Mortgage Underwriter I - REMOTE
$65,000–$75,005 year
RemoteUnited States
Job Summary
Analyze and independently underwrite moderately complex residential mortgage applications, evaluating risk, validating documentation, and determining loan eligibility within investor and regulatory guidelines. Manage daily pipelines by prioritizing tasks across retail, wholesale, and correspondent channels, while achieving required production levels and turn times. Utilize automation solutions such as the Automated Underwriting System to ensure efficiency and accuracy in calculations like DTI and LTV. Escalate higher-risk or exception files to senior staff as appropriate and stay current with evolving product guidelines and technologies. Perform underwriting functions in all stages of the application, from initial decision to final approval, while collaborating effectively with processors, loan officers, and peers.
Required Qualifications
- Bachelor's degree in finance, business administration or other related degree preferred
- Minimum of two to six years of related experience at a credit union, bank or other financial institution
- Excellent problem-solving, organizational, analytical, verbal and written communication skills
- Strong decision making and time management skills with the ability to manage multiple projects/duties
- Results driven, service oriented, self-motivated and able to work independently
- Detailed knowledge of secondary market guidelines
- Some knowledge of regulatory guidelines and issues
- Complies with all requirements for Mortgage Loan Originators set forth in the SAFE Act, including, but not limited to successful completion of the required background checks and obtaining a Unique Identifier from the NMLRS
- Trustworthy with the ability to maintain highest level of integrity and trust
- Proficiency in Microsoft Office, specifically Word, Excel and PowerPoint
- Related experience with Encompass loan origination systems
- Ability to communicate with clarity, while understanding and explaining complex situations to team members and outside contacts
- Ability to proof read documentation and correspondence to insure free of errors and fraud
- Candidates must reside within the United States
- U.S. work authorization is required
- Must be able to communicate with coworkers and customers via email, chat, teleconference, and/or phone
Desired Qualifications
- Bachelor's degree in finance, business administration or other related degree preferred
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