Description

What you'll do:

• Diligently review credit, income and assets documentation to determine borrower’s credit worthiness and repayment ability.
• Review property appraisal report to ensure value of property is accurately presented.
• Review more complex loans, including but not limited to self-employed borrowers. Analyze business tax returns and calculate qualifying income.
• Able to follow AUS findings as well as manually underwrite loans.
• Leverage knowledge of loan products and offer alternative financing options on eligible loans that are unable to be approved as submitted.
• Clear, concise and appropriate conditioning of loans when rendering decisions.
• Reviews items that are a variation of the actual condition required to determine if the acceptance of this condition will be acceptable to the investor.
• Mentor processing staff on underwriting deficiencies and calculation errors.
• Ensures quality control standards are met so company is able to sell loan.
• Works collaboratively with team members (i.e. loan officers, loan processors, closing, post-closing, etc) to drive quality deals to successful funding;
• Keep up to date on agency/non-agency guidelines and internal policy and procedures.
• Underwrite 2-3 new files a day in addition to reviewing files for conditions and clear to close.

• Previous underwriting experience required; preferably 5+ years of experience with conventional loans.
• DE/LAPP/SAR required.
• Thorough knowledge of loan origination systems, Encompass, a plus.
• Familiarity with builder loans, preferred.
• Extensive knowledge of investor guidelines.
• Prior experience working in a fast paced, high volume environment.
• Proficiency in Microsoft Office products such as Word, Excel, and Outlook
• Organized, attention to details, time-sensitive and dependable