Underwriter
$79,997–$89,960 year
HybridRochester, New York, United States
Job Summary
Underwrite residential mortgage loans for the secondary market, portfolio mortgages, and home equity lines, including FHA, USDA, VA, and construction loans. Prepare commitment letters for loan officers and maintain expert knowledge bases for correspondent lending partners. Update retail lending policies, ensure compliance requirements are met, and maintain proper documentation in Credit and Legal Files. Build strong working relationships with bank loan originators, sales staff, and processors while demonstrating GRB Experience behaviors. Requires a Bachelor's degree, five years of mortgage underwriting experience, and an active CHUMS number.
Required Qualifications
- Bachelor's degree, preferably in a business-related discipline
- Minimum of 5 years' experience underwriting mortgage loans and retail lending credit analysis
- Active CHUMS #
- Expert knowledge with FHA regulations and underwriting guidelines
- Knowledge and experience in the secondary market arena
- Knowledge of Fannie Mae DU, Freddie Mac LP, and GUS
Desired Qualifications
- Equivalent combination of education and experience
- SAR ID#
- SONYMA experience
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