Job Description

*UPDATE: THE CLIENT IS NOW ONLY LOOKING FOR VA UNDERWRITERS.

JOB DESCRIPTION:

• Responsible for providing efficient, timely, consistent, accurate quality loan decisions on a daily basis.
• Underwrite loans that adhere to underwriting policy and procedures as well as adhere to the investor guidelines, policies and procedures.
• Additionally, responsible to answer questions, and assist with problem-solving with underwriting staff, respond to both internal and external QC audit findings in a timely and proficient manner.

SALARY STRUCTURE: Up to $115-$120K/year; paid hourly.

• BONUS: 10 files per week with $150/per file bonus currently but normally it's $70-$100/per file.
• SIGN-ON: $7500-15k; half on the first check, remainder at 90 days; 1-year retention

ESSENTIAL DUTIES AND RESPONSIBILITIES:

• Underwrite a minimum of 2 loans per day and complete outstanding conditions in a timely manner.
• Review file for accuracy and completeness according to the Underwriter Checklist, APMC guidelines, and investor/agency guidelines.
• Run files through Quality Control tools.
• Communicate effectively with processors and loan officers on the status of loan files and conditions.

QUALIFICATIONS/REQUIREMENTS:

• FHA EXPERIENCE PREFERRED, NOT REQUIRED
• VA EXPERIENCE REQUIRED
• The ideal candidate will have at least 3 years of underwriting experience with the above program designations.
• Strong coordination, organization, teaming, and communication abilities.
• Provide excellent customer service to both internal and external customers.
• Works well individually or in a group setting.
• Ability to manage time and priorities.
• Ability to work under pressure and time constraints.
• Ability to effectively communicate both verbally and in writing.
• Detail-oriented.
• Ability to analyze an issue and determine best approach for a solution.
• General experience and understanding of the following products:
  • Encompass 360 – Banker’s Edition
  • Mortgage Builder
  • Microsoft Word and Excel
  • Outlook
  • Internet navigation
• Authority to underwrite CONV and when designated authority is authorized, USDA and/or Jumbo products to APMC or investor guidelines
• Commitment to company values, policies and procedures
• Excellent interpersonal communication skills
• Customer Service – the ability to provide and maintain effective and positive communication
• Adaptability – an ability to quickly learn new or different techniques, products and computer programs
• Problem Solving – an ability to effectively analyze and resolve problems at a functional level
• This person must live our culture every day! (Respect, Transparency, Scrappy)
• Other duties as assigned