
Senior Mortgage Analyst Position
2 days ago
Job Overview:
We are seeking a highly skilled Mortgage Underwriter to support our organization. This key position requires extensive experience in mortgage underwriting, processing, and/or quality control.
Key Responsibilities:
- Complete thorough credit re-underwrites on all loan files based on Automated Underwriting System (AUS) findings or manual loan approvals.
- Analyze property appraisals to determine if value is supported and the property meets eligibility requirements.
- Evaluate borrower income sources and debt load, calculating the debt-to-income ratio.
- Determine if loan elements meet investor guidelines and ensure compliance with relevant regulations.
- Review closing documents and disclosures for accuracy.
- Perform High Cost, Annual Percentage Rate (APR), Amount Financed, and State Predatory tests within the Compliance Review system.
- Comment on loan inaccuracies, deficiencies, and missing items.
- Assign loan level defects based on severity and type of deficiency.
Required Skills and Qualifications:
- A minimum of 1-5 years' experience in mortgage underwriting, processing, and/or quality control.
- Bachelor's degree in business or a related field; or equivalent work experience.
- Knowledge of lending compliance, including the Truth-in-Lending Act (TILA) and Real Estate Settlement Procedures Act (RESPA), is highly desired.
What We Offer:
This role provides an opportunity to work in a dynamic environment and contribute to the success of our organization. If you are a motivated and detail-oriented individual with excellent analytical skills, we encourage you to apply.
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