DE Underwriter

NovaFi Mortgage, Inc.; Dyer (CA); Remote; USD 52,000 - 62,000; Full time

Benefits offered by this job

Medical Insurance

Dental insurance

Vision insurance

Life insurance

Paid time off

401(k) with company match

Job summary

Kings Mortgage Services, Inc. is seeking a Remote Underwriter to review residential mortgage loan applications for compliance with guidelines and regulations. You will evaluate borrower creditworthiness, income, assets, and collateral to support sound underwriting decisions while meeting service levels.

The role requires a DE certification, Encompass experience, and the ability to work Pacific Time hours. A strong mortgage underwriting background and knowledge of HUD guidelines are essential for

Qualifications

• Active Underwriter designation (DE) required.
• Experience using Encompass required.
• Located in or able to work Pacific Time hours.
• Proven experience in mortgage underwriting or related field.
• Strong knowledge of HUD underwriting guidelines.
• Excellent analytical skills with attention to detail.
• Strong communication skills for collaboration with team and clients.
• Ability to work independently in a fast-paced environment.

Responsibilities

• Review and analyze loan applications, credit reports, and financial documents to determine borrower eligibility.
• Assess risk factors including income verification, debt-to-income ratios, and creditworthiness.
• Ensure compliance with federal and state regulations and company policies throughout underwriting.
• Collaborate with brokers, Account Managers, and other stakeholders to resolve documentation issues.
• Prepare detailed financial reports with findings and recommendations for approvals/denials.
• Stay updated on industry trends and changes in underwriting regulations.
• Conduct quantitative analysis of borrower profiles and market conditions impacting decisions.

Skills

Active DE designation

Encompass experience

Analytical skills

Communication skills

Independent worker

Mortgage underwriting experience

Education

DE certification

Tools

Encompass

Job description

DE Underwriter

Department: Operations

Employment Type: Full Time

Location: Remote Home Office - KMS

Compensation: $38.00 - $45.00 / hour

Description

The Wholesale Underwriter is responsible for reviewing and evaluating residential mortgage loan applications submitted through third-party brokers to ensure compliance with company guidelines, investor requirements, and applicable regulations. This role analyzes borrower creditworthiness, income, assets, collateral, and overall loan risk to make sound underwriting decisions while maintaining service level expectations.

Key Responsibilities

• Review and analyze loan applications, credit reports, and financial documents to determine borrower eligibility.
• Assess risk factors associated with mortgage loans, including income verification, debt-to-income ratios, and creditworthiness.
• Ensure compliance with federal and state regulations as well as company policies throughout the underwriting process.
• Collaborate with brokers, Account Managers, Account Executives, and other stakeholders to resolve any issues or discrepancies in documentation.
• Prepare detailed financial reports summarizing findings and recommendations for loan approvals or denials.
• Experience with Encompass is required
• Conduct quantitative analysis to evaluate borrower profiles and market conditions impacting loan decisions.
• Stay updated on industry trends, changes in regulations, and best practices in mortgage underwriting.

Preferred Skills, Knowledge and Expertise

• Active Underwriter designation certificate (DE) required
• Experience using Encompass required
• Located in or able to work Pacific Time hours
• Proven experience in mortgage underwriting or a related field within financial services.
• Strong knowledge of HUD underwriting guidelines.
• Excellent analytical skills with attention to detail to ensure accuracy in assessments.
• Strong communication skills for effective collaboration with team members and clients.
• Ability to work independently while managing multiple tasks in a fast-paced environment.

Benefits

Kings Mortgage Services, Inc. offers a full suite of benefits including:

• Medical Insurance
• Dental insurance
• Vision insurance
• Life insurance
• Paid time off
• 401(k) with company match