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2 weeks ago
The primary responsibility of a Conventional Underwriter is to review and analyze mortgage loan applications for eligibility, accuracy, and compliance with established policies and procedures. The goal is to minimize risk factors while ensuring the integrity of the lending process.
Key Responsibilities:
- Review and analyze mortgage loan applications to ensure they meet all necessary requirements and guidelines.
- Verify loan data, reports, and inspections to ensure collateral is acceptable to investors and the company.
- Conduct thorough credit analysis, income verification, and debt-to-income ratio calculations.
- Make independent decisions regarding loan acceptance and risk according to HUD, company, and investor guidelines.
- Provide final approval for underwriting mortgage loans and complete all required paperwork in a timely and accurate manner.
Requirements and Qualifications:
- Minimum 3 years of experience in conventional/govt end-to-end underwriting.
- Well-versed in the 4C's of underwriting (Asset, Income, Credit, and Collateral).
- Degree or equivalent qualification.
Benefits:
A competitive salary package, opportunities for career growth, and a dynamic work environment make this role an attractive choice for experienced underwriters looking to advance their careers.
Other duties as assigned by management.
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