Current jobs related to Mortgage Underwriter III - Pewaukee, Wisconsin - Waterstone Mortgage Corporation

  • Underwriter III

    4 weeks ago

    Pewaukee, Wisconsin, United States Waterstone Mortgage Corporation Full time

    Job SummaryThe Underwriter III is a critical role at Waterstone Mortgage Corporation, responsible for evaluating and underwriting residential mortgage applications. This position requires a high level of expertise in mortgage underwriting, with a focus on ensuring compliance with investor, FNMA, FHLMC, FHA, VA, RD, and private investor guidelines.Key...

  • Underwriter III

    4 weeks ago

    Pewaukee, Wisconsin, United States Waterstone Mortgage Corporation Full time

    Job SummaryThe Underwriter III is a critical role at Waterstone Mortgage Corporation, responsible for evaluating residential mortgage applications and making credit decisions. This position requires a strong understanding of lending and underwriting policies and procedures, as well as excellent analytical and communication skills.Key ResponsibilitiesReview...

  • Underwriter III

    6 months ago

    Pewaukee, United States Waterstone Mortgage Corporation Full time

    SUMMARY: The Underwriter III is responsible for underwriting and evaluating residential mortgage applications originated by the retail mortgage lending division. The Underwriter III is responsible for making credit decisions for customer applications on residential 1-4 family first lien mortgages and/or extensions and lines of credit. Individuals in...

Mortgage Underwriter III

2 months ago

Pewaukee, Wisconsin, United States Waterstone Mortgage Corporation Full time
Job Summary

The Underwriter III is a critical role at Waterstone Mortgage Corporation, responsible for evaluating residential mortgage applications and making credit decisions. This position requires a high level of expertise in underwriting and a strong understanding of investor and regulatory guidelines.

Key Responsibilities
  • Review and evaluate residential mortgage applications, ensuring compliance with investor and regulatory guidelines.
  • Make credit decisions on residential mortgage applications, taking into account borrower, property, and loan conditions.
  • Communicate underwriting decisions to loan officers and other stakeholders.
  • Stay up-to-date with changes in underwriting practices and guidelines.
  • Collaborate with loan officers and other teams to resolve mortgage application conditions.
Requirements
  • High school diploma or equivalent required; college degree preferred.
  • 3-5 years of experience as a loan underwriter.
  • Knowledge of basic lending and underwriting policies and procedures.
  • FHA DE and VA SARs approval required.
Skills and Qualifications
  • Excellent analytical and problem-solving skills.
  • Strong communication and interpersonal skills.
  • Ability to work in a fast-paced environment and meet deadlines.
  • Proficiency in automated underwriting software and FHA Connection & VA Guaranty System.
Work Environment

The work environment is a professional office setting with a conservative business dress code. The noise level is moderate.