Leading national Wholesale Mortgage firm based in California with offices nationwide is in growth mode and seeking several talented, Sr. Level Wholesales Underwriters for immediate hire. These are 100% REMOTE positions where you will get the opportunity to work with a cohesive, talented team that is fun and fast-paced.
Top Reasons to Work with Us
Best in class compensation offered
Strong benefits, PTO, paid training and 401K match
Excellent growth opportunities offered for highly qualified and productive individuals
What You Will Be Doing
ESSENTIAL DUTIES AND RESPONSIBILITIES:
- Performs a thorough analysis to ensure the quality of each loan and to determine compliance with Company and Investor guidelines.
- Performs a thorough analysis of collateral to ensure property meets investor guidelines and the appraisal quality and completeness is acceptable.
- Applies and interprets company underwriting guidelines and makes sound credit decision.
- Completes credit, analysis of income, analysis of property, ensures proper audits are completed and verifies consistency of loan file information.
- Identifies risk factors within each loan and utilizes resources, tools and documentation to detect red flags and clear inconsistencies.
- Reviews and evaluates credit information on mortgage loan documents to determine acceptability for specific loan programs.
- Resolves and responds to post closing credit exceptions received from investors and auditors when required on loans underwritten.
- Maintains ongoing knowledge of investor guidelines, updates and trends as applicable to underwriting position.
- Completes second signature underwriting review on loan files underwritten by junior underwriters and within designated authority as needed.
- Performs other duties as assigned.
What You Need for this Position
- A thorough knowledge of mortgage loan underwriting.
- Maintains highly confidential information concerning loan applicants.
- Requires high level of organizational skills and ability to work on several tasks simultaneously.
- Constant contact with Loan Officers and internal office staff.
- Ability to handle detailed assignments.
EDUCATION, EXPERIENCE AND/OR LICENSES:
- 5+ years of mortgage underwriting work experience.
- FHA Direct Endorsement designation and/or VA SAR designation is a plus
- DU and LP experience required.
Wholesale Underwriters Apply now or send resume to **********
Applicants must be authorized to work in the U.S.
Preferred Skills
Underwriting
FHA
DU/LP
VA
Conventional