We are actively hiring for 1 remote conventional underwriter to join a full-service mortgage banker headquartered in Houston, TX. Our company has been in business for over 25 years and today has grown to 30 offices spread out across 13 states. If you’re an experienced conventional underwriter with 2+ yrs experience and looking for a stable home to assist you with growing into your designations, apply today!What You Will Be Doing
Areas of Responsibility:
I. Conventional Loan Underwriting.
Review and analyze credit/income/asset documentation submitted in order to make a sound determination of creditworthiness per guidelines using department approved checklists and worksheets.
Ensure that property appraisals meet standard secondary market investor requirements.
Offer alternative financing on eligible loans that cannot be approved as submitted.
Issue appropriate Approval/Pend/Denial Notifications in the origination system per RESPA standards and company policy.
Notify Loan Officers/Branch Managers of denials and pends via email.
II. Job Knowledge.
Keep up to date on agency guidelines (Fannie Mae, Freddie Mac, and all applicable bond programs).
Keep up to date on secondary marketing guidelines (Loan Program Summaries).
Ensure all specifics of RSMCs internal loan program summaries are adhered to.
Act as a liaison with Secondary Marketing and the branches with regard to offering alternative programs on loans that are deemed ineligible as initially submitted.
Keep up to date on internal underwriting procedures.
Keep up to date on other market updates or changes.
Attend industry education classes as assigned by the National Underwriting Manager
III. Automated Underwriting Systems.
Use approved automated underwriting systems (LP/DU) daily in the underwriting process.
Maintain familiarity with all aspects of the automated underwriting systems and how they affect loan approval decisions.
Apply feedback from the AUS for use in the underwriting process.
IV. Internal Communication.
Communicate approvals, declines, and pends to branches, Loan Officers and Branch Managers via phone.
Relay to the Loan Officers and Loan Processors errors in files or areas that could use improvement.
Follow RSMC Denial Underwriting Procedure
V. General Duties.
Meet quality underwriting standards/benchmarks as established by senior management
Help prepare responses to agency or internal audits for submission to the National Underwriting Manager for review and approval.
Maintain familiarity with the companys loan processing system.
Assist with all other special tasks or projects as directed by management.
Meet minimal daily production points as established by the National Underwriting Manager.
A minimum of 2 years hands-on underwriting experience of Conventional loans including the ability to analyze complicated self-employed borrowers tax returns and financial statements.
Consistently acceptable QA results Conventional files (internal candidates)
Strong overall computer skills (i.e., MS Office, automated underwriting systems).
Excellent verbal and written communication skills.
Excellent organizational and team-building skills.
Demonstrated judgment and decision-making ability.
Ability to establish excellent relationships internally and externally.
Must have adequate internet service and workspaceWhat You Need for this Position
– Well versed with encompass
– Experienced in TX loans
– Willing to work remotelySo, if you are a Remote Conventional Underwriter (Will to sponsor for DE) with experience, please apply today! Or, if you prefer to apply directly, you may email to …@cybercoders.com
Associated topics: underwriter
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