Job Description
We are seeking an Underwriter who is bright, motivated, seeks to maximize their income, and thrives in a high production environment.
Responsibilities:
- Evaluate loan applications to verify that all data is complete and meets standards.
- Process loans from set-up to closing by verifying, compiling, and entering borrower information into loan processing systems.
- Interact with Loan Originators to obtain information from the borrowers or to seek clarification about documents in the loan files.
- Work with Loan Originators to determine product suitability and communicate changes to Loan Originator.
- Order & verify and analyze loan documentation, including income, credit, appraisal, title, and verification while maintaining strict compliance with all applicable federal and state regulations.
- Record data to track the status of loans in processing.
- Inform management of discrepancies in files.
- Contact borrowers or Loan Originators to collect required documentation and be a liaison between origination staff, investors and borrowers.
- Submit loan application files to investors for approval, and create and email approval or denial letters to applicants.
- Submit approved mortgage loan files to closing for settlement.
- Compile financial and other needed data to complete the loan file.
- Obtain documentation needed to clear conditions, if required.
- Prioritize workflow so loans close on time.
- Communicate with the title companies, AMC’s, attorneys, and other parties as required.
- Provide excellent customer service to borrowers, Loan Originator, vendors, and other interested parties.
- Direct client to Loan Originator or other licensed employee to clarify and or answer any questions.
- Record data on the status of loans, including the number of new applications and loans, approved, canceled or denied.
Qualifications:
- Minimum of 2 years of mortgage loan processing experience.
- Excellent communication skills.
- Excellent attention to detail and multi-tasking ability.
- Must be self-motivated.
Job type:
Full-time
Compensation:
Base Salary + Performance Bonus + Benefits.
Benefits:
- 401(k) Retirement.
- Health, Dental, Disability, LTD & Vision.