Remote Mortgage Underwriter

Job Description:

• Our client is one of the top mortgage lenders in the United States and is looking to grow its team of Underwriters as the mortgage refinance boom continues.
• The Underwriter is responsible for underwriting Conventional, FHA, VA, USDA, and/or Jumbo residential mortgage loans in compliance with appropriate company policies, secondary market investor standards, and government regulations.
• This remote position offers a base salary (paid hourly), plus a monthly point-based incentive program, on average 5-10% of monthly salary.

Essential Functions:

• Examines loan documentation for accuracy and completeness, while working with Mortgage Consultant and/or production staff to secure all required documents.
• Reviews and verifies the income, employment, and credit history of the applicant, requesting additional information as needed.
• Scrutinizes accounts from which applicants' funds originate.
• Reviews property appraisal to see if property valued correctly to warrant the loan amount requested.
• Underwrites and applies needed conditions to mortgage applications to assure borrower meets program/products specifications.
• Communicates status and decisions (approval, suspense, denial) to the appropriate individuals in accordance with company SLAs.
• Complete a minimum of 2 points per day.
• Ensure that all loan decisions are provided within regulatory requirements (including approvals, suspensions, declinations and needs letters).

Requirements:

• Degree preferred, but not required.
• Minimum of 2 years recent experience underwriting residential mortgage loans.
• Must be DE Certified (Direct Endorsement)
• Experience with Encompass a plus.
• FHA Direct Endorsement and VA SAR certifications preferred.
• Must be able to pass a credit check

We are a global recruitment firm and representing well-known brands around the world. It's prestigious for us to represents our clients. We help to connect top talents with our clients. Perseverance towards better placements is our prime goal!