Underwriter

Responsibilities:

• Complete the loan processing in compliance with state and federal regulations.

• Maintain a working knowledge of Conventional loans.

• Should know Fannie and Freddie's guidelines.

• Ensuring compliance with company policies and guidelines.

• Have knowledge of credit analysis and identify any prior credit history issues or concerns.

• Have basic knowledge of appraisal report analysis.

• Basic knowledge of reviewing all types of insurance policy-related documents (MI/HOI/Condo/Flood).

• Verify and analyze income to calculate debt-to-income ratios. (Including self-employment income)

• Analyse and review preliminary title reports to identify liens, judgments, and CCRs to help in decision-making.

• Effective communication with various vendors like Appraisers, Title companies, and Borrower's Employers to complete the requirements of the loan.

• Release the needs list acquire all the documents as per the list and submit the loan to the Underwriting and Closing departments.

Requirements:

• Minimum 2 years.

• Preferred 3 years and recent experiences.

• Knowledge of FHA, VA, Bond, and/or USDA loans.

• The candidate does not have more than six months of gap in relevant experience.

• Minimum 2 years of experience in Live Underwriting.

• Experience in Income Review (Salaried and Self-employment)

• Have knowledge of 2015 fee Itemization