Mortgage Loan Underwriter

Employer
A&D MORTGAGE LLC
Location
Hollywood, FL
Posted
Apr 18, 2017
Jobs Outside Higher Education
Businesses & Consultants
Institution Type
Outside Academe


Job Description

Must have recent experience as a Mortgage Underwriter to apply.

Direct Mortgage Lender, expanding its operation and looking to hire a qualified, hardworking, and self-motivated individual with 2+ years of experience to join our team as a Head Underwriter. This is a high pressure position that will require strong organizational skills and the ability to multitask. You must be able to handle a high volume of loans, while still remaining effective and accurate in assessing each loan.

High Salary plus Bonus per file

Benefits: Health Insurance, 401K, vacation plan

Please, email your resume

Summary of Role and Responsibilities
  • Reviews all items and conditions provided by borrowers and ensures they meet the required guidelines by utilizing internal and external (e.g., agency) policies and procedures [e.g., automated underwriting systems such as Desktop Underwriter (DU)]
  • Correspondent banking experience is preferred
  • Ensures that Company operating standards are met for underwriting and compliance by utilizing internal and external (e.g., agency) policies and procedures
  • Reviews applications and all pertinent disclosures to ensure compliance with all Federal, State and investor requirements are met and upheld
  • Monitors property appraisal process to ensure value of property is accurately presented
  • Analyzes documentation such as credit, income, assets, and appraisals to make sound underwriting decisions based on this analysis by using internal checklist
  • Analyzes loan applications to identify any risk issues and/or potential misrepresentation.
  • Reviews documentation and ensures documents are properly classified and organized
  • Makes quality underwriting decisions while maintaining Company turn-time expectations
  • Reviews and clears conditions on all loans to ensure a complete loan package prior to closing
  • Utilizes proprietary and on-line tools [e.g., Lexis/Nexis, Real Quest, Mortgage Electronic Registration System (MERS), AVM's, etc.] to help combat fraudulent activity and ensure quality loan decisions
  • Have the ability to rework loans to new terms, and identify additional conditions as needed.
  • Must be able to provide quick and accurate answers on multiple loan project guidelines
  • Engages specific strategies (e.g., determines appropriate individuals to resolve escalated customer issues, etc.) to resolve customer questions and concerns
  • Continually reviews underwriting environment, and suggests improvement opportunities to management
  • Acts as a recognized subject matter expert within the Company and partners with management on underwriting-related issues by providing analytical support, and counseling advice for their functional areas

Job Requirements

Minimum Knowledge, Skills and Abilities:
  • Intermediate knowledge in Microsoft Word, Excel, Outlook and Internet Explorer
  • Expert knowledge of conventional and/or government loan underwriting and selling guidelines (e.g., Fannie Mae, Freddie Mac, FHA, VA, etc.)
  • Exceptional customer service
  • Underwriter designation certification (e.g., Direct Endorsement, etc.)
  • Ability to communicate effectively with all levels
  • Ability to positively project the Company and department

Company Description
A&D MORTGAGE LLC IS A DIRECT MORTGAGE LENDER. COMPANY HAS BEEN IN BUSINESS UNDER THE SAME OWNERSHIP SINCE 1999. WE ARE RAPIDLY EXPANDING AND LOOKING FOR SELF-MOTIVATED, HARDWORKING PROFESSIONALS TO JOIN OUR TEAM.


Hollywood, FL

c03cb37c10

Mon, 10 Apr 2017 11:38:13 PDT

PI97542522