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Mortgage Loan Underwriter Manager (Open Mortgage)
Ref No.: 16-08362
Location: Austin, Texas
Mortgage Loan Underwriter Manager
Client why Open Mortgage is the place Where Better Is Possible.TM

Open Mortgage is currently seeking a Mortgage Loan Underwriter Manager to join our team (Nationwide).

About Us:
In today's market you need to know that we are a financially stable, reliable company who has been in business for over ten years.

Open Mortgage is a Mortgage Banker offering automated tools, cutting-edge technology, and excellent customer service for originating forward and reverse loans. Open Mortgage believes that Better Is Possible.TM

At Open Mortgage we believe in offering you the best place to develop and grow. We believe in leveraging technology to allow you to conduct your business using high technology, along with high touch relationship building, because we know how important it is to maintain personal contact with everyone in your circle.

SUMMARY:
Underwrites mortgage loans in accordance with established policies and procedures and appropriate guidelines; examines all documentation for accuracy and completeness.

Responsibilities:
  • Screens loan applications to determine the appropriate funding source and program.
  • Calculates income for all types of borrowers, reviews complex tax returns and financial statements, analyzes various sources of funds, and establishes general creditworthiness of potential borrowers.
  • Reviews information provided in loan package; requests additional information as required.
  • Evaluates risk as it relates to borrowers, collateral, and transactions.
  • Provides final approval underwriting of conventional, VA, FHA, Client, Freddie Mac, and Rural Development mortgage loans including but not limited to lease holds, construction, non-owner occupied, condominiums, mortgage insurance secured, and higher risk loans.
  • Underwrites credit, capacity, and collateral in accordance with established policies and procedures.
  • Completes all required paperwork and forms in a timely and accurate manner; prepares required reports.
  • Maintains records, files, and database.
  • Performs other related duties as assigned by management.
Job Requirements
Experience and Credentials
  • DE Certified
  • SAR/LAPP
  • Five plus years related experience or equivalent.


Skills and Abilities:
  • Thorough working knowledge of real estate documentation, policies, compliance, and procedures.
  • High level of proficiency with mortgage loan processing and underwriting systems.
  • Commitment to excellence and high standards
  • Excellent written and oral communication skills
  • Strong organizational, problem-solving, and analytical skills
  • Ability to manage priorities and workflow
  • Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm
  • Acute attention to detail
  • Proficient on DU/DO/LP/GUS
  • Excellent customer service skills
  • Proven ability to handle multiple projects and meet deadlines
  • Strong interpersonal skills.
  • Good judgement with the ability to make timely and sound decisions
  • Demonstrated ability to calculate figures and amounts such as discounts, interest, commissions, and percentages.
  • Bilingual skills a plus.
  • Ability to effectively present information and respond to questions.
  • Ability to effectively communicate with people at all levels and from various backgrounds.
  • Remote based position (headquarters located in Austin, TX)


Compensation and Benefits:
  • Compensation is commensurate with experience
  • Benefits package available
ControlID: 14.234.89 SHR