Job brief
We are seeking an experienced Mortgage Underwriter to join our team. As a Mortgage Underwriter, you will be responsible for evaluating mortgage applications and determining their creditworthiness. The successful candidate will have a thorough understanding of mortgage industry guidelines and regulations, as well as excellent analytical and communication skills.
Responsibilities
- Review mortgage applications and related documents to assess the creditworthiness of borrowers.
- Verify employment, income, and other financial information of the borrower.
- Evaluate borrower's credit history and determine if the borrower meets the loan program guidelines and regulations.
- Ensure compliance with federal and state laws and regulations governing mortgage underwriting.
- Communicate underwriting decisions to borrowers and loan officers in a clear and concise manner.
- Collaborate with loan processors and closers to ensure loans are closed in a timely manner.
- Analyze and assess borrower risk factors, including credit history, income stability, and debt-to-income ratio.
- Assist in the development and implementation of underwriting policies and procedures.
- Monitor and track loan portfolio performance to identify trends and areas of improvement.
Requirements
- Bachelor's degree in finance, business administration, or a related field
- Minimum of 3 years of experience in mortgage underwriting
- Strong knowledge of mortgage industry guidelines and regulations
- Excellent analytical, decision-making, and problem-solving skills
- Strong attention to detail and ability to multitask in a fast-paced environment
- Exceptional written and verbal communication skills
- Ability to work independently and in a team-oriented environment
- Proficiency in Microsoft Office and mortgage industry software
- Ability to maintain the confidentiality of borrower financial information
The successful candidate will possess exceptional organizational and analytical skills, have an understanding of mortgage industry regulations, and be able to provide clear and concise communication to loan officers and borrowers. Experience in loan processing and closing is also preferred. If you meet these requirements and are looking for an exciting career opportunity, we encourage you to apply for this position.
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