Mortgage Underwriter

About the Role:

In this critical position, you will serve as a gatekeeper of financial integrity, meticulously verifying collateral and credit documentation to ensure seamless alignment with the application and loan origination system, granting the final approval.

Key Responsibilities:

• Complete the final underwriting review of Conforming loans by thoroughly examining collateral and basic credit documents to ensure loans are prepared for closing in accordance with agency guidelines.
• Analyze collateral documents such as title, tax certificate, appraisals, and homeowner's insurance policies to assess their influence on underwriting decisions.
• Review the Automated Underwriting System during final review and ensure that any red flags or special messages are addressed before issuing final review.
• Calculate ratios during final approval and ensure the ratio of Loan Origination Software matches with the Automated Underwriting System.
• Meet production goals while maintaining quality and compliance.
• Uncover any undisclosed debt or other missing financial information and ensure there is no potential fraud present in the loan application.
• Collaborate with Loan team, Underwriters, Collateral, and other cross-functional teams to ensure pending loan tasks are completed.
• Maintain acceptable Quality control standards.
• Review and clear tasks related to Credit, income, and assets required before final approval can be issued.

Requirements:

• Bachelor's degree with a minimum of 2 years of experience in US Mortgage.
• Knowledge of Agency guidelines for decision-making.
• Understanding of Credit and Collateral documents.
• Meticulous attention to detail.
• Strong data analysis capability and ability to clearly communicate findings to Leadership loan teams and borrowers.
• Knowledge of FNMA and Freddie Mac Guidelines.
• Detailed understanding of credit report, income, assets, and collateral documents.

About Better:

Better is reimagining home finance and making it faster, cheaper, and easier for everyone to become a homeowner. We leverage creative technology and innovation to make the home buying journey more approachable and understandable and home finance more affordable and accessible.

We are a place where smart, hungry, ambitious people who want to recognize their full potential thrive.

We prioritize your convenience with comprehensive office perks, including daily meals and transportation facilities for commuting to and from the office, available for all employees coming to the office.

We offer a comprehensive medical plan for you, your spouse, and dependents, as well as Group Term life insurance and Accidental insurance.

We prioritize your flexibility with night shift allowance, work-from-home allowance, and transportation allowance, where applicable.