Mortgage Underwriter
4 weeks ago
Job Brief
We are seeking a highly skilled Mortgage Underwriter to play a pivotal role in determining the eligibility of loan applicants and authorizing purchases through re-underwrites for lenders. Your responsibilities will include analyzing and verifying loan applications, evaluating financial risks, and making final decisions on eligibility.
Key Responsibilities:
- Conduct thorough risk analysis of loan files to ensure compliance with industry standards and regulatory requirements.
- Evaluate loan risk through the verification of loan applications, considering factors such as creditworthiness, income, and asset verification.
- Collaborate with a team of financial experts to ensure accurate and timely loan decisions.
- Stay up-to-date with industry standards, guidelines, and regulatory changes to ensure compliance and optimal loan outcomes.
- Communicate effectively with loan applicants, lenders, and internal stakeholders to ensure seamless loan processing.
Requirements:
- Graduate degree in a relevant field or equivalent experience.
- At least 2-5 years of experience in mortgage underwriting or a related field.
- Strong knowledge of Fannie Mae, Freddie Mac, FHA, and VA guidelines.
- Excellent analytical, problem-solving, and communication skills.
- Ability to work in a fast-paced environment with multiple priorities and deadlines.
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