Mortgage - Underwriter

Paramount Residential Mortgage Group, Inc; Pine Island (FL); Remote; USD 90,000 - 100,000; Full time

Job summary

A leading mortgage company is seeking experienced Mortgage Underwriters to work remotely. This role involves ensuring compliance with mortgage guidelines, analyzing loan files, and training new underwriters. Employees benefit from a supportive environment and a structure that promotes work-life balance, alongside an attractive bonus system.

Qualifications

• Minimum three years of mortgage underwriting experience.
• Strong knowledge of underwriting guidelines.
• Excellent written and verbal communication skills.

Responsibilities

• Thorough analysis of loan files for compliance with guidelines.
• Underwrites entire credit package and collateral for loans.
• Maintains underwriting activity logs and compliance.

Skills

Interpersonal communication

Detail oriented

Analytical skills

Organizational skills

Technologically proficient

Education

Bachelor’s degree in related field

Job description

Overview

We are always searching for talented Underwriters to join our team. One of the biggest benefits about Underwriting with PRMG is that we encourage remote Underwriting, and you can work for us from anywhere in the nation. We are proud to say PRMG has one of the most aggressive bonus structures for Underwriters in the industry. Our Bonus structure has allowed some of our underwriters to double their base salary per year. Lastly, we are big on Work Life Balance and Teamwork here, our Underwriters work on a pod system that creates a positive work environment that allows Underwriters the perfect conditions for success and growth.

Responsibilities

Mortgage Underwriter Responsiblities

• Underwriter completes a thorough analysis of loan files to determine compliance with company, investor, and FHA/VA guidelines.
• Underwrites the entire credit package and collateral for residential mortgage loans and ultimately ensures an “investment” quality loan product.
• Checks accuracy of all calculations and data integrity. Completion of all required underwriting worksheets found in Fast Trac 360 Resource Center.
• Assists with the training of new underwriters. - Recommends the loan disposition to underwriting manager for loan amounts in excess of authority limitation.
• Maintains company standard for Underwriter productivity level, and complies with company policy of 48 hour underwriting turnaround time and 24 hour turnaround time for clearing conditions.
• Strives to meet 3 Underwriting decisions/day within allotted time - Communicates decision on loans to appropriate parties both verbally and in writing.
• Maintains underwriting activity logs and provides monthly underwriting report to underwriting manager.
• Available to processors and correspondents for general Underwriter guideline interpretations and questions on specific loan files.
• Responds to post closing reviews and audits in a timely fashion.
• Performs related duties, as directed by Underwriter or Operations Manager.

Qualifications

Mortgage Underwriter Qualifications

• Minimum three years of mortgage underwriting experience, with solid working knowledge of underwriting guidelines.
• Experience Underwriting private investor and private mortgage insurance guidelines.
• Strong interpersonal-communication and business-relationship skills.
• Detail oriented with strong organizational and follow-through skills.
• Excellent analytical, written communication and verbal communication skills.
• Technologically proficient.
• Bachelor’s degree in related field or equivalent professional experience.

At PRMG, we not only celebrate and support differences, we thrive on it for the benefit of our employees, our products, and our community. We are proud to be a workplace that provides equal employment opportunities to all employees and applicants and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, marital status, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state, or local laws.

Min

USD $90,000.00/Yr.

Max

USD $100,000.00/Yr.