Mortgage Underwriter

guidanceresidential; Dallas (TX); On-site; USD 85,000 - 115,000; Full time

Benefits offered by this job

Medical

Dental

Vision

401K with match

Student Loan Paydown

Paid holidays

Paid vacation

Flex Spending

Life/AD&D

STD

LTD

Job summary

Guidance Residential, LLC in Dallas, TX is seeking an experienced Underwriter to evaluate mortgage applications and determine if buyer, property, and conditions meet investor guidelines. You will collaborate with the underwriting team to provide a customer experience aligned with the company’s goals and support internal and external customers.

The ideal candidate has five years of underwriting experience with conventional first mortgage loans, strong knowledge of Fannie Mae and Freddie Mac

Qualifications

• Five years of underwriting experience with conventional first mortgage loans
• Strong knowledge of Fannie Mae and Freddie Mac underwriting requirements
• Excellent oral and written communication skills
• Ability to analyze complex transactions and research guideline questions

Responsibilities

• Review and evaluate mortgage applications for compliance with investor and company guidelines
• Analyze income, assets, credit, collateral, occupancy, and transaction risk
• Conditionally approve, suspend, or recommend denial based on guidelines
• Identify discrepancies and additional documentation needed to support underwriting decisions
• Document decisions clearly and communicate conditions concisely

Skills

Underwriting

Guidelines knowledge

Attention to detail

Communication skills

Independent judgment

Education

Associate’s degree (preferred)

Job description

Guidance Residential, LLC is a strong, growing company that specializes in residential mortgage lending. Our team members are a vital strength in our ability to grow and continue to serve our customers.

We currently have an opening for a full-time Underwriter, who will perform the full range of underwriting duties, including evaluating mortgage applications to determine if buyer, property, and conditions meet applicable investor guidelines. As a member of the underwriting team, the ideal candidate will collaborate with other members to provide a customer experience that is consistent with the goals of GR, as well as, meet the needs of the internal and external customers.

Essential Duties and Responsibilities

• Reviews and evaluates co-ownership applications to determine compliance with applicable investor and Company guidelines.
• Analyzes income, assets, credit, collateral, occupancy, and overall transaction risk to make sound underwriting decisions.
• Conditionally approves, suspends, or recommends denial of applications based on documented findings and applicable guidelines.
• Identifies discrepancies, potential risks, and additional documentation needed to support an underwriting decision.
• Clearly documents underwriting decisions and communicates conditions that are concise, actionable, and supported by applicable guidelines.
• Maintains current knowledge of Fannie Mae, Freddie Mac, investor, and Company guidelines and independently researches underwriting questions as needed.
• Manages assigned workload to meet established quality, productivity, and service expectations while maintaining accuracy and compliance.
• Communicates professionally with processors, sales staff, management, and other business partners and takes ownership of assigned files through final disposition.
• Performs other duties as assigned by management.

Requirements

• Associate’s degree preferred
• Minimum five years of underwriting experience with conventional first mortgage loans
• Comprehensive knowledge of applicable Fannie Mae and Freddie Mac underwriting requirements and investor guidelines
• Demonstrated ability to independently analyze complex transactions, research guideline questions, exercise sound underwriting judgment, and elevate only when a true guideline conflict, policy question, or business risk exists
• Excellent oral and written communication skills
• Strong attention to detail and ability to identify discrepancies, inconsistencies, documentation conflicts, and potential risk issues
• Ability to consistently meet established quality, compliance, and production expectations while managing workload independently
• Demonstrated accountability, professional integrity, and commitment to continuous learning and development

Aside from the requirements above, the ideal candidate will have a proven track record in exceptional follow-up and customer service, and must be able to prioritize multiple projects to ensure deadlines are met. Must also be able to demonstrate initiative and use independent judgment within Guidance's established guidelines and procedures.

We offer a competitive salary and a comprehensive benefits package including Medical, Dental, Vision, Flex Spending, Life/AD&D, STD, LTD, 401K with match, Student Loan Paydown, paid holidays and vacation.