Condition Underwriter (Retail)

Union Home Mortgage Corp.; United States; On-site; USD 65,000 - 90,000; Full time

Job summary

Union Home Mortgage Corp. is seeking a Condition Underwriter to review 14-16 condition files per day, ensuring documentation aligns with investor and regulatory requirements.

You will work with loan officers, underwriters and processors to clear conditions and maintain high quality standards. The role requires strong analytical ability, knowledge of Encompass LOS, and the ability to adapt to changing guidelines.

Qualifications

• Strong analytical skills in credit and risk assessment.
• Effective interpersonal and technical report writing skills.
• Attention to detail and accuracy in documentation.
• Knowledge of Encompass LOS platform.
• Ability to meet strict deadlines and manage time.
• Fosters teamwork and uses sound judgment.

Responsibilities

• Review 14-16 condition files per day ensuring documentation meets requirements.
• Communicate with internal and external partners on items that cannot be cleared.
• Stay updated on investor, agency, FHA/VA/USDA guidelines and overlays.
• Ensure loan criteria, product eligibility, and data accuracy.
• Maintain Quality Control ratings within company standards.
• Attend seminars and courses to remain current on market trends.

Skills

Analytical skills

Interpersonal skills

Attention to detail

Encompass LOS knowledge

Decision making

Time management

Teamwork

Financial data analysis

Education

Bachelor’s degree or equivalent

FHA/VA/USDA/Agency loan experience

Encompass LOS experience

Tools

Encompass LOS

Job description

OVERVIEW

At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value

Qualifications

OVERVIEW

At UHM, we understand diversity comes in many different forms. It’s our commitment to improve inclusion in the workplace through programs and policies that establish a positive and inclusive environment where every Partner, regardless of their background, can grow and excel. We value diversity, educate on equity, and create inclusive partner opportunities to ensure that you know #UBelongAtUHM!

This position is responsible for the timely and accurate review of conditions required by the Credit Underwriter in order to issue final loan approval. Items required in condition reviews include, but are not limited to credit, employment, income, financial data, and asset documentation. A Condition Underwriter ensures the items provided meet the investor & regulatory requirements for items requested by the Credit Underwriter to adhere to quality standards and maximize the borrower’s chances of obtaining and sustaining homeownership.

Duties & Responsibilities

• Responsible for reviewing 14-16 Condition files per day while minimizing any risk to the company by ensuring the documentation provided meets the requirement set forth by the credit underwriter and compliance with our investors, agencies, HUD, VA, USDA or HFA’s, as applicable.
• Responsible for Communicating with Internal and External Sales Partners, Underwriters, Processors/BCs, Closers, etc. on condition items that are unable to be cleared.
• Responsible for remaining updated on all investor, agency, FHA, VA, UHM guideline changes along with any overlays.
• Ensure the accuracy of all necessary criteria for specific loan types, products, rates, applicable documentation, and data.
• Maintain Quality Control ratings within company standards.
• Attend appropriate seminars, live and recorded courses to keep abreast on current market trends and developments.
• Provide training support to sales force, as needed.
• Responsible for listening in on departmental huddles.
• Assist loan officers, broker partners, and/or NDC Clients with scenarios and explaining any conditions that are not clear to them.

Skills Required

• Strong analytical skills, especially in credit and risk, along with decision making skills.
• Effective interpersonal skills and technical report writing skills.
• Attention to detail.
• Knowledge of Encompass LOS
• Shows work commitment
• Personal organization
• Adaptability and flexibility
• Ability to meet strict deadlines and demonstrate a sense of urgency as applicable.
• Fosters teamwork
• Uses sound judgement
• Comfortable using financial/ quantitative data

Education & Experience

• 3-5 years of experience in Prefunding QC, Underwriting Help Desk Capacity, Sr. Processing or similar Mortgage Condition Clearing Capacity and complete knowledge of the mortgage business
• Bachelor’s degree preferred or equivalent work experience
• Experience with FHA/ VA/ USDA/ Agency loans
• Knowledge of Encompass LOS

Supervisory Responsibilities

None

Equal Employment Opportunity Statement

Union Home Mortgage Corp. provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, gender identity, national origin, age, disability, genetic information, marital status, amnesty or status as a covered veteran in accordance with applicable federal, state and local laws. Union Home Mortgage Corp. complies with applicable state and local laws governing nondiscrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment, including hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training. Union Home Mortgage Corp. expressly prohibits any form of unlawful employee harassment based on race, color, religion, gender, sexual orientation, national origin, age, genetic information, disability or veteran status. Improper interference with the ability of Union Home Mortgage Corp. employees to perform their expected job duties is absolutely not tolerated. This is not necessarily an exhaustive list of all responsibilities, skills, duties, requirements, efforts or working conditions associated with this job. While this is intended to be an accurate reflection of the current job, management reserves the right to revise the job or to require that other or different tasks be performed.