Us Mortgage Underwriters

JOB FUNCTIONS AND RESPONSIBILITIES
Review and analyze the mortgage loan application to ensure eligibility, accuracy, completeness, and compliance with internal and regulatory guidelines to minimize risk factors Review all required loan data, reports, and inspections to insure the collateral is acceptable to investor and the company
Responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company, and investor guidelines.
Provides final approval underwriting of mortgage loans – Conventional, Correspondent, FHA,VA, Reverse.
Completes all required paperwork and forms in a timely and accurate manner; prepares required forms
Sign off conditions in a timely manner set by management
Work with staff and management to find solutions on escalated loans. May be requested to make recommendations for improving Internal Audit's policies and practices
Manage loans by using all functions of Encompass
Effectively communicate underwriting decisions with processors and advisors
Maintain high level of customer service and communication with other departments
Other duties as assigned

EDUCATION / EXPERIENCE
Bachelor's degree or equivalent of fifteen years of education mandatory
Minimum of 1 years of experience in Mortgage Underwriting with thorough knowledge of Financial and nonfinancial supporting documentation, Income calculations, Asset/ Liabilities & Appraisal verification, Credit report review.
Knowledge about risk and compliance in Lending especially the FNMA & FHLMC Underwriting standards.
Knowledge about Underwriting procedures of Conventional, Correspondent Lending, Reverse mortgage, FHA, VA (Government loans) underwriting

WORK SCHEDULE OR TRAVEL REQUIREMENTS
Ready to do any shifts as per Business unit requirements
Ready to travel office for training and other as per Business unit requirements