FHA/VA Mortgage Underwriter

2 months ago


Irvine, California, United States SummitHR Full time
Job Summary

We are seeking a highly skilled Mortgage Underwriter to join our team at SummitHR. As a Mortgage Underwriter, you will be responsible for reviewing and underwriting loans to ensure compliance with investor and agency guidelines.

Key Responsibilities
  • Loan Review and Underwriting: Review loan applications and supporting documentation to ensure compliance with investor and agency guidelines.
  • Automated Underwriting System: Submit loans through an automated underwriting system for a decision.
  • Appraisal Review: Review appraisal reports to identify and resolve any discrepancies discovered and ensure the property meets HUD MPRs.
  • Credit Analysis: Perform thorough analysis of applicant's income and expense data, asset documentation, credit reports, and property valuations to affirm borrower qualifies for loan.
  • Qualifying Ratios and Creditworthiness: Calculate qualifying ratios, determine creditworthiness, and provide risk opinions.
  • Loan Eligibility: Determine if the loan file is eligible for funding, insuring according to internal and agency guidelines.
  • Stipulation and Condition Management: Perform timely reviews of stipulations/conditions submitted and maintain standard underwriting turnaround time for new loan submissions and resubmissions.
Requirements
  • Approved Underwriter: An approved FHA, DE (Direct Endorsed) and/or VA SAR/LAPP Underwriter.
  • Experience: 4-year minimum experience.
  • Customer Service Skills: Excellent customer/interpersonal service skills.
  • Writing and Verbal Skills: Excellent writing/verbal skills.
  • Collaboration and Problem-Solving: Proven ability to collaborate and problem-solve with other mortgage partners.
  • Attention to Detail: Attention to detail and accuracy.
  • Planning and Organization: Strong planning and organizational skills.
Company Benefits
  • Competitive Compensation
  • Comprehensive Health, Life, and Disability Insurance
  • 401(k) Plan
  • Vacation and Holidays

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