Mortgage Loan Underwriter Specialist

1 month ago


Pasadena, California, United States SummitHR Full time
Job Summary

SummitHR is seeking a skilled Mortgage Loan Underwriter to join their team. As a key member of the production team, the successful candidate will be responsible for evaluating borrower financial and credit information, in conjunction with property valuations, to inform lending decisions.

Key Responsibilities:

  • Underwrite and decision agency conforming, jumbo FHA/VA residential mortgage loans.
  • Verify and analyze all necessary financial information and documentation; ensure that loan files contain all necessary credit and legal documents.
  • Review appraisal reports to identify and resolve any discrepancies.
  • Perform thorough analysis of applicant's income and expense data, asset documentation, credit reports, and property valuations in order to affirm borrower qualifies for loan.
  • Calculate qualifying ratios, determine creditworthiness; provide risk opinions

Requirements:

  • Must be able to underwrite VA, FHA, Conventional & Jumbo Loans
  • 4+ years of Underwriting Experience
  • 4+ years of experience underwriting FNMA, FHLMC, and Non-Conforming mortgages is a plus
  • Knowledge of Desktop Underwriter (DU) & Loan Prospector/Loan Product Advisor (LP/LPA)
  • Categorical understanding of the mortgage lending process
  • Ability to carry out requisite loan calculations (DTI, LTV, etc.)
  • Capable of preparing findings reports
  • Ability to handle multiple files simultaneously.
  • Strong written and verbal communication.
  • Perform well in team environments.
  • Always looking for ways to grow into the future.

What We Offer:

A full benefit package (health insurance + 401K), competitive salaries, and a positive team environment. To see new and updated job postings and job postings similar to this, please follow us on LinkedIn: https://www.linkedin.com/company/summithr



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