Previous Job
Ref No.: 16-07854
Location: Houston, Texas
Sr. Underwriter -Great opportunity with large yet rapidly growing banking organization. Regarded as a one of the top place to work by D-magazine. Looking immediately for knowledgeable Mortgage Underwriters with 5+ years of underwriting experience. Correspondent and Wholesale experience preferred. Knowledge of FHA, VA, Conventional experience preferred Jumbo experience is a bonus. Opportunity to get towards the ground-floor with the Correspondent Lending division. Highly competitive compensation with great benefits and an outstanding work environment. You can work from any US State
  • Responsible for the timely and accurate evaluation and approval/denial of loan conditions according to investor and bank guidelines
  • Reviews and ensures data integrity to confirm the accuracy of the automated underwriting system's (AUS) findings
  • Applies internal, investor and federal regulations to the decision process to ensure loan quality
  • Analyze and verify the employment profile, credit strength, property characteristics and all other information on the borrower pertinent to the credit decision process
  • Respond within published SLAs to all condition reviews and audit findings
  • Communicates the required conditions and stipulations effectively
  • Provide training and mentoring of Underwriter I
  • Adhere to all internal and external NPI procedures and policies
  • Demonstrate the ability to comprehend program changes and new program
  • Graduation from a 4-year college or university with major course work in a discipline related to the requirements of the position preferred
  • Will consider the equivalent combination of job experience and education that demonstrates the ability to perform the essential functions of the job
  • Knowledge and understanding of Fannie, Freddie, FHA, VA and USDA agency guidelines and procedures
  • Analysis skills in the areas of credit, asset, collateral, layered risk and income evaluation
  • Experience with Desktop Underwriter (DU), Loan Prospector (LP) and Government Underwriting System (GUS)
  • Detail oriented and well organized with the ability to manage priorities
  • Thorough knowledge of residential mortgage loan documentation requirements
  • Ability to work collaboratively with others in a fast paced, deadline driven, team environment
  • Excellent written and verbal communication skills are a must
Keywords,Mortgage underwriting mortgage underwriter, DE, LAPP, Underwritten loans, Loan
Job Type: Full-time
Required education:
  • High school or equivalent
Required experience:
  • FHA VA experience?: 1 year
  • Mortgage Underwriting experience?: 4 years
ControlID: 14.234.89 SHR