Condo & Co-op Underwriter - Mortgage Guidelines Pro

CrossCountry Mortgage, LLC; Oregon; Hybrid; USD 90,000 - 120,000; Full time

Job summary

CrossCountry Mortgage, LLC is seeking a Condo Underwriter to review documentation for condo and cooperative projects and ensure compliance with internal policies and investor guidelines. The role supports the West Coast region and primarily operates within Pacific Time zone working hours.

The ideal candidate will have extensive experience underwriting condominium projects, knowledge of FNMA/Freddie/FHA/VA guidelines, and strong organizational skills.

Qualifications

• 5+ years of project review experience.
• 5+ years of experience related to mortgage credit guidelines, policies and procedures.
• 5 years’ experience with FNMA/Freddie/FHA underwriting guidelines.
• Experience with investor guidelines.
• Knowledge of Fannie Mae, Freddie Mac and FHA/VA condominium guidelines.
• Excellent organizational skills.

Responsibilities

• Ensure condominium and cooperative projects are underwritten accurately and in a timely manner.
• Maintain approved and declined condominium and cooperative projects lists and manage expiration dates.
• Manage lender concentration.
• Maintain condominium and cooperative projects documentation and requirements as dictated by the agencies and investors.
• Retain and manage project files.
• Ensure cooperatives meet Fannie Mae and Freddie Mac guidelines.
• Ensure condominiums meet Fannie Mae, Freddie Mac, and FHA/ VA guidelines.
• Determine eligibility of a project (underwrite budget, financials, questionnaire, etc.).
• Perform legal reviews of the projects (i.e. review by laws, offering plan, etc.).
• Deliver excellent customer service to Sales and Operations staff.

Skills

Project review

Mortgage credit guidelines

FNMA/Freddie underwriting guidelines

FHA/VA underwriting guidelines

Investor guidelines

Organizational skills

Job description

CrossCountry Mortgage, LLC is seeking a Condo Underwriter to review documentation for condo and cooperative projects and ensure compliance with internal policies and investor guidelines. The role supports the West Coast region and primarily operates within Pacific Time zone working hours.

The ideal candidate will have extensive experience underwriting condominium projects, knowledge of FNMA/Freddie/FHA/VA guidelines, and strong organizational skills.