Mortgage Underwriter Collaborator
3 weeks ago
Job Description
We are seeking a skilled professional to join our team as a Senior Analyst, Collateral.
Must have minimum 1 year experience in core US mortgage residential underwriting. Candidate must have a strong knowledge of mortgage loan documents, federal and state lending laws, and investor guidelines (FNMA, FHLMC, FHA, VA and USDA).
Responsibilities
- Maintain a working knowledge of US Mortgage Originations closing procedures.
- Interpret investor guidelines and apply them to specific loans.
- Review all property documents for accuracy and completeness.
- Ensure the property is structurally sound, meets agency guidelines & client overlays and determine the soundness and accuracy of the property appraisal report.
- Review the title & insurance documents to ensure sufficient coverage and all encumbrances, clauses on title have been adequately addressed.
- Audit the property documents from a salability standpoint daily and note any exceptions. Assess risk and review for Frauds and Red Flags.
Qualifications
The ideal candidate must have:
Bachelor's degree
A strong knowledge of mortgage loan documents.
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