameters
Ensure that loan meet investor (FHA, FHLMC, FNMA, VA) and compliance guidelines
Make appropriate suggestions as to solutions and alternatives to resolve loan challenges
Maintain proper pipeline management to meet standard underwriting timelines
Update LOS with current loan data and loan status in a timely manner and accurate manner
Approval authority for FHA and VA loans (if applicable)
Requirements:
Minimum of 5 years of underwriting experience
Familiarity with data system UNIFI (if applicable)
Salary History
Please provide
Underwriting Manager:Â
Underwrite loans to applicable guidelines (FHA, FHLMC, FNMA, VA, and other investor guidelines)
Approval authority for FHA and VA loans
Responsible for training and development of the team, as well as a constant communication of all investor and company policy updates
Training, policy implementation, performance review, and quality if work completed by the underwriters
Provide staff with ongoing training to ensure that all work flow processes, pipelines and tasks are completed in a timely manner and that the staff is meeting all the required job performance expectations
Review all loans prior to closing to insure the loans quality and marketability
Entrusted with final sign-off authority on all loans
Provide superior support to internal and external customer
Complete second level review for all loans recommended for denial
Accurately communicate loan decisions to all appropriate parties
Assist in the training of processing, origination, closing, post closing and quality review
Responsible for the approval of exception requests
Work with business partners to constantly strive to establish more efficient program and procedures
Ensure that fraud and OFAC procedures were adhered
Requirements:
Minimum of 7 years of underwriting experience
Minimum of 3 years of management experience
Familiarity with data system UNIFI (if applicable)
Salary History
Please provide
Tags: Banking, mortgage, underwriter, underwriting, underwriting jobs
