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JR. Underwriter- Sr. Underwriter- Sr Processor (First Meridian Mortgage)
Ref No.: 16-08320
Location: Flushing, New York
The Underwriter position is very essential to building a successful mortgage team. The primary focus is to exceed our client's expectations and deliver exceptional service. This position is crucial in the development of strong, lasting client relationships by delivering timely, accurate and detailed underwriting decisions. Representing our company in a positive, professional and compassionate manner is essential.

Top 3 Responsibilities and how you will be measured:

1) Maintain Posted Turn Times
Measurement:Percent of files that meet turn times (standard 95% met).

2) Underwrite an Average of 2 New Loan Files per Day Following Posted Policies and Industry Standards.
Measurement: Quality of files per Post Closing suspense report and Internal/External QC Audits with error rate of less than 5% and percent of files meeting turn times (standard 95% met)

3) Assist in the Review of PTS and Funding Conditions as Needed/Directed by the Underwriting Manager or Supervisor.
Measurement: Percent of files meeting turn times (standard 95% met)

About Sr Processor Position:

Top 3 Responsibilities and how you will be measured:

1) Close Every Loan on Time
  • Measurement: Review all new files within 48 hours and publish a needs list via phone and
  • email.
2) Collect all Conditions from Borrower
  • Measurement: Submit all files to underwriting fifteen days prior to close of escrow date.
3) Create Raving Fan Realtors and Borrowers
  • Measurement: Have documents in title two days prior to close of escrow date.

Essential Duties of the Position:
  • Review new loan submissions from Loan Officer or Approval Specialist within 48 hours of receipt.
  • Verify loan is complete with checklist and accompanying disclosures, documents, needs list,anticipated or confirmed program/investor, and etc.
  • Return any incomplete loans back to Operations Manager with explanation, so they may complete and resubmit.
  • Request any additional items needed from borrower to complete loan.
  • Order and receive VODs, VOEs, appraisal, title, and etc. as appropriate.
  • Compile and process all documents as received in a timely manner to meet projected close date.
  • Input final information as validated in Encompass and reruns AUS, as applicable, for final loan submission.
  • Submit loan to Underwriting within 24 hours of receipt of documents, as needed, for a complete loan file to obtain a clear loan approval.
  • Submit complete files to Underwriting based on Investor and/or AUS requirements. Clears anyconditions that require communication to the title companies, appraiser, employers, surveyors, and etc.
  • Have quiet time from 8:00 a.m. to 1:00 p.m. every day.
  • Coordinate submitted files to Underwriting & Closing to meet file expectations
  • Place detailed comments in the conversation log every time a file is handled.

About First Meridian Mortgage:

First Meridian was founded in 1991 for the sole purpose of creating a better way for buyers to obtain home loans. We wanted to build a company fully committed to employing a team of Home Loan Experts. Loan Officers and Loan Managers that excel at delivering fast, high-touch, and informative lending solutions. Meridians's customers can rest easy knowing they selected the right company to best meet their home ownership goals.
Compensation for this position will depend on experience.FMM offers a complete compensation package including Medical/Dental/Vision Insurance, 401K, Paid Time Off, Flex Spending, Etc.
First Meridian Mortgage is an Equal Housing Opportunity Employer.
Close Every Loan on Time
  • Measurement: Review all new files within 48 hours and publish a needs list via phone and email.

Job Requirements:
  • Must have high school diploma or equivalent.
  • Must be proficient in DU/DO, LP, and major Originating systems.
  • Must have excellent verbal and written communication skills.
  • Must have a positive attitude.
  • Must be dependable, self-motivated, and require minimal supervision.
  • Must be proficient with all guidelines and websites necessary to complete job functions.
  • Minimum three (3) years of mortgage processing, underwriting, originating or a combination of all aspects.
  • Must be detail oriented.
  • Must be able to work under pressure to meet deadlines.
  • Must be able to organize, prioritize, and manage time.
Work Environment:
  • Comply with all corporate policies and procedures
Related Keywords: loan partner, loan officer, loan officer assistant, loan processor, loan management, loan manager, loan, loans, finances, financial, underwriter, jr underwriter, sr. processor
**This position is for our Fresh Meadows NY location or r outside of New YORK remote**
We utilize leading edge technology to help you create and strengthen real estate agent relationships that you need to be successful. If you are an experienced loan officer with an existing purchase business, we want to talk to you. Your success is our priority.
We have the best underwriting and processing teams in the business and our operations team is totally committed to helping you develop, enhance, and improve your referral relationships.
Related Keywords:
office administration, underwriter, loan management, loan manager, loan processor, loan partner, leases, leasing, underwriting, rental applications, customer service, arithmetic, mathematics, AppFolio, Excel, MS Office, Word, Outlook, reception, data entry.

ControlID: 14.234.89 SHR