Underwriter Needed for Government Mortgages

We specialize in Temp to Hire and Direct Hire positions within many industries. This is a direct hire position with a well know, national, mortgage company. The job description including general duties and responsibilities of the position, hours, and salary range are found below. If interested please apply online.

Job Summary:
Underwrites conventional and government loans processed through automated underwriting systems. Reviews findings and documentation to insure compliance with agency and investor guidelines. Restructures loans, if necessary, to find alternative solutions.Issues final loan decisions based on the findings of FNMA, FHLMC and Investor automated systems and convey decisions to operations and sales team members.
Duties and Responsibilities:
Reviews loan application and supporting documentation according to PMC guidelines.Submits through underwriting system.Reviews findings report and verify that initial file documentation supports findings. Issues credit decision based on underwriting review in combination with automated findings.Returns automated underwriting findings of approved and accepts to appropriate parties in form of credit approval with required conditions listed.Reviews automated underwriting findings of refer and caution to determine if there is an ability to issue a decision based on the credit risk of the loan.Suggests alternative loan programs by restructuring the loan.Is available to processors, closers and mortgage consultants for questions on specific loan files and interpretation of feedback reports from automated systems.Resubmits loan files as needed through automated system for updated or final submission.Reviews updated documentation and reduced appraisal forms and issues final loan decision.Reviews and clears conditions as needed to complete loan file.Provides quality control reviews on files for other team members. Ensures compliance with both standard and automated underwriting policies. Participates in FHA update meetings and review compliance sources to stay up to date on industry and investor changes.
Requirements :
3-5 years of Government Mortgage Underwriter experience. In depth working knowledge of FHA, VA, DU, LP, and CLOUT (preferred). Holds FHA Direct Endorsement and VA Automatic designations.

Hours:
Monday-Friday 8:00a-5:00p