ESSENTIAL JOB FUNCTIONS
Underwrites mortgage loan files in compliance with Client’s underwriting guidelines and state and federal reporting guidelines (including RESPA, HMDA, and HOEPA Section 32).
Strictly adheres to specified underwriting guidelines to fulfill FHA, VA, and agency loans.
Verifies all documentation associated with mortgage originations including but not limited to: income, asset, credit, appraisal and title information.
Effectively communicates required conditions to the production staff and assists where possible to expedite final approval of the file.
Promptly and accurately reviews files within specified timelines to issue pre-approvals and final approvals.
Ensures accurate pricing within established guidelines.
Ensures accuracy between file, LOS (TMO) and final AUS findings.
Ensures that appraisal and title insurance are provided by an approved vendor.
Responsible for meeting productivity, TAT and Quality Control goals as required by management.
EDUCATION / EXPERIENCE REQUIREMENTS
Graduation from a 4-year college or university with major course work in a discipline related to the requirements of the position is preferred. Will consider the equivalent combination of job experience & education that demonstrates the ability to perform the essential functions of this job.
Minimum of 3-5 years of prime underwriting experience, including FHA,VA and agency products.
VA: LAPP / SAR preferred
Experience with DU system or comparable is required.
List any special certifications, licenses, and/or knowledge requirements for this job:
FHA: Direct Endorsement – DE Certified preferred
