Mortgage Underwriter

2 weeks ago

Newark, OH, United States Equity Resources Full time

Are you an experienced mortgage underwriter who's been searching for a great company that's family owned, that recognizes your contributions, and has a philosophy of no layoffs during the down-season? A company whose goal and purpose is to Improve the Lives of Families ? Take a look at Equity Resources We are a fun and friendly environment where we work together to meet our daily goals.

Why you'll love working here

  • Candidates local to Central Ohio will be asked to work a structured hybrid schedule and can enjoy our corporate office in Newark's historic downtown square. (Remote work is available for candidates located outside of Central Ohio).
  • Choose from flexible hours: 8:30 AM - 5:00 PM with a 30-minute lunch, or 8 AM - 5 PM / 8:30 AM - 5:30 PM with a 1-hour lunch.
  • Generous PTO, 10 paid holidays, plus a day off for your birthday
  • Full benefits package (including pet insurance) first of the month after your first 30 days.
  • 401(k) option with a generous company match -helping you grow your retirement savings faster.
  • Earn extra cash through our referral programs, $500 for each borrower you refer, and up to $5,000 for referring an experienced Loan Officer.
  • Join a stable, employee-focused company that's been growing since 1993.
Requirements
  • Bachelor's Degree in Business, Finance, or related field preferred (or equivalent combination of education and experience); minimum HS diploma or equivalent.
  • Minimum of 2 years' DE Underwriting experience with conventional and FHA loans; USDA/VA experience a plus.
  • Proficient in Microsoft Word, Excel, and Outlook; experience with an electronic mortgage processing systems required (Encompass preferred).
  • Excellent written and verbal communication and customer service skills; able to interact professionally with employees, vendors, and lenders.
  • Ability to comprehend and follow complex written and oral instructions.
  • Work independently with minimal supervision, applying sound judgment and attention to detail.
  • Ability to manage high-stress situations and work overtime as needed.
What your day will look like

The primary functions of the Underwriter are to approve saleable loans with the information provided by the next day; underwrite all loans under FNMA, FHLMC, and FHA (may include USDA & VA) loan programs and maintain knowledge of investor programs and overlays and communicate any changes to staff.

The following duties would be applicable:
  • Monitor pipeline daily and self-assigned preapprovals.
  • Make underwriting decisions based on risk assessment, taking into consideration the 4 C's of underwriting: Capacity, Credit, Collateral, and Cash.
  • Deliver high-quality service with 24-hour turn times and timely updates to Mortgage Specialists.
  • Maintain knowledge of investor overlays and expertise in FNMA, FHLMC, and FHA. Knowledge in USDA & VA loan programs is preferred but not required.
  • Analyze and report loan quality issues and monitor corrective actions.
  • Uphold strict fraud prevention, confidentiality and ethical standards set by Equity Resources.
  • Adapt to changing circumstances and adjusting daily priorities as needed.
  • Assist other Underwriters with daily volume.
  • Perform additional duties as needed to support team and company goals.


About Us

Equity Resources, Inc. is a privately owned and operated mortgage company headquartered in Newark, Ohio. We are licensed in 21 states, including Washington D.C., and operate branch offices in many of those locations. Our vision and purpose at Equity Resources, Inc. is quite simply to Improve the Lives of Families. We pride ourselves in creating Raving Fans of our customers AND our employees. We are celebrating our 32nd year in business and are continuing to grow Come join our team

Equity Resources offers a comprehensive total compensation and benefits package that includes medical, dental, and vision insurance; 401(k); company-paid life insurance; and much more

Equity Resources is an equal opportunity employer. It does not discriminate against applicants or employees on the basis of race, color, religion, creed, national origin, ancestry, disability that can be reasonably accommodated without undue hardship, sex, sexual orientation, gender identity, age, citizenship, marital or veteran status, or any other legally protected status.

  • Mortgage Underwriter

    2 weeks ago

    Newark, United States Equity Resources Full time

    POSITION SUMMARY: The primary functions of the Underwriter are to approve saleable loans with the information provided by the next day; underwrite all loans under FNMA, FHLMC, and FHA (may include USDA & VA) loan programs and maintain knowledge of investor programs and overlays and communicate any changes to staff. Specific duties may include, but are not...

  • Mortgage Loan Originator

    2 weeks ago

    Newark, NJ, United States Jet Direct Mortgage Full time

    Join Our Team as a Mortgage Loan Originator! Beyond the Basics: What Makes Jet Direct Mortgage Different? We know you've heard it all before: "competitive compensation," "quick turn times," "in-house products." While we are proud to offer all of these industry standards, we understand that you're looking for more than just the minimum-you're looking for a...

  • Mortgage Loan Underwriter Senior

    4 weeks ago

    Newark, United States Delaware Staffing Full time

    Mortgage Loan Underwriter SeniorThe role of the Underwriter III is to evaluate the credit risk against company standards and to determine the borrower's ability to repay a residential mortgage. The Underwriter III analyzes and interprets the most complex financial and non-financial data decisioning the requests with the goal of achieving the optimal quality...

  • Remote Mortgage Banker

    4 weeks ago

    Newark, United States The Federal Savings Bank Full time

    Job Type Full-time Description Now Hiring Experienced Mortgage Bankersin Newark, DE The Federal Savings Bank is a veteran-owned, federally chartered private bank with loan production offices nationwide. At The Federal Savings Bank, we have built strong relationships with a local realtors and builders across our lending footprint and we continue to build key...

  • Remote Mortgage Banker

    3 days ago

    Newark, DE, United States The Federal Savings Bank Full time

    Job Type Full-time Description Now Hiring Experienced Mortgage Bankersin Newark, DE The Federal Savings Bank is a veteran-owned, federally chartered private bank with loan production offices nationwide. At The Federal Savings Bank, we have built strong relationships with a local realtors and builders across our lending footprint and we continue to build key...

  • Remote Mortgage Banker

    24 hours ago

    Newark, DE, United States The Federal Savings Bank Full time

    Job Type Full-time Description Now Hiring Experienced Mortgage Bankersin Newark, DE The Federal Savings Bank is a veteran-owned, federally chartered private bank with loan production offices nationwide. At The Federal Savings Bank, we have built strong relationships with a local realtors and builders across our lending footprint and we continue to build key...

  • Mortgage Loan Processor

    6 days ago

    Newark, Delaware, United States Equity Resources, Inc Full time $70,000 - $85,000 per year

    Are you an experienced mortgage processor who's been searching for a great company that's family owned, that recognizes your contributions, and has a philosophy of no layoffs during the down-season? A company whose goal and purpose is to Improve the Lives of Families? Take a look at Equity Resources We are a fun and friendly environment where we work...

  • Senior Mortgage Credit Research Leader

    2 weeks ago

    Newark, United States Prudential Annuities Distributors (PAD) Full time

    A global financial services leader in Newark, NJ is seeking an experienced professional in mortgage credit research with a strong background in underwriting and analytical skills. You will evaluate investment opportunities and train junior analysts, contributing to a collaborative team environment. Required qualifications include a BA/BS degree and at least...

  • PGIM Fixed Income: Head of Mortgage Credit Research

    2 weeks ago

    Newark, United States Prudential Annuities Distributors (PAD) Full time

    We also believe talent is key to achieving our vision and are intentional about building a culture on respect and collaboration. When you join PGIM, you’ll unlock a motivating and impactful career – all while growing your skills and advancing your profession at one of the world’s leading global asset managers! * Underwriting public RMBS, mortgage...

  • Community Lending Officer

    1 week ago

    Newark, United States Citigroup Inc Full time

    The Community Mortgage Lending Officer is an entry level position responsible for driving mortgage sales and client relationships through engagement with community clients, diverse real estate agents, and affordable housing non-profit partners in coordination with the Consumer Product Sales team. The role is directly responsible for the sale of a specific...