
Mortgage Lending Specialist
5 days ago
We are seeking an experienced Mortgage Underwriter to join our team.
Job Description:The Conventional Underwriter reviews, conditions and underwrites mortgage loans in accordance with established policies and procedures. The individual will examine all documentation for accuracy and completeness.
This includes reviewing loan data, reports and inspections to ensure collateral is acceptable to the investor and company.
The successful candidate will have a solid understanding of lending and underwriting guidelines, including credit and income analysis, cash flow analysis, risk assessment, loan-to-value ratios and debt-to-income ratios.
In this role, you will review initial applications, verify loan, property and borrower information, and calculate asset requirements for closing and reserve purposes.
You will also be responsible for making independent decisions regarding acceptance and risk of loans according to HUD, company and investor guidelines.
Required Skills and Qualifications:- A degree or equivalent qualification
- A minimum of 3 years experience in conventional/govt end-to-end underwriting
- Well-versed with the 4C's of Underwriting (Asset, Income, Credit and Collateral)
This is a challenging and rewarding role that offers excellent opportunities for career growth and development.
You will work with a highly skilled team of professionals who share your passion for delivering exceptional results.
The company offers a competitive salary and benefits package, including opportunities for professional development and training.
Others:In addition to the above, the successful candidate will be required to maintain high levels of customer service and communication with other departments.
They will also be expected to work effectively with staff and management to find solutions on escalated loans.
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